Benefits
Benefits
Besides a handsome, passive, and hereditary commission, LIC also provides:
- Interest free advance for 4 wheelers or 2 wheelers.
- Interest free advance for purchase of Personal Computer, Palmtops, Laptops, etc.
Housing Loan at the rate of 5% p.a. - Reimbursement of expenses on Office, Stationery, Sales Promotion & Gift Items.
- Interest Free advance for Training.
- Gratuity Pension Facility.
- Term insurance and Mediclaim Benefits.
- A Lic Agent can become Development Officer during the course of 4 years depending upon the quality work develired.
- And many more.
Commission on Sales
Commission on Sales
On any standard Policy that you obtain, you will be paid the accompanying
Commission Rates:
35% of first year premium .
7.5% of second and third year premium.
5% there after till the Policy Continues.
Commission Rates:
35% of first year premium .
7.5% of second and third year premium.
5% there after till the Policy Continues.
Hereditary Income
Hereditary Income
In the event of specialist's demise while his office stays alive, after organization was in power for a very long time or over, restoration commission will keep on being payable to his beneficiaries or candidate gave there was a business of at least Rs. 1 lakh in power at the hour of death.
Interest and Club Membership
Interest and Club Membership
A Club Member Agent is qualified for Interest free advance of Car, diminished Interest for Home Loan, Office support Allowance, Furniture Allowance, Festival Advance, Mobile and Land line Bill repayment and different offices.'
Retirement Benefit
Retirement Benefit
Tip up to a limit of Rs. 3,00,000/ - is payable under Schedule VI of the (Agents) Rules, 1972 gave the specialist has finished the business ensure for at any rate 15 years called as "qualifying years".
Dreams Can Come True
Dreams Can Come True
Raise personal satisfaction for yourself and your family as far as: Unlimited Income, Two/Four Wheeler, Dream House, Dream Office, Status in Society, International Status, Job Satisfaction, Pension For Generation, Peaceful Life.
Make Your Own Pension
Make Your Own Pension
As Years cruise by, the Renewal Commission fires developing. There by guaranteeing you a benefits for the following 20 to 25 Years. No retirement in this work, you are qualified for LIFE-LONG pay as COMMISSION.
Expanding Income
Expanding Income
With the above repeating pay highlight of the protection remuneration your pay goes on consistently expanding each year. Each succeeding year's new deals add to the recharging commission on the earlier year's business.
International Recognition
International Recognition
For each protection strategy sold by you, you will procure each time the policyholder pays premium on that arrangement. MDRT INR 7,34,700 Commission, COT INR 22,94,100 Commission, TOT INR 44,08,200 Commission
Reestablishment Commission
Reestablishment Commission
The specialist is paid 7.5 percent of the sum paid by the policyholders as the second just as the third year's charges and keeps on being paid a recharging commission of 5% on consistently's premium paid from the fourth year onwards.