Life Insurance Corporation, LIC is
looking forward to recruit 2-lakh
agents in this financial year, at
present the company has 13.5-lakh
"We plan to recruit 2-lakh agents-plus
in this financial year. So far, we
have recruited close to 80,000 agents
in this fiscal," Life Insurance
Corporation of India's Chairman, T
S Vijayan, said.
"We are expecting a growth of
19 per cent in our fresh premium collection
by the end of this year," Vijayan
The company is also targeting a growth
of 19 per cent in fresh premium collection
in FY 10. In the last fiscal, LIC
has collected a premium of Rs 1,57,000-crore.
LIC expects a new premium mix of 50:50
between ULIPs and traditional products.