Regarding issue of new LIC License.

[Sarvesh]

Hello, I have passed my IRDA Life Insurance examination last month but the LIC officer has withheld my license and I have been told to get 12 policies done before license is assigned. Is this the correct process or is it legal under LIC rules. Please clarify.

Many Thanks.

[Manish_Kumar]

No. You passed the Agency Exam so you are eligible for Agency Licence, there is no other condition attached to it.

[Manish_Kumar]

You can also contact LIC Grievance Redressal (https://www.licindia.in/grievances.htm).