LIC employees, agents to benefit from finance ministry's steps
Tuesday, 19 September 2023
The finance ministry has announced measures that will benefit LIC employees and agents. They include an increase in the gratuity limit from Rs 3 lakh to Rs 5 lakh for agents, eligibility for renewal commission for reappointed agents, an expanded term insurance cover, and a uniform rate of 30% for family pension for retired employees' spouses.
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