life insurance policy by the insured to the
general agent of the life insurance Corporation of India
[for short `LIC ... insurance agent acting on behalf of the insurers or to an
insurance agent acting on behalf of the insurers and if the
agent has authority
Each of these Petitioners was an agent with the Life Insurance
Corporation of India (LIC), the Respondent herein. By separate orders
dated 24th ... agent, upon receiving a premium cheque from the insured towards
payment of the insurance premium, was not acting as the agent of the LIC
agents who have served the said
insurer continually and exclusively for at least ten years and after
ceasing to act as such agents. The embargo ... insurance
agent who had served the insurer exclusively for at least ten years
would be under a disability as against an insurance agent
that Pawan
Kumar Rajak (Assistant LIC) entered into criminal conspiracy
with Aftab Alam (LIC Agent) and other accused named ... premium of LIC policies. It was stated that her
brother was also working with LIC, as agent
that Pawan
Kumar Rajak (Assistant LIC) entered into criminal conspiracy
with Aftab Alam (LIC Agent) and other accused named ... premium of LIC policies. It was stated that her
brother was also working with LIC, as agent
driver of the truck, namely, Satyendra Singh. The
deceased was LIC Agent and was 50 years old on the date and time ... award on the
ground that the deceased was a LIC agent and after his death the renewal
commission has been receiving
agents of the
respondent no. 3 - Life Insurance Corporation of India which has its
genesis in the Life Insurance Corporation Act, 1956 (' LIC ... submit that
the agents are appointed strictly in accordance with the Life Insurance
Corporation of India (Agents) Regulations, 2017 ('Agents Regulations
because of increased competition among agents to get business.
A common practice is seen that the Life Insurance agents approach the customers and sell them ... from forfeited commissions of terminated life insurance agents is what some ten lakh agents of the Life Insurance Corporation of India are trying to secure
that the said cheque was given by him to a LIC agent. He further
stated that he does not know the complainant ... complainant
must have taken the cheque from the LIC agent.
5. Thereafter, the complainant examined himself as CW1,
wherein he adopted
house is at Panniyannoor and he is an LIC agent. They have two children, aged 5 and 3. She also deposed that ... from the LIC for construction of house and wanted to meet the deceased who is an LIC agent for that purpose
