Logic of hefty commission on Jeevan Akshay pension-plan of LIC of India
Presently public-sector Life Insurance Corporation of India – LIC is paying a hefty commission of two-percent to its agents on its popular pension-plan Jeevan Akshay where one-time heavy premium is payable to get life-time pension on a fixed rate which does not vary with regularly fluctuating rates of bank-interest. There are lucrative incentives of various types over and above two-percent commission. Knowledgeable takers of this plan easily bargain for pay-back of upto 2.5 percent from the agents. Persons without knowledge about such hefty pay-back are deprived of such extra benefit when they directly approach LIC-branches where usually every staff-member has some indirect agency to grab hefty commission.
LIC-agents deliberately avoid giving knowledge about wonderful pension-plan Pradh...









