Table of Contents
What are the targets of LIC agent?
What is the minimum business LIC agents have to do
- First Year: 6 life insurance policies and Rs 50,000 first premium income.
- Second Year: 6 life insurance policies and Rs 50,000 first premium income.
- Third Year: Cumulative 36 life insurance policies and cumulative Rs 300,000 first premium income.
Does LIC agent get pension?
Group pension Group pension is also available under Lic Agent Benefits.
What is LIC development officer exam 2021?
LIC Development Officer Exam 2021 – LIC is the acronym of Public owned Life Insurance Company and Life Insurance Corporation of India Recruitment exam is known as L.I.C D.O. A competitive examination for the recruitment of Assistant Development Officers’ in the LIC is held once a year, normally in the month of September.
How much does a development officer have to pay to LIC?
If he is paid one rupee by lic, he has to pay five times back to lic. A single premium of one lakh is considered as five thousand rupees, collected by d. o. That means if a development officer procures 10 lakh rupees, only 5\% i.e. 50000 rupees will be taken into account for calculation of his business.
What is the salary of LIC ADO?
The basic pay in the LIC ADO salary is Rs 21,865/- per month. However, there are other lucrative allowances and perks, along with the basic pay in the salary structure. This article is about the LIC ADO salary structure with information on allowances, perks and other benefits.
What is it like to join LIC as an officer grade?
Never ever join in LIC for marketing or sales department as officer grade. U will feel a lot for that, after finished your training. Lot of partiality and politics between the Branch Managers and employees. Your salary should be sacrificed as policies to finish the current month target.