LIC ADO 2019 Preparation and Discussion – Main Result Announced

Has anyone from North Zone, Udaipur division(Rajasthan) got the interview call letter ?

anyone from indore division???

i have not received call letter yet.

Eastern zone, Howrah division, received my call letter.

I didnt print my application form , is there any option we can avail it?

#North central zone

Anyone from WR got interview call letter??

I got call letter today by mail........ north zone jaipur division..... 

People who belongs to SOUTH ZONE Anybody got any mail from LIC ??

do we have to bring migration certificate in the interview?

Any one Mumbai division got call letter for interview

any1 frm north zone(delhi) got call letter for interview. 

hey guys..anybody from mumbai..got interview call letter yet?

plz let me know

lic ki preparation k liye koi advice do bhai logo

Is there anyone who got the interview call letter from delhi division?

If u have any information regardng interview dates plz share

From SCZ  ,did anyone get interview call letter?

How  to find out interview schedule?

Anyone from mumbai division? Drop your number... we will make whtsapp group

I got selected in the written exam for LIC ADO.   The problem wid me is dat although i belongs to bihar i choosed SHAMBALPUR divison,ORISSA in the EAST CENTRAL ZONE whose head office is in PATNA in confusion.

Whether after qualifying my interview i'll b placed in my nearby DO or these things will negatively affect my interview as someone told me that they give preferance to local candidate.

                                WAITING FOR  REPLY!

interview

26 ko pada h kanpur zone me.....any other who belong to kanpur region ...got hard copy at home address

interview preparation.....

What do you know about Life Insurance?


ans-

Life insurance is a contract between the policy owner and the insurer, where the insurer agrees to reimburse the occurrence of the insured individual's death or other event such as terminal illness or critical illness. The insured agrees to pay the cost in terms of insurance premium for the service. 

The contract is valid for payment of the insured amount during:

i. The date of maturity, or

ii. Specified dates at periodic intervals, or

iii. Unfortunate death, if it occurs earlier.

ULIP product of lic


ans-

Unit linked insurance policies again belong to the insurance-cum-investment category where one gets to enjoy the benefits of both insurance and investment. 

ii. While a part of the monthly premium pay-out goes towards the insurance cover, the remaining money is invested in various types of funds that invest in debt and equity instruments.

iii. ULIP plans are more or less similar in comparison to mutual funds except for the difference that ULIPs offer the additional benefit of insurance.

What are the Objectives of LIC ?

ans-

i. Spread and provide life insurance to the masses at a reasonable cost.

ii. Maximize mobilization of people's savings by making insurance-linked savings adequately attractive.

iii. Meet the various life insurance needs of the community that would arise in the changing social and economic environment.

iv. Act as trustees of the insured public in their individual and collective capacities.

v. Conduct business with utmost economy and with the full realization that the moneys belong to the policyholders.