[Resolved]  Direct Sales Executive - LIC of India — Blunder with India's youth future

Address:New Delhi, Delhi

LIC of India has opened a new marketing channel known as DIRECT MARKETING
FOR THIS CHANNEL THEY HAVE HIRED DIRECT SALES EXECUTIVE(DSE).
I am one of the Sales Executive selected , selected in mid of june 2010
This is to inform everyone that:
1 This is not at all properly defined channel
2 Lic is very unprofessional & careless in intimating the job profile & structure of DSE in the recruitment details issued on their website (like Rs.25000/-salary depend on business assessment qtrly, contractual employee etc)
3 After 3 month of working I came to know that they are not showing us even a contractual employees in records .They were deducting TDS on total salay & incentive & when i ask the authority about why they are deducting TDS as my salary don't come under taxable income.They did not answer properly & when i keep on asking for 3 months they told me one day that Lic is not showing us employee & total salary you get is basically commission from sale of policies

4 Appointment letter was given after 75 days of joining & that was too not on the LIC letter head ,letter was singed by the SDM but his name was not mentioned on it ,even their was no seal on it . Most importantly their was no pay structure mentioned in the Appointment letter .When I was receiving the Appointment letter I was not allowed to put the date of recieving on the other copy.

5 LIC do not provide us with salary & incentive certificate.Every time their is confusion that -why they have deducted some amount? , or why they have given extra to other inspite of doing the same business?. A proper salary or incentive certificate should be issued about what they are giving for each business we do in the particular month & what the total amt we are getting in the month. so that we show our average salary if we want to apply in other company.

6 Higher authority is very much confused regarding all these problems when i ask them

so pls be ware of LIC DSE job

These are the e-mail ids of LIC officials:
[protected]@licindia.com
[protected]@licindia.com
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Aug 13, 2020
Complaint marked as Resolved 
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LIC — delaying incentive

my no[protected]polcy branch at devakonda-nalgonda(dist) AP.all our relative done policy at same time they all get the incentive cheques but we even not got we asked the agent on he told that week you will get your not yet prepared.
sir,

I have forget my lic login username and password, i want to know my policy status,
pls help

Thank u,

jyoti pandya
yes its true
yes, I agree that Lic is fooling Indian youth in the name of job, the only intention behind the creation of Dse post is to loot the commission of Dse policies renewal, because Dse's don't get renewal payements or commission. Lic is hiring more and more Dse only because they are unable to help youth find their future in such unwanted and cheating conditions and the main motive is to earn renewal money because Lic Direct Marketing creates such conditions as stopping of wage or unneccesary delay so that Dse has no other option than to quit, Lic also don't give any proper attention towards the providing of data or leads so that Dse can earn atleast minimum graduate wage considered by govt. of India. Most of the policies done by Dse are their self bringed, Lic has never clear the basic difference between agents and Direct sales executives, as till date no clearity is about contract or hiring. The saddest part is this that Dse don't even get what they have been promised or minimum graduate wage. The contract is never obeyed by Lic Direct Marketing in the case of Direct Sales executive. I hope that Irda and other concerned authorities should take care of this irregularities in the case of Direct Sales executive and Senior marketing executive, Lic is cheating and making money in the name of job.
Is there any difference in service tax and premiums while buying insurance from DSE and insurance agents of LIC?

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