Financial Planning is process of framing objectives, policies, procedures, programmes and budgets regarding the financial activities of a concern. This ensures effective and adequate financial and investment policies. The importance can be outlined as-

1. Adequate funds have to be ensured.

2. Financial Planning helps in ensuring a reasonable balance between outflow and inflow of funds so that stability is maintained.

3. Financial Planning ensures that the suppliers of funds are easily investing in companies which exercise financial planning.

4. Financial Planning helps in making growth and expansion programmes which helps in long-run survival of the company.

5. Financial Planning reduces uncertainties with regards to changing market trends which can be faced easily through enough funds.

6. Financial Planning helps in reducing the uncertainties which can be a hindrance to growth of the company. This helps in ensuring stability an d profitability in concern.

Life insurance agency is a unique career if you want to be LIC agent – it is monetarily rewarding and soul satisfying too.The commodity that a life insurance agent sells is unique- you sell and service financial security and hence the pattern of remuneration for the same is also unique. Life insurance profession is the “best paid hard work”. The harder you work the more commission you get. The Profession of LIC Agent is called LIC Agency and LIC Agent Recruitment is done with the guidelines of IRDA.

Its A Part Time Profession/JOB

Commission Based Profession (not salary )

Without Leaving Present JOB/BUSINESS

What Is Life Insurance? Life insurance is a contract between you and an insurance company. Essentially, in exchange for your premium payments, the insurance company will pay a lump sum known as a death benefit to your beneficiaries after your death. Your beneficiaries can use the money for whatever purpose they choose

A health insurance policy serves as a financial cover for unforeseen medical expenses. With a health insurance policy, you and your insurance provider have an agreement that in the case of a medical emergency, the policyholder will be covered finanA health insurance policy serves as a financial cover for unforeseen medical expenses. With a health insurance policy, you and your insurance provider have an agreement that in the case of a medical emergency, the policyholder will be covered financially by the insurer. As with any kind of insurance, health insurance is an investment made over time with the goal of continuing your coverage in order to protect your hard-earned savings.

Insurance providers are mindful that there is no one size fits all, which is why there is not just one type of health insurance out there for every individual. There are actually several different kinds of health insurance plans in India to fit individual needs.

Authorized Employees/Senior Business Associates/LIC Associates will be issued a login-id and password on LIC portal through which collections can be done. Maximum collection can be done up to a certain pre-decided limit after which the amount collected is to be invariably deposited in the Axis bank(cash only) or the selected LIC Branch or cash invoice may be deposited online on LIC portal using Net Banking Account.

Life Insurance Corporation (LIC) has decided to allow its Development Officer (selected) to collect renewal premium from the policyholders or Agents. The corporation also decided to allow senior agents to recruit and train new agents.