Centre Announces Welfare Measures For LIC Agents, Employees

Tuesday, 19 September 2023Newsdesk

The term insurance cover for the agents has been expanded from the existing range of ₹ 3,000-10,000 rupees to ₹ 25,000-150,000.

New Delhi 19 September 2023

As per news report of NDTV,The Ministry of Finance on Monday approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees according to a release from the Ministry. The ministry decided to enhance the gratuity limit from ₹ 3 lakh to ₹ 5 lakh for LIC agents, aiming to bring substantial improvements to the working conditions and benefits of those individuals.

Source - NDTV