The finance ministry has announced measures that will benefit LIC employees and agents. They include an increase in the gratuity limit from Rs 3 lakh to Rs 5 lakh for agents, eligibility for renewal commission for reappointed agents, an expanded term insurance cover, and a uniform rate of 30% for family pension for retired employees' spouses.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KO4Z0Xb
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