what heppens after 30 9 2013 to lic agents?

Dear friends,

good morning all. As per new IRDA directions, our lic is going to close all existing plans by 30-09-2013 and

new plans will be introduced from 01-10-2013.

I request you all to comment on this. what is going to happen and what is the future of lic and lic agent.

With kind regards,

vinay mohanty

2 comments:

  1. Is this will affect the old policy commission structure or what?

    & After introduction of new plan with service tax, what will be the commission structure for lic agent? or straight away there would be no commission.

    Pls explain.

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  2. Hi All,

    My comment reads as:

    In the current scenario only its so hard to influence someone for taking a policy due to decreasing bonus year by year and due to commissions offered by the big agents who give more than what they get...

    After the reform I.e. 30th September, I think the LIC's environment is going to see a big downfall in its big business specially if the policy planners didnt come out with the attractive features and the return on the policy....
    If this downfall occurs then agents like us are going to suffer in a big manner who are majorly dependet on their LIC business

    Regards
    Mayank Gupta

    ReplyDelete