LIC Agents Club.... Lapsation more than15 % for any F Y

Lapsation more than15 %
for any F Y💐💐💐💐

   *Agents who are Aspiring for
Club Membership
The year will not be
considered for reckoning the
eligibility even if the agent
has fulfilled other conditions
There will be no disincentive.
However the Agent will be kept
under watch & no fresh
advance for Fast conveyance
or Housing loan shall be
granted to Agent till such time
the Lapse ratio remains more than 15%

    Lapsation More than15 % for two consecutive years
  *Agents who are Aspiring for
Club Membership
The agent shall have to start
afresh. No credit will be given
for the years during which
he/she would have already
qualified.
  Existing Club Member Agents
Neither be eligible for attending
convention nor the office
allowance (Stationery
Allowance in case of BM’s
Club Member Agent) for that
particular M.Y.

More than 15% for Three
consecutive years
   
Agents who are Aspiring for
Club Membership
   No Club given

Existing Club Member Agents
The Agent will lose the
membership of the club