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Review of LIC Club Membership Benefits
LIC Club Membership Benefits 2015 include various benefits available to the Agents who are members of any of the Clubs of the LIC. We are giving the benefits those, which you will get by becoming a LIC Club Member. Various benefits available to the Club Member of the LIC are Fringe Benefits, Housing Loan Benefits etc,..Complete information about LIC Club Membership such as LIC Club Membership Benefits, Types of Club Membership and Rules to join as LIC Club Member are available below.
LIC Club Membership Types
There are 6 types of Insurance clubs are available in LIC. Various Clubs in Life insurance corporation of India are Branch Manager Club Membership, Distinguished Club Membership, Zonal Manager Club Membership, Divisional Manager Club Membership, Chairman Club Membership and Corporate Club Membership. Detailed information about various Club membership is given below.
Benefits of LIC Club Membership
An Agent can get various benefits under various Club’s of LIC. Detailed information about LIC Club Member ship Benefits as per new rules is given below.
Branch Managers Club:
Various LIC Club Membership Benefits available in Branch Manger Club are
- Office/Stationary Allowance up to Rs.1000 p.a.
- Sale Promotional Gift Items up to Rs.180
- Festival Advance up to Rs. 6,000
- 1st class Traveling Expenses., etc,..
Divisional Manager’s Club:
Various LIC Club Membership benefits available to the Agents by becoming a LIC Divisional Manager’s Club Member are
- Office/Stationary Allowance up to Rs.8500 p.a.
- Festival Advance up to Rs. 7,000
- Sale Promotional Gift Items up to Rs.500
- 1st class Traveling Expenses
- Interest free advance for purchase of Office equipment up to a specified budget, etc,..
Zonal Manager’s Club:
Various LIC Club Membership Benefits available to the agents by joining in Zonal Manager’s Club are
- Sale Promotional Gift Items up to Rs.840
- Office/Stationary Allowance up to Rs.17,000 p.a.
- Festival Advance up to Rs. 7,000
- Housing Loan at 5.25% up to Rs. 3.4 lacs
- Interest free vehicle advance to purchase Car/Scooter/Motor Cycle, etc,..
Chairman’s Club:
Various LIC Club Membership benefits available to the Agents by becoming a LIC Chairman’s Club Member are
- Festival Advance up to Rs. 11,500.
- Office/Stationary Allowance up to Rs.30,000 p.a.
- Sale Promotional Gift Items up to Rs.1,400.
- Housing Loan at 5.25% up to Rs. 3.75 lacs.
- Interest free advance to purchase computer.
- Rs.2,500 out of pocket expenses for annual conventions (outstation), etc,..
Fringe Benefits available under Lic Club Membership Benefits
Fringe Benefits are the main Benefits available to the club Members as LIC Club Membership Benefits. Given below are the Fringe Benefits available under LIC Club Membership Benefits.
S.No | Particulars | C.M | Z.M | D.M | B.M |
1 | Mode of Travelling (Training) | III Tire A/C | III Tire A/C | III Tire A/C | III Tire A/C |
2 | Office Allowance | Rs. 35,000 | Rs. 22,000 | Rs. 12,000 | Rs. 1,000 |
3 | Int. Free Vehicle Adv. | Car/upto Rs. 6,00,000/- Motor Cycle | Car/upto Rs. 5,00,000/- Motor Cycle | Motor Cycle | Motor Cycle |
4 | Telephone / Charges | Rs. 6,000/- | Rs. 4,000/- | Rs. 2,400/- | Rs. 1,800/- |
5 | Mode of Travelling (Convention) | Economy class Air Fair | I Class / II Tier A.C | I Class | I Class |
6 | Computer Advance | Yes | No | No | No |
7 | Out of Pocket Expenses (Convention) | Rs. 3000 | Rs. 1100 | Rs. 400 | Rs. 200 |
8 | Group Term Assurance (Up to 65 years) | Rs. 2,80,000 | Rs. 1,40,000 | Rs. 70,000 | Rs. 40,000 |
