KIOCL

Difference Between LIC AAO and LIC ADO

LIC AAO

  • To manage and file claims and settlements
  • To devise new schemes for the company
  • To interact with the clients
  • To inspect existing policies for any error/misleading term
  • To coordinate with other departments for issues related to claims, settlements etc.

LIC ADO

  • To recruit agents to sell LIC policies
  • To provide training to the agents
  • To keep track of the performance of the agents assigned to him
  • To motivate agents to get maximum sales

An AAO is generally involved with administrative work in various departments like New Business, Claims, Account and Policy Service etc. On the contrary, ADO is involved in the recruitment of agents and providing business

Salary

ADO

As per the official notification, an ADO’s pay scale will be 35650- 2200(2)- 40050- 2595(2)- 45240- 2645 (17)- 90205 plus allowances and other benefits. Total emoluments in an ‘A’ class city will be approximately Rs 56,000. Other Benefits include Gratuity, Defined Contributory Pension Scheme, LTC, Medical Benefit, Group Insurance, Group Personal Accident Insurance, vehicle advance (2-wheeler/4-wheeler), reimbursement towards cost of Brief Case/leather bag, mobile handset, supply of dailies etc.

LIC AAO Free Mock Test- Take it Now!

AAO

Per the official notification, the pay scale of LIC AAO is 53600- 2645(14) – 90630– 2865(4) –102090 and other admissible allowances. In an ‘A’ class city, the total emoluments will be approximately Rs 92,870 per month. Other Benefits include Defined Contributory Pension,

Special Allowance for passing Actuarial Examination, Gratuity, LTC, Cash Medical Benefit, Group Mediclaim, Group Personal Accident Insurance, Group Insurance , Vehicle Loan (2-wheeler/4 wheeler) as per rules, meal coupon, reimbursement towards cost of Brief case/leather bags, mobile handset, supply of dailies and magazines and tea/coffee, mobile expenses, etc.

Sweta Singh

I’m a dedicated SEO Executive who churns out blogs to help aspirants prepare for SSC, Banking and Engineering exams. My blogs are a one-stop destination for accurate and comprehensive information on these competitive exams. My ultimate goal is to provide accurate and easy-to-understand information to candidates by covering topics like exam patterns, syllabus and study techniques and more. Join me on this journey of knowledge!

Recent Posts

RRB ALP 2024 Exam Date Out, CBT Exam From 25th Nov 2024

In this blog, we have provided the complete details related to the RRB ALP 2024…

10 hours ago

The Hindu Editorial Vocabulary 22nd November 2024

Get the Hindu Editorial Vocabulary for 22th November & discover the toughest words and their…

10 hours ago

SBI PO 2024 Notification, Check Exam Dates, Vacancies & Latest Updates

SBI PO 2024 Notification will be released soon on its official website. Read on to…

10 hours ago

Union Bank LBO Syllabus 2024, Check Exam Pattern and Syllabus

The Union Bank LBO Syllabus 2024 has been released on the official website, Candidates can…

11 hours ago

How to Score 50+ Marks in Data Interpretation for Union Bank LBO Exam

Explore our blog "How to Score 50+ Marks in Data Analysis and Interpretation for Union…

11 hours ago

RRB ALP Study Plan 2024 for 3 Days, Check Revision Strategy for CBT 1

Cover all the topics via RRB ALP Study Plan 2024 for CBT 1 exam by…

13 hours ago