Prizes & Rules

The Daily Quiz Competition is an exclusive mobile app-based program designed for LIC agents to test and enhance their insurance knowledge, compete with peers across regions, and win attractive rewards through daily participation.

The competition starts on 1 May, 2025. You can check the exact countdown on our website www.ideascaards.com or in the mobile app. https://ideascaards.com/quizinapp/

The competition is exclusively for authorized LIC agents. You will need to verify your agent credentials when registering in the app and provide your consent for using your name and photograph in the leaderboard section of the app as well as in the company website and communications.

No, participation in the Daily Quiz Competition is completely free for all eligible LIC agents.

New quizzes are released daily, allowing you to participate and earn points every day.

New quizzes are released at 6.00PM IST every day and remain available for 2 hours. Quiz will be closing at 8.00PM every day.

Each daily quiz typically takes 1-2 minutes to complete, consisting of one question.

Questions will cover various aspects of insurance knowledge, right from IC - 38 exam syllabus such as insurance concepts, terms, market, principles including LIC products, policy features, customer service best practices, regulatory requirements, and sales techniques.

You can access the daily quizzes through the LIC Agents mobile app, https://ideascaards.com/quizinapp/ which is available for download on Android platforms.

No, each quiz can only be taken once per day to ensure fair competition. However, you'll have new opportunities to earn points with each daily quiz.

Points are awarded based on correct answers and the speed of your responses. Fastest correct answer would be ranked as First, Second and Third winner on a daily basis. Bonus points may be awarded for perfect scores or for completing quizzes within certain time frames.

Points are awarded based on correct answers and the speed of responses.
First three winning position of the day is awarded a badge as Gold/First, Silver/Second and Bronze/Third badges.
Each badge has specific points and cumulatively acquire weightage for Monthly First, second and Third positions.

Missing a day's quiz means missing the opportunity to earn points for that day. However, you can continue participating in subsequent days' quizzes without penalty.

Currently Leaderboards are organized at national levels: This dynamic ranking would allow you to compare your performance with peers across different geographic scopes.

Leaderboards are updated in real-time as agents complete their daily quizzes.

Yes, your ranking and score will be visible on the leaderboards. However, detailed performance analytics are private and only visible to you.

Rewards include digital certificates, recognition badges, performance incentives, exclusive training opportunities, and special mentions in company communications and company website www.ideascaards.com

Monthly winners get following prizes

• Highest cumulative points in a month - 1 month MIC subscription
• Second highest cumulative points in a month - 15 days MIC subscription
• Third highest cumulative points in a month - 7 days MIC subscription

#If the winners are already MIC subscribers then this prize subscription would be added to their subscription period.
Annual winners would be getting a prize of (Annual Period 1 May 2025 to 31 March 2026)
Highest cumulative points in the financial year - 1 year MIC subscription
Second highest cumulative points in the financial year - 6 months MIC subscription
Third highest cumulative points in the financial year - 3 months MIC subscription

Rewards are distributed on monthly and annual bases, depending on the type of reward.

Yes, agents who maintain top positions consistently will receive special recognition and additional premium rewards at the end of each year.

Winners will be notified through the app, email, and WhatsApp. Major achievements will also be highlighted in company newsletters and website.

For technical support, you can contact our dedicated dealers or call our help desk 9821513102 during business hours.

Yes, all quiz data and personal information are encrypted and stored securely in compliance with data protection regulations.

Yes, there is a feedback section within the app where you can share your suggestions, report issues, or provide general feedback about your experience.

You need an internet connection to download the daily quiz and submit your answers. However, once downloaded, you can complete the quiz even if you temporarily lose connection.

The competition is designed to enhance your product knowledge, keep you updated on industry trends, and improve your sales capabilities through regular engagement with insurance concepts.