How many policies Agent need to do in fourth yearof LIC agency?

[pravmani]

I took my LIC Agency 4 years ago and 4th year completed by July 20th 2014. I have done only 6 policies and 1,20,000 premium but my DO is saying my commission will be not released and I want to give 12 policies and 1 lakh premium within 15th of this month. Is it true above or what is the minimum criteria for me to complete my 4th year?

Similar Threads:

• 3rd time LIC Agent licence was terminated due to non-business Would it possible to continue the agency business?
• Termination even after 12 policies and 1 Lac + premium (Visitor agent)
• New IRDA Rules for transfer of Agency / Corporate Agency License from one insurer to another
• What is the minimum policies required for an LIC agent?
• Can agent have third health insurance agency licence?

[Manish_Kumar]

Minimum Criteria => At least 12 different lives with not less than Rs.1.00 Lac in 4th Year.

Check this thread for detailed info -
http://www.policywala.com/forum/show...r-an-LIC-agent

[pravmani]

Thanks for the reply Manish_Kumar and I have doubt whether now I want to get 6 policies are again I want to get 12 pols and 1 lakh premium.

[Manish_Kumar]

Thanks for the reply Manish_Kumar and I have doubt whether now I want to get 6 policies are again I want to get 12 pols and 1 lakh premium.

The critaria is for whole year. So if you have already done - 6 policies and 1,20,000 premium (as per your first post). You just need to give 6 more policies, premium has no relavence here now; because you have already done 1,20,000 premium, which is more that required 1,00,000.