LIFE INSURANCE CORPORATON OF INDIA : Recruitment of LIC’s BIMA SAKHI
- Eligibility : LIC’s Bima Sakhi (MCA Scheme) is a Stipendiary Scheme, exclusively for Women , with a stipendiary period of 3 years
- The appointment of a person under the MCA scheme will not be treated as a salaried appointment as an employee of the Corporation.
- Minimum completed age should be 18 years as on date of application. Maximum age at entry will be 70 years ( last birthday)
- Minimum qualification – pass in 10th standard.
- Performance Norms to be fulfilled during each Stipendiary Year by MCA :
- First Year Commission (excluding Bonus Commission) Rs.48,000/-
- The Stipend payable :
- First Year – Rs.7,000/-
- Second Year – Rs.6,000/- (subject to at least 65% of Policies completed in the First stipendiary year are in-force as at the end of the corresponding month of the second stipendiary year)
- Third Year : Rs.5,000/- (subject to at least 65% of Policies completed in the Second stipendiary year are in-force as at the end of the corresponding month of the third stipendiary year )
- Relatives of existing Agent or Employee shall not be eligible to be recruited as MCAs.
- Relatives shall include the following family members – Spouse, Children including adopted and step children (whether dependent or not), Parents, Brothers, Sisters and immediate In-laws.
- A Retired employee of the Corporation or an Ex-agent seeking reappointment shall not be granted agency under MCA scheme.
- Existing agent can not apply for recruitment as MCA.
- The latest passport size photograph should be uploaded alongwith the Application form.
- The following documents should be attached to the application form:-
- Self-attested copy of Age proof
- Self-attested copy of Address proof
- Self-attested copy of certificate of Educational Qualification
- The application is liable to be rejected if the information furnished is incomplete
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