Life Insurance Corporation (LIC) agents are raising concerns over recent commission adjustments and new surrender value regulations, which they fear could impact their earnings. Under the new ...
The agents distributing the state-owned Life Insurance Corporation of India policies are up in arms against the new claw back norm introduced for policies surrendered prematurely by the policy holders ...
Life Insurance Corp. (LIC), which gets 96% of its new business from its agents, has recently introduced changes that have miffed them. Effective 1 October, modifications to endowment plans include a 7 ...
The Life Insurance Corporation of India (LIC) is facing trouble from disgruntled agents. These agents are upset with LIC’s decision to “reduce commission payouts” as well as a 'clawback clause' after ...
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