The Key Demands of LIC Agents and the Responses from LIC Management

The Key Demands of LIC Agents and the Responses from LIC Management

In a recent pivotal meeting held at the Life Insurance Corporation’s (LIC) central office in Mumbai, high-ranking officials met with representatives from the LIC Agents’ Federation of India (LIAFI), established in 1964. The discussions revolved around several demands put forth by LIC agents that are critical for maintaining their income stability and addressing changes in … Read more

The Protest of LIC Agents Against Restructuring of Commission and ClawBack Clause

The Protest of LIC Agents Against Restructuring of Commission and ClawBack Clause

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