LIC hikes gratuity to Rs 3 lakh to retain its agents
Monday, February 6, 2017, 5:24 PM
In order to encourage agents to do more business, Life Insurance Corporation has hiked gratuity for it’s over a million agents to Rs 3 lakh. The Corporation makes as much as 94% of its premium income, through its over 1.1 million agents. So far, the corporation has added 45,000 agents on a net basis this year.