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
Website of ARIVUKKADAL for sharing updates of LIC and Insurance Industry
About Me
- Arivukkadal
- 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. I'm a member of AIIEA.
It's very important information for lic agents. very very thanks
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