LIC changed agency MBG criteria for agents
Ahead of its Diamond Jubilee year Life Insurance Corporation of India has given a good gift to its agents by […]
LIC
Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of ₹2,529,390 crore. The Life Insurance Corporation of India was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalized the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state-owned Life Insurance Corporation.
Types of revival for lapsed LIC policies
To keep the risk cover in force in your LIC policy a policyholder must pay his/her insurance premium on time
LIC's New Plan Jeevan Labh (Plan no. 836)
LIC of India’s Jeevan Labh (Plan No. 836) is a limited premium paying, non-linked, with-profit endowment assurance Plan. Unique identification
LIC of India's New insurance plan "Jeevan Tarun" (Plan No. 834)
The new policy is named as Jeevan Tarun (Plan No. 834), and it’s a non-linked, with profit, limited premium payment
LIC of India's New insurance plan "Jeevan Tarun" (Plan No. 834) Read More »
Diferment of escalation clause for LIC of India's Club Member agents
In my earlier post “Conditions for Club membership for FY 2015-16 for LIC agents” I mentioned about the escalation clause and
Diferment of escalation clause for LIC of India's Club Member agents Read More »
Club Galaxy for LIC agents: All you need to know
Club membership for agents is one of the ways Life Insurance Corporation of India rewards its agent for higher and
Club Galaxy for LIC agents: All you need to know Read More »
LIC's rate of interest for various financial transaction for FY 2016-17
Life Insurance Corporation of India (LIC) every year declares the rate of interest to charged on the various financial transaction
LIC's rate of interest for various financial transaction for FY 2016-17 Read More »
Terminology that every LIC club member agent must know
LIC of India has more than 12 lac agents, and according to their performance, LIC rewards them in different forms.
Terminology that every LIC club member agent must know Read More »
LIC relaunched its special revival campaign
After getting the huge response to its earlier launched Special Revival Campaign from 01/09/2015 to 31/10/2015 which was later extended