To Join Agency Career in LIC of India Kanpur, Give a Missed Call on : +91 941 505 1869, +91 919 845 4613.

What is MDRT

MDRT agent is one who procures insurance business of amount equal to one million dollar in any calendar year that is from 1st Jan to 31st Dec. For every insurance policy sold by agent, agent will earn each time the policyholder pays premium on that policy. It is club well known in LIC, in every branch there 4-5 agents who are MDRT agents. They are considered as the most productive agents in LIC. Like in every office the staff who perform better than his counterpart get more in terms of Income and respect, same happens in LIC. Since there are 4-5 MDRT agents in every branch so they are favorite agents of their development officers, branch managers and to the managers sitting at higher level.

Example: If agent sell an endowment policy of 20 years premium term, agent will earn commission for 20 years on that policy.

Commission Earning Table

  1st year 2nd year 3rd year 4th year 5th year
No. of policy 140 150 175 200 250
Annual premium 35,00,000 37,50,000 43,75,000 50,00,000 62,50,000
1st year 35 % 12,25,000 13,12,500 15,31,250 17,50,000 21,87,500
2nd year 7.5 % -- 2,62,500 2,81,250 3,28,125 3,75,000
3rd year 7.5 % -- -- 2,62,500 2,81,250 3,28,125
4th year 5 % -- -- -- 1,75,000 1,87,500
5th year 5% -- -- -- -- 1,75,000
TOTAL 12,25,000 15,75,000 20,75,000 25,34,375 32,53,125
Monthly Income 1,02,083 1,31,250 1,72,917 2,11,198 2,71,094
To Join Agency Career in LIC of India Kanpur, Give a Missed Call on : +91 941 505 1869, +91 919 845 4613.

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Contact Us

Address:LIC of India,
 C.B.O.-2 First Floor,
  16/112 Bhargava Estate,
  The Mall, Kanpur- 208001
Mobile: +91-9415051869
  +91-9198454613
E-mail: licmanish@gmail.com