RELIANCE LIFE INSURANCE LAUNCHES CAREER AGENCY DISTRIBUTION MODEL WITH FIXED STIPEND

Reliance Life Insurance Company (RLIC), part of Reliance Capital Limited, announced the launch of Career Agency, a new distribution channel aimed at enhancing the company’s reach and footprints across the country. The new sales format offers a fixed stipend structure to prospective advisors, looking at insurance as a long-term professional career, during the training period.

This is a first-of-its-kind distribution channel based on stipend and variable commission pay-out structure by any private insurer in the domestic insurance Industry. Read more