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LIFE INSURANCE CORPORATION OF INDIA MARKETING DEPARTMENT, CENTRAL OFFICE, YOGAKSHEMA', JEEVAN LIMA MARY, MUMBAI 400021. Ref: MKT/DO/27(2010) Re: Promotion of Development Officers to the cadre of ABM(S)
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ABM stands for Annual Business Meeting. It is a sales reporting requirement for Life Insurance Corporation (LIC) agents.
All licensed agents of LIC are required to file ABM sales.
Agents can fill out ABM sales by logging into the LIC portal, entering the relevant sales data, and submitting the form online.
The purpose of ABM sales in LIC is to track and report the sales performance of agents for a given year.
ABM sales in LIC require reporting of the total premium collected, policy count, and policy types for each agent.
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