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Trichy, Tamil Nadu, India
Working as an Assistant in LIC of India, Rockfort BO, Trichy, TN. Having a strong belief that LIC's welfare is our welfare and always trying to work towards that. Also functioning as an office bearer of AIIEA Thanjavur Division.

Friday, October 23, 2009

Club New Rules

ClubNewRule
Existing condition A&B are no more
Sum Assured is not a criterion now
Single condition to be done for
Qualifying Year + any 2 of preceding 3 yrs

Conditions
==============================================
Club--MinNetLives--NetLives/Inforce--RenComn--FirstYrComn
==============================================
CM----------50------------130/600--------Rs. 2Lac------Rs. 2Lac
ZM----------40------------100/400--------Rs. 1.4Lac----Rs. 1.4Lac
DM----------30-------------80/250--------Rs.90,000----Rs.60,000
BM----------20--------------50/150--------Rs.50,000----Rs.35,000
==============================================
Relaxations
FC-50%=RC+50%
(Shortfall of upto 50% in FC can be offset with additional 50% RC)
RC-100%=FC+100%
(Shortfall of upto 100% in RC can be offset with additional 100% FC)

Transitional arrangement for 2 yrs
Members & newly qualified agents under existing condition A or B will be allowed for 2010-11 & 2011-12

5 comments:

  1. It's very important information for lic agents. very very thanks

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