A delayed train changed the course of Mr P M Padmanabhan’s career. This 72 year old Life Insurance Corporation of India Agent at Vellore, Tamil Nadu gave up thoughts of giving up his agency and went on to become a long standing member of the Chairman’s Club.
Life Insurance Corporation of India (LIC) has introduced a contributory pension scheme for its agents who are eligible for renewal commission and are earning less than Rs one lakh as commission per year.
Life Insurance Corporation of India’s LIC’s Endowment Plus is a Unit-linked insurance policy that offers investment-cum-insurance during the term of the policy.
Life Underwriters Guild of India (LUGI), the self-development association of insurance agents, held its 8th Annual Convention, Hotel Leela , Tiruvananthapuram, Inspire – Take the Lead,
Attended by over 460 top agents of India, the convention had sessions on a range of topics including the future of the profession, the importance of professional education and motivational and inspirational topics.
We present highlights from the convention.
“Success is what keeps me going”, says Mr M Rajavardhan Reddy who has been attending the Million Dollar Round Table (MDRT) annual meet for the past 12 years continuously as an agent of Life Insurance Corporation of India (LIC) at Hyderabad. Apart from his insurance selling business, Mr Reddy is also active in the MDRT organisation in India and has been recently reappointed to the post of Area Chair, Andhra Pradesh.
Happy Birthday!
Union Minister for Finance, Mr Pranab Mukherjee, cuts a cake on the occasion of the 54th Anniversary of Life Insurance Corporation of India (LIC) on September 1 at Mumbai.
Ms Latha Mangai, Agent, Life Insurance Corporation of India at Kulithalai Branch, Karur District, Tamil Nadu is also a Chief Life Insurance Advisor (CLIA). This social worker turned insurance agent works in a rural area and is an MDRT qualifier and Chairman’s Club Member. As an ‘empowered agent’ she has a Premium Point at Manapparai [...]
Most people lack the will to write a will. If your client does not make a will his successors may not enjoy his wealth and will spend more time in courts and in lawyers’ offices says Mr P Srinivasan, Member-Corporate Club for Agents, Life Insurance Corporation of India, Coimbatore and Founder-President, Life Underwriters Guild of India (LUGI).
He was in the armed forces, took up insurance agency without a clue about insurance and is riding high. Wing Commander Dinesh Kumar Bhardwaj based at Gurgaon represents the two Tata AIG insurance companies, flying the world as a high achiever in the new career he discovered in his late fifties and trying to din the importance of insurance protection into the heads of his erstwhile defence forces colleagues!
Mr Praful Shah is an quintessential old world father and son insurance agents of the type you find in Mumbai, serving fathers and sons and son’s sons with the confidence that they know what the client needs so well that the relationship grows from generation to generation. Because Mr Praful Shah’s father started in this profession, and his son is now successfully helping him.
