The country’s largest life insurance company, Life Insurance Corporation of India (LIC), has taken a unique step towards making its agents self-reliant. Under this, you can take LIC policy without even meeting the LIC agent. This has been done in order to avoid meeting people during the disease like a corona.
Self Dependent Agents New Business Digital Application
This is the first such unique scheme in the insurance sector. LIC has launched it under the name Self Dependent Agents New Business Digital Application (ANANDA). It was launched via video conference by LIC Chairman MR Kumar along with senior officials.
Paperless Life Insurance Policies
This digital application is a means through which paperless life insurance policies can be availed. The agent will help you with this. This is based on paperless KYC which is completed with Aadhaar (ADHAR) based authentication. LIC is a pioneer in digital technology. It operates through its in-house IT system. Through this, the current challenges facing the marketing force of LIC have been resolved.
Customers can Avail this Policy from Home Itself
Social distancing has now become a new normal, so keeping in mind the convenience of customers, they can take this facility for a new life insurance policy. The customers can take this facility from anywhere bit it home or office. This is an opportunity for a new level in the purchase of a life insurance policy.
E-Training Videos for Agents
LIC has also started e-training videos for their agents. This video gives a complete introduction to the life insurance policy. The first paperless digital application was launched by the LIC chairman through this new tool.
LIC has 32 Crore Policies
Chairman MR Kumar said that this new instrument is a better tool for marketing and other intermediaries which will help in selling LIC policy paperless. Let us inform you that LIC has 32 crore policies. The assets are also close to Rs 32 lakh crore. It currently has close to 1.3 million agents and the company is planning an IPO.