Commission After Transfer of Life Insurance Policy


This query is : Resolved 

11 April 2011 If I transfer my Life Insurance Policy from one city to another , would commission on the Premium Paid on the Policy (after it has been transferred) , continue to be received by the original agent from whom I got the Policy issued or would it be received by the new agent under whom the Policy is put after the city transfer ?

12 April 2011 LIC recognises the initial Agent who got the proposal accepted into a Policy and none other !


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