9 | Momento in Lieu of Group Insurance (above 65 years age) | Rs. 900 | Rs. 450 | Rs. 240 | Rs. 120 |
10 | Mediclaim | Rs. 1,25,000 | Rs. 75,000 | Rs. 55,000 | Rs. 40,000 |
11 | Yogakshema (House Magazine) | Yes | Yes | No | No |
12 | Computer Maintainance Allowance | Rs. 6000 | No | No | No |
13 | Additional office Allowance (For less lapsation) | Upto Rs. 10,500 | Upto Rs. 6,600 | Upto Rs. 3,600 | Upto Rs. 300 |
14 | Int. Free advance for purchase of office equipment | Yes | Yes | Yes | Yes |
15 | Festival Advance | 13,000 | 13,000 | 13,000 | 11,000 |
16 | Sales promotional gift items | 3,000 | 2,000 | 1,000 | 500 |
17 | Certificate | Yes | Yes | Yes | Yes |
18 | Badge (on entry only) | Red | Blue | Green | – |
19 | Letter Heads / Envelops (Number) | 1000 | 750 | 500 | 300 |
20 | Visiting Cards (Number) | 250 | 200 | 150 | 100 |
21 | Dairies and Calenders | 1 T.D., 1 PIC | 1 T.D., 1 PIC | 1 T.D., 1 PIC | 1 T.D. |
22 | Office Allowance to prospective club members | Yes | No | No | No |
23 | Daily Allowance (A/B/C City on Tour) | Rs. 800/ 700/600 | Rs. 700/ 600/500 | Rs. 500/ 375/300 | Rs. 375/ 275/225 |
24 | Graded Benefits for High performers | Yes | No | No | No |
Housing Loan To Agents
S.NO. | Rates of Interest | C.M. | Z.M. | D.M. |
1 | 5% | Rs. 8,50,000 | Rs. 7,45,000 | Rs. 6,45,000 |
2 | 9.5% | Rs. 9,50,000 | Rs. 8,55,000 | Rs. 7,55,000 |
LIC Club Membership Rules
Below table illustrates the rules to join as member in any of the club’s of the LIC.
Name of the club | C.M | Z.M | D.M | B.M |
Renewal Commission paid | 2,00,000 | 1,40,000 | 90,000 | 50,000 |
1st Year commission paid | 2,00,000 | 1,40,000 | 60,000 | 35,000 |
Net no of lives for 3 years | 130 | 100 | 80 | 50 |
Min.net no.of lives per year | 50 | 40 | 30 | 20 |
For more details about LIC Club Membership Benefits Please refer LIC Agent Portal.
latest club member ruies ,benefit
pl send latest club member rules in my e mailId
DMS club member for continue
PLEASE SENT ME LATEST DMS CLUB RULES AND BENEFITS 2016 BY S UMAR FAROO
K LIC AGENT, coimbatore division. sumarfarook59@gmail.com
DMS club member
very good idia
Good Morning ,
With due respect I would like to say that I join LIC recently in Roorkee as a agent. I want to zoom my career in LIC ,like by having Club Membership . So will you please tell me the process for it.
Thanks & Regards
Hemant Barthwal
PLAESE INFORM ME THE PRESENT CLUB MEMBERSHIP RULES OF LICI BY MY E-MAIL IMMEDIATELY.
I am L I C Agent . I divisional manager club member . our Agent code.. 05732944 . Please reply housing loan sistem . I reqwide house construction loan. Rs-5 Lacs.
MATTER OF LIC HOUSING LOAN FACILITY
HOW MUCH DAY LOAN PAYMENT SUBMIT WITH INTEREST?
WHAT IS THE DOCUMENT MUST IS ABOVE?
HOW MUCH DAY SANCTION IS ABOVE LOAN?
HOW MUCH MONEY GET THROUGH FROM LIC UNDER IN CASH /CHEQUE OR OTHER ?
I AM DIVISIONAL OF CLUB MEMBER’S HOWRAH DIVISION DOMJUR BRANCH
MY REQUIREMENT IS ONLY 6 LACS.
PLS CONFIRM WITH DETAILS
REGARDS
PLS. CONFIRM IMMEDIATELY AS HOUSING LOAN SYSTEM AS DETAILS
I am lic Agent. i Divisional Club Member . Our agent code no. 05732944 . I reqwide house construction loan Rs- 5Lacs. . please detail for this loan.
Kindly send me the latest circular to my email address.
I m lic agent my agency code no.0149437k
Z M club member benifits
latest club membership rule
sasti pada ghosh L.I.C.I Agent Bongaon branch K.S.DO Agent Cod NO =0114942B zonal manager club member Agent I want to housing lone please diteail
Plz 07016283 code number par member sip prapat karne hetu jankari de jis se mai pura kar saku
pleace give me letest DM club.member rules..
