LIC ADO Mains case studies
LIC ADO Mains · Put your knowledge to work in context.
LIC ADO Mains is the second stage of Life Insurance Corporation of India's recruitment for Apprentice Development Officers - a frontline role focused on building and supporting the agency network, selling life insurance and meeting business targets. The paper is a computer-based objective test with separately timed sections and negative marking, covering Reasoning Ability, Quantitative Aptitude, General Knowledge including current affairs, Insurance and Financial Marketing Awareness, and English Language. The LIC ADO Mains case studies are 5 cases and about 3,037 words.
1Seven Desks, One Claim of Uniqueness
A zonal office is seating seven LIC ADO trainees - A, B, C, D, E, F and G - at desks numbered 1 to 7 in a single row from left to right for a one-week induction. The seating must satisfy five conditions: A sits at one of the two end desks; B sits immediately to the right of F; C sits exactly three desks to the left of G; E sits at desk 4; and D does not sit adjacent to A.
691 words, about 3 min2Quarterly Premium Target After Thirty Days
A semi-urban LIC branch has a quarterly first-year premium target of ₹96,00,000 and 12 advisors working 25 days a month. In the first 30 days the branch writes 96 policies: 40 endowment policies with an average first-year premium of ₹50,000 and 25% commission; 36 money-back policies at ₹30,000 average premium and 20% commission; and 20 term policies at ₹12,000 average premium and 10% commission.
616 words, about 3 min3Fact-Checking an Insurance Awareness Quiz
A district insurance awareness camp is being organised with support from the local LIC branch. The coordinator has drafted a one-page fact sheet for school teachers and has listed five statements for the quiz: (i) IRDAI was constituted under the Insurance Regulatory and Development Authority Act, 1999; (ii) IRDAI's headquarters is in Mumbai; (iii) insurance penetration is total insurance premium expressed as a percentage of GDP; (iv) LIC was formed in 1956 by bringing together private life insurers; and (v) the Pradhan Mantri Jeevan Jyoti Bima Yojana is open to entrants aged 18 to 50 and offers a life cover of ₹2 lakh.
576 words, about 3 min4Ninety-Day Rural Campaign with a Fixed Budget
A semi-urban LIC branch has 8 advisors, a 90-day campaign budget of ₹1,50,000 and a target of 150 new policies. The catchment is mostly small farmers and shopkeepers with irregular monthly incomes.
616 words, about 3 min5Correcting a Lapsed-Policy Email
The manager of an LIC branch has drafted an email to policyholders whose policies have lapsed. The draft reads: 'Dear Customer, We are pleased to inform you that your policy no.
538 words, about 3 min