The Protest of LIC Agents Against Restructuring of Commission and ClawBack Clause – On 14th October 2024, a significant protest letter was issued by the All India Life Insurance Agents Federation of India (AILIAFI) to Shri Siddhartha Mohanty, CEO and Managing Director of the Life Insurance Corporation of India (LIC). This letter highlights the deep … Read more
LIC announces Testing Centre of Excellence (TCOE) in Bhubaneswar – September 26, 2024 – Life Insurance Corporation of India (LIC), the country’s largest insurance provider, has announced the establishment of a state-of-the-art Testing Centre of Excellence (TCoE) in Bhubaneswar, Odisha. This significant move marks LIC commitment to technological innovation, operational excellence, and the advancement of … Read more
NRI and PIO markets – In recent days, a significant announcement has come from LIC, which holds immense potential for insurance agents, particularly those aspiring to expand their business internationally. The news, released via a press statement by LIC on the 20th of September, has opened a new avenue for agents by easing the process … Read more
SIP of 100 per Month – The journey to financial prosperity can often seem overwhelming, especially for those who are just beginning to navigate the world of investments. Everyone dreams of becoming a millionaire, but the pathway to wealth often lacks a clear and simple formula. While there is no shortcut to success, there are … Read more
In a significant move toward harnessing the growth of India’s manufacturing sector, LIC Mutual Fund has launched the LIC MF Manufacturing Fund. This fund aims to provide investors with an opportunity to build long-term wealth by investing in equity and equity-related instruments of companies involved in manufacturing and allied activities. The New Fund Offer (NFO) … Read more
LIC DIVE App – The Life Insurance Corporation of India (LIC) is set to revolutionize its operations with the launch of its new app, the DIVE (Digital Innovation and Value Enhancement) application. This app aims to modernize LIC’s digital landscape by integrating advanced technologies like artificial intelligence (AI), cloud-based systems, and secure operational frameworks. The … Read more
The Life Insurance Corporation of India (LIC), a key player in the Indian insurance industry, is embarking on a significant digital transformation journey. This initiative, known as DIVE (Digital Innovation and Value Enhancement), is aimed at revolutionising LIC digital capabilities, ultimately transforming the customer experience, optimising operational efficiency, and enhancing services for all stakeholders. The … Read more
LIC Work From Home Jobs – Life Insurance Corporation of India (LIC) has introduced an exciting recruitment drive, offering positions in both full-time and part-time capacities. This article will provide a comprehensive overview of the post, eligibility criteria, number of vacancies, salary, and the step-by-step application process. If you’re looking to explore a career with … Read more
LIC Sales Saathi App – In today’s competitive insurance industry, staying ahead requires tools that simplify processes and help you connect with customers effectively. LIC’s new Sales Saathi app is designed to do just that—an all-in-one sales and customer engagement platform that supports agents throughout the entire sales cycle. From gathering leads to offering post-sale … Read more
What is One Man Office – The insurance industry in India has witnessed massive digital transformations, and Life Insurance Corporation of India (LIC) is no exception. LIC has consistently strived to enhance the experience for its agents and customers through digital advancements. One of the latest and most significant initiatives in this regard is the … Read more