I couldn't complete min criteria of agency on 3rd year of my agency i.e 2012-2013. Due to which my agency got terminated on Feb 2013. My license is renewed. This is my 4th yr. My confusion is at the time of requisition for reinstatement of agency, how much policies and premium should be given? What is the min requirement? I heard that 12 policies and 1 lakh premium is required. Is it true?
Regards,
Via email @ megha_umeshSimilar Threads:
- 3rd time LIC Agent licence was terminated due to non-business Would it possible to continue the agency business?
- New IRDA Rules for transfer of Agency / Corporate Agency License from one insurer to another
- How to surrender lic agency
- LIC Agency Licence Terminated in 4th agency year - please help?
- need to register your agency ?