Dear Sir,
I am raju sitaram badekar.
L.I.C Agent kya mujhe Agent portal melsakta hai.
continue chair man club member
how many life necessary to continue
how much fp commission required for continue
plz. give answer on my mail id
brlicagent@gmail.com
sir iam zm club agent last 5 years agent code 00502 76D .2014_15year. 30lives and272000 commission .so iam continue zmclub or dm club?
I am lic Agent. i ZM’s Club Member agent code no. 05339671 . I have car loan . please detail for this loan.
for DM club member continuation- number of lives 21, if an agent have first year commission only rs 28500, and renewal commission of rs390000, whether he is eligible, they count renewal commission against short fall in F Y commission, what is the criteria, reply
How can I join to lic membership club pls send me details about my question at my gmail ID akkimalik1520@gmail.com
lic of india a good insurence company in india
m veerraju
lic agent ..kovvur,
I am a LIC Aggent, Now i have continueing third fincial year. I haven’t any club.please tell me what is the actual process to entry club membership.
Nilesh jagtap
I AM LIC AGENT. FOR CM CLUB MEMBER/MDRT AGENT . MAY AGENCY CODE NO. 01381-379 .. I AM REQWIDE HOME CONSTRUCTION LONE RS. 25 LACS. PLESASE DETAIL FOR LOAN AND PEPARS DETAIL MAY IMAIL ID IS -yusuf.lic@gmail.com and. mobail cont. 94252-59315, 94252- 6661 5
PLEASE SEND MDRT RULES
I am C M club member agency code 00433-439 please inform my eligibility of house building loan interest free & with interest immediately DEBASHIS PAUL.
Kindly provide me a various club membership criteria for the year of 2016-17.
I am C.M club member Paonta sahib I want to gust house for 14/07/2016
I am vijay Satpute I also completed 16 years LIC agancy in miraj branch can i apply housing loan
I am B.M. Culbmember.I want to loan to make house.My Code is 2419/53c
9413310135
I want to know that i am agent since 1973 vide agency code 59725411,last f.y.i take the exemption from MB quota only at present CMS club member. istheir any numberof life is compulsery for BONUS COMM. eligibility and also the renewal of appointment is compulsery for for examption for inforce agency
I AM NON CLUB MEMBER OF LIC AGENT BUT TWO YEARS BACK I WAS IN BMS CLUB MEMBER.HOW CANI I AGAIN TO BE ZM CLUB
I AM PINTU HALDER 1090341D SURSUNA BR.KMDO 2. LIC CLUB MEMBERSHIP BENEFIT VERY GOOD TO US (LIC AGENT)
Good morning ,with due respect I would like to say that I join LIC 2 years continue in rourkela as a Agent.I want to zoom my career inLIC,like by having club membership.so will you please tell me the process for it. Thanks & regards by Biranchi sahoo
I miss Saudamini Dei, D.M.s club members,under sambalpur Division,Odisha,panposh Branch , want to know how I can take the benefit of a Housing Loan and what to do for the purpose.Plz.advice me
I am LIC agent Z.M club member code no. 0031-3002. Sir, I want 9 lacs housing loan to construct my house. Does Lic gives.?
And sir, what is the interest
.
Sir, please give answer on my E-mail account
I qualified as BM club member. Now what process and how can I get benefits .
Cm club high er promonce benifit janavso
pl send me the printable form of cm club office allowance form
Nnot update LIC club rules please update
Latent club members benefit rec
I am a lic agent. I am D.M culb. I want to make our house. My code is 2419/53c.
Please know me in details. Vinod Paswan
Please tell me housing loan to DM club member
at-bank collony dunduria po+ps+dt-gumla jharkhand 835207
I’m agent of lic My code no.01358/48f I’m eligible to club member pls give me respond my email
Good job Lic me I like it
How can I service my policy holders in online to sit-up my mini private office
I am lic agent.
My code no is;01309759.please inform the present club membership.
sent my e-mail immediately.
please,provide l atest information about club membership
I WANT TO NEW PASSWARD FOR AGENT PORTAL..
I FORGATE OLD PASSWARD .
THANKS SIR FOR HELP
LIC AGENT
NARENDRA KUMAR SHARMA
AGENT COD – 1874199
CHITTOR GARH RAJ.