What is the minimum business guarantee for LIC Agent?
The minimum business guarantee criteria for LIC agents are as follows:-
1. First Year: 6 life insurance policies and Rs 50,000 first premium income
2. Second Year: 6 life insurance policies and Rs 50,000 first premium income
3. Third Year: Cumulative 36 life insurance policies and cumulative Rs 300,000 first premium income
4. Fourth Year onwards: 12 life insurance policies and Rs 100,000 first premium on an annual basis
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