The life Insurance Agents’ Federation of India (lIAFI) has appealed to the Centre not to withdraw the renewal commission and hereditary commission given to the life Insurance Corporation agents. lIAFI Jharsuguda Branch president Tapan Kumar Mishra and general secretary Arun Tiwary told mediapersons that the lIC agents are on continuous agitation programmes in all the three divisions in Odisha in support of their demands.
“We organised a dharna wearing black badges in front of branch office on January 20 and 21. On January 31, we had cooked and dined in front of our branch,” said Mishra. The agitation programmes would continue till March 31. The lIAFI’s other demands include increasing bonus for lIC policy holders, removing service tax on policies, waiving Income Tax on maturity amount of the policy from October 1, 2014, increasing group insurance to Rs10 lakh, payment of gratuity of Rs5 lakh to agents, creation of a welfare fund for agents, incentive to direct and professional agents, CC camera in all offices including branches, restart of dialogue with the lIAFI at all levels in shape of ICC meeting.