Transfer Process from Private Companies To LIC
First of All Advisor of Private Insurers has to go to their own company branch office and handover resignation letter along with licence copy, ID card and etc to Branch Manager and Ask for NOC (Cessation Certificate Annexure1-C) on their letter head. Within 15 days you will receive Cessation certificate from company.
Later on you have fill LIC Agency form along with kyc and photo and cessation certificate given by private insurers. LIC will give lic Agency after 90 days from Date of Cessation Certificate.
