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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.
MAHADEB CHOWDHURY says
June 17, 2015 at 4:11 pmlatest club member ruies ,benefit
k .g pal says
July 17, 2015 at 3:45 pmpl send latest club member rules in my e mailId
parimal sarkar says
July 20, 2015 at 6:30 amDMS club member for continue
S UMAR FAROOK says
July 30, 2016 at 4:29 pmPLEASE SENT ME LATEST DMS CLUB RULES AND BENEFITS 2016 BY S UMAR FAROO
K LIC AGENT, coimbatore division. sumarfarook59@gmail.com
parimal sarkar says
July 20, 2015 at 6:32 amDMS club member
sekhar mukherjee says
August 7, 2015 at 5:24 amvery good idia
HEMANT BARTHWAL says
August 15, 2015 at 2:33 amGood 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
DIPANKAR DUTTA says
September 1, 2015 at 5:50 pmPLAESE INFORM ME THE PRESENT CLUB MEMBERSHIP RULES OF LICI BY MY E-MAIL IMMEDIATELY.
sou pradhyna ramprasad kulkarni says
September 11, 2015 at 7:49 amI 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.
SANTANU NEOGI says
January 29, 2016 at 10:29 amMATTER 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
SANTANU NEOGI says
January 30, 2016 at 6:12 amPLS. CONFIRM IMMEDIATELY AS HOUSING LOAN SYSTEM AS DETAILS
sou pradhyna ramprasad kulkarni says
September 11, 2015 at 8:02 amI am lic Agent. i Divisional Club Member . Our agent code no. 05732944 . I reqwide house construction loan Rs- 5Lacs. . please detail for this loan.
LIAQUAT ALI says
September 16, 2015 at 4:35 pmKindly send me the latest circular to my email address.
Narendra kumar rathour says
September 18, 2015 at 3:17 amI m lic agent my agency code no.0149437k
mukesh kumar joshi says
September 20, 2015 at 2:54 pmZ M club member benifits
PRABIN KUMAR BHERA says
September 23, 2015 at 2:59 pmlatest club membership rule
sasti pada ghosh says
October 8, 2015 at 8:25 amsasti 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
swadeshmishra says
November 8, 2015 at 4:59 pmPlz 07016283 code number par member sip prapat karne hetu jankari de jis se mai pura kar saku
vijay kanungo says
November 19, 2015 at 12:57 pmpleace give me letest DM club.member rules..
raju sitaram badekar says
December 12, 2015 at 10:38 amDear Sir,
I am raju sitaram badekar.
L.I.C Agent kya mujhe Agent portal melsakta hai.
bharat r patel says
January 9, 2016 at 2:31 amcontinue 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
m.palanisamy says
February 6, 2016 at 10:19 amsir iam zm club agent last 5 years agent code 00502 76D .2014_15year. 30lives and272000 commission .so iam continue zmclub or dm club?
k.siva parvathi says
February 7, 2016 at 8:51 amI am lic Agent. i ZM’s Club Member agent code no. 05339671 . I have car loan . please detail for this loan.
harsh says
March 4, 2016 at 2:20 amfor 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
akki says
March 6, 2016 at 3:54 pmHow can I join to lic membership club pls send me details about my question at my gmail ID akkimalik1520@gmail.com
veerraju muppidi says
March 14, 2016 at 9:46 amlic of india a good insurence company in india
m veerraju
lic agent ..kovvur,
BIJAYA KUMAR SENAPATI says
April 2, 2016 at 4:29 pmI 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 says
April 17, 2016 at 3:47 pmNilesh jagtap
mohd. yusuf says
April 23, 2016 at 4:02 pmI 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
BAMUDI SRIDEVI says
June 15, 2016 at 2:32 pmPLEASE SEND MDRT RULES
DEBASHIS PAUL says
June 25, 2016 at 4:39 amI am C M club member agency code 00433-439 please inform my eligibility of house building loan interest free & with interest immediately DEBASHIS PAUL.
Chandrika Patel says
June 30, 2016 at 6:04 amKindly provide me a various club membership criteria for the year of 2016-17.
kuldeep kumar gupta says
July 13, 2016 at 3:06 amI am C.M club member Paonta sahib I want to gust house for 14/07/2016
vijay v. Satpute says
July 13, 2016 at 1:43 pmI am vijay Satpute I also completed 16 years LIC agancy in miraj branch can i apply housing loan
Vinod Paswan says
July 16, 2016 at 1:19 pmI am B.M. Culbmember.I want to loan to make house.My Code is 2419/53c
mukesh baghela says
August 1, 2016 at 8:08 am9413310135
Chandra Orakash Goenka says
August 3, 2016 at 3:18 pmI 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
SAMBHU NATH SI,BARIPADA BRANCH,CUTTACK DO. says
August 8, 2016 at 12:57 pmI 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
PINTU HALDER says
August 18, 2016 at 12:50 pmI AM PINTU HALDER 1090341D SURSUNA BR.KMDO 2. LIC CLUB MEMBERSHIP BENEFIT VERY GOOD TO US (LIC AGENT)
Biranchi sahoo says
September 18, 2016 at 8:56 pmGood 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
Saudamini Dei says
September 24, 2016 at 12:21 pmI 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
SUNIL SHROTI says
September 28, 2016 at 4:14 amI 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
Kishor kasundra says
October 12, 2016 at 5:52 pmI qualified as BM club member. Now what process and how can I get benefits .
Sonal hemesh rathod says
October 21, 2016 at 11:32 amCm club high er promonce benifit janavso
AJIT KUMAR says
October 30, 2016 at 9:46 ampl send me the printable form of cm club office allowance form
PEDDA Ismail says
November 15, 2016 at 8:18 amNnot update LIC club rules please update
Kolage Ramesh says
December 14, 2016 at 5:03 amLatent club members benefit rec
Vinod paswan says
January 12, 2017 at 9:52 amI 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
Mirza Aslam says
January 15, 2017 at 6:07 pmPlease tell me housing loan to DM club member
surendar kumar says
January 21, 2017 at 10:54 amat-bank collony dunduria po+ps+dt-gumla jharkhand 835207
sudutta chakma says
February 7, 2017 at 7:55 amI’m agent of lic My code no.01358/48f I’m eligible to club member pls give me respond my email
Balwant singh says
May 9, 2017 at 7:14 amGood job Lic me I like it
Raju baral says
June 16, 2017 at 9:53 amHow can I service my policy holders in online to sit-up my mini private office
K.SUNDAR says
August 7, 2017 at 4:08 pmI am lic agent.
My code no is;01309759.please inform the present club membership.
sent my e-mail immediately.
Mahavir Prasad Agrawat says
September 7, 2017 at 11:31 amplease,provide l atest information about club membership
NARENDRA KUMAR SHARMA says
December 14, 2017 at 11:43 amI 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.