LIC Agents Benefit: If you are a LIC agent or LIC employee then there is good news for you. Today the Finance Ministry has approved some benefits for Life Insurance Corporation of India (LIC) employees and LIC agents. Under this, the Finance Ministry has approved the limit of gratuity for them, their renewable commission eligibility, term insurance cover and a uniform rate for family pension.
👉 Welfare measures include:
✅ Increase in gratuity limit
✅ Eligibility for renewal commission
✅ Term insurance cover, and
✅ Uniform rate of family pension for LIC… pic.twitter.com/tEzLiQPMsq
— Ministry of Finance (@FinMinIndia) September 18, 2023