Insurance agents are eligible to receive gratuity as a retirement benefit upon reaching the age of 60 or 65, provided they have completed a minimum of 15 years of service.
🗓️ Eligibility: Minimum 15 years of active service
🎂 Payout Age: At age 60 or 65 💰 Maximum Gratuity: Up to ₹10,00,000
📈 Based On: The total renewal commission received during the last 15 years prior to retirement age
This benefit offers financial security and recognition for long-term service and consistent performance.