Life Insurance Corporation of India (LIC) has recently implemented significant changes in its commission structure and related policies, effective October 1, 2024. These changes, driven by new surrender rules and revised guidelines, have implications for LIC agents, customers, and the insurance industry at large. This article delves into the updated commission structure, the reasoning behind … Read more
LIC Agents News – The Life Insurance Corporation of India (LIC) recently held a press conference to announce significant updates that will impact its vast network of agents, numbering around 14 lakh across India, and its policyholders. Led by LIC CEO Siddharth Mohanty, the LIC management provided clarity on two key areas: the non-implementation of … Read more
8 Announcements from LIC Management – Life Insurance Corporation (LIC) agents recently received updates from top management officials following a high-level meeting at LIC central office in Mumbai. This meeting was attended by key figures including Managing Director Jagannath, Sudhakar, and Executive Director of Marketing Anand Chatterjee, among others. Although these updates have been presented … Read more
Mahila Career Agent in LIC – In a groundbreaking move towards women empowerment and financial inclusion, the Life Insurance Corporation of India (LIC) has introduced the Women Career Agent Program, also known as PM Bima Sakhi Yojana. Set to launch on December 9, 2024, this initiative offers women across India an incredible opportunity to build … Read more