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What is the minimum business LIC agents have to do

What is the minimum business guarantee for LIC Agent?

Sep 9, 2015 by Ravindra Bahadur Srivastava, Allahabad  |   Financial Advisory

The minimum business guarantee criteria for LIC agents are as follows:-

1. First Year: 6 life insurance policies and Rs 50,000 first premium income

2. Second Year: 6 life insurance policies and Rs 50,000 first premium income

3. Third Year: Cumulative 36 life insurance policies and cumulative Rs 300,000 first premium income

4. Fourth Year onwards: 12 life insurance policies and Rs 100,000 first premium on an annual basis

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