Around 1.2 million agents across the country are working for LIC
More than one and a half lakh LIC agents of Haryana are on a day-long strike at the call of the Life Insurance Agents Federation of India. The agents staged protests by shutting down operations in their respective branches and accused the government of exploiting them. He says that the government is working to cause financial loss to agents by selling policies online. The commission is being reduced day by day.
The government is not ready to give graduation. On Tuesday, around 10 thousand agents working in 5 branches of Faridabad, Neelam Bata Road, Sector 31 Shopping Center, Sector 16 Old Faridabad, Sector 12 Huda Complex and State Bank Complex Ballabgarh, shouted slogans in protest. Association general secretaries Omveer Singh and Pawan Panchal said that there are around 80 to one lakh policy holders in Faridabad alone.
Now LIC management is collecting data of policy holders from all agents and is selling new policies online to them. Agent bonuses are being reduced year after year. Graduation is not being given. The government is trying to promote privatization by selling LIC. The association demands that the online policy be discontinued. The agent gets bonuses according to inflation.
Graduate and group term insurance policies should be arranged and privatization should be discontinued. There are about 1.2 million agents working across the country. If the government encouraged selling policies online, then the families of 1.2 million agents would go to the brink of starvation. The protests included Pradhan Suresh Adalkha, Gulshan Arora, Gajendra Singh, Mukesh Singh etc.