Meet 'millionaire' LIC agent earning more than LIC Chairman

Bharat Parekh has made considerable financial gains. He reportedly makes around five times more than the LIC Chairman, with an annual income above Rs 4 crore. This is due to his commitment to selling approximately 1,000 policies per year, with each policy averaging Rs 2 lakh in value. He has also generated a premium of Rs 200 crore for LIC.