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The premium target for Lic MDRT is Rs.30.70 Lacs in a calender year. Alternatively, commission earning in a calender year should be Rs.7.50 lacs to achieve MDRT target. If the achiever fails to achieve the target next year, his MDRT accreditation will be cancelled for that year.
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Can i get a link for online premium of lic with the help of SBI Visa credit card?
The link for online premium of lic is - licindia.in/online_payment.htm
How do you lock a ledger in tally erp 9?
LIC premium
How do you calculate new business target for life insurance company?
It is calculate last year premium collection and cost of expenses and death ratio over all decide every financial year lic target related these things
How you can get lic premium calculator source code?
Dont KNow bro
Who is the first MDRT Qualifier for the year?
Professor Sharad P Chavan, agent, Life Insurance Corporation of India ( LIC, ) Sangli branch in Maharashtra has qualified for the Million Dollar Round Table ( MDRT ) for the year 2009! On 1st of JANUARYThe Satara based Prof. Chavan dedicated his achievement to the faith reposed in him by his clients who trusted his advice even during a downturn and to Motivational Speaker & Sales Trainer, Mr.Syed Rafi, of Hyderabad. Mr.Syed Rafi represents Ascent Training & Consultancy Services.Professor Chavan is the First ever Indian to have Qualified for MDRT on the Day One. This makes the the achievement noteworthy.Mr.Chavan will be the first participant from India for the MDRT event to be held in the year 2010. He achieved this feat by completing 643 policies of sum assured Rs 5.71 crore, premium Rs 34.32 lakh and earning Rs 8,39,600 as commission excluding bonus on January 1, 2009.
What is target premium?
Target premium is the amount that the agent's commission is based off of. It is neither the planned premium or minimum premium to keep the policy in force. Sometimes called the "commissionable premium."
How do you calculate premium waver benefit in lic policies?
Premum waiver benefit is available in certain LIC policies provided you have paid regular premiums for 3 years or more. In this option by paying extra premium you can get the premium waived off from the date of one's demise till your nominee becomes eligible to avail benefits.
What is target of lic ado?
18 lacs per annum on after confirmation need to complete target orelse termination form the service
What is the target of lic ado?
18 lacs per annum on after confirmation need to complete target orelse termination form the service
How can you get premium receipt of LIC policy?
You can get premium receipt against payment made both online and over counter.When payment of premia is made by cheque, the premium receipt inscribes the clause '...subject to realisation of cheque.'
Lic policy status?
Sure you can find the status of your LIC policy online. Just go to this site licindia.in and register for a new account. Fill the form with your policy number, DOB and the premium amount. After registration you can access your LIC account and find details about your policy.
What is LIC Jeevan Azad Plan 868?
LIC’s Jeevan Azad Plan No. 868 is a new insurance plan launched by LIC of India which is available for sale from 19/01/2023. LIC’s Jeevan Azad is a Non-Linked, Non-Participating, Individual, Savings Life Insurance plan and limited Premium Endowment plan.
