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How can I port my LIC agent?
‘Allottee Agent’ for the purpose of Agent Portability rules is an individual agent who has completed at least 3 years of continuous tenure as an agent LIC, having at least 75 policies in force under his agency as at end of last agency year and overall lapse ratio less than 10\% each year, during last 3 preceding agency …
Can I change the registered agent of my LIC?
No, you cannot change your LIC agent. Basically, LIC agent is a salesman who just acts as an intermediate between the customer and LIC of India.
Can I transfer LIC policy to another branch?
How to change the branch of LIC policy. To change a LIC BRANCH for your LIC POLICY is very easy. Simply write the mail or give a written request to your home LIC BRANCH mentioning the name of the new LIC BRANCH and your LIC POLICY will be shifted from your old LIC BRANCH to new LIC BRANCH which you demanded.
How can I transfer my LIC policy to another company?
There is no need and no provision to change your LIC agent, as there is no contract between you and an LIC agent. As far as a policyholder is concerned, the contract is with insurance company. The agent is just a facilitator.
How do I change insurance agents?
If you are not happy with the services of your insurance agent, you can change your health insurance agent at the time of renewal. All that is to be done is to inform your insurer about the new agent via a written letter along with your renewal cheque at the time of renewing your policy.
How can I change address in LIC policy?
Visit the home branch of your LIC policy. Submit a request to change your address in writing and with the reason for the change of address. Submit a copy of the new address proof along with your policy details. The officer in charge of the application will verify the new address and accept your application.
Currently, it is NOT possible to change your policy premium payment mode ONLINE. You shall either post the letter along with your identity proof, addressing to the Branch manager or you shall submit these documents to the LIC Branch office in person.
How to transfer LIC policy from one branch to another?
LIC Policy Branch Transfer Letter Format If you have a LIC policy in a particular branch and you wish to have it transferred to some other branch then in that case you have to write a formal LIC policy transfer application which can be drafted using LIC policy transfer letter format.
How to change LIC Policy Branch in India?
By Visiting Current Branch: You can go directly go to the nearest LIC branch with the application and photocopy of the LIC policy. This is a new facility by LIC India. 2. By Email: You can also send a mail to the branch manager of old branch regarding the change of branch for your policy.
How to transfer LIC policy from Jaipur to Delhi?
Download and use LIC policy branch letter format in PDF format. I, Rakesh Sharma, am writing this letter to request you to please transfer my LIC policy (Policy No: 12345678) from your LIC branch office in Jaipur to the one in Karol Bagh, New Delhi.
How can I do business as a visiting agent in LIC?
1- You can do business as visiting agent in any LIC Branch. 2- Transfer your LIC Agency to any other LIC Branch outside current city or town and take transfer back next year. This year you can do business as visiting agent in any branch. By this way, you’ll get credit but your DO will not get credit.