I am LIC agent since last 10 years from Mumbai - Mulund branch. From last 4 years I am doing business in Mumbai and in Pune (as visitor agent).
In last year (2013) I had done the business more than 1 lac (first premium) with 14 new proposal. Out of which 5 in Mumbai and 9 in Pune. Today (25 March 2014) I got to know from my DO that my agency is terminated as I have not done enough business in Mumbai.

I have fulfilled the basic criteria of one Lac first premium and 12 new policy per year. Is there special rules for visitor agents even the organization is same? Can anybody please let me know the rules/criteria for agency termination in such case.

Also if this is not correct then please let me know to whom should I contact (DO/Branch Manager/Division office).

Similar Threads: