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Thread: My LIC agency got terminated - What is the min requirement for reinstatement of agency?

  1. #1
    PW NewsDesk NewsDesk's Avatar
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    May 2011
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    Question My LIC agency got terminated - What is the min requirement for reinstatement of agency?

    I couldn't complete min criteria of agency on 3rd year of my agency i.e 2012-2013. Due to which my agency got terminated on Feb 2013. My license is renewed. This is my 4th yr. My confusion is at the time of requisition for reinstatement of agency, how much policies and premium should be given? What is the min requirement? I heard that 12 policies and 1 lakh premium is required. Is it true?

    Regards,

    Via email @ megha_umesh



  2. #2
    Administrator
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    Apr 2009
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    Chennai
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    Quote Originally Posted by NewsDesk View Post
    My confusion is at the time of requisition for reinstatement of agency, how much policies and premium should be given?
    It is 12 Lives + 1 lacs FYPI.

    Check these two threads for more info - First & Second

    What is the min requirement? I heard that 12 policies and 1 lakh premium is required. Is it true?
    Yes, you are right see above thread.
    You will pick up maximum wrong numbers when on roaming.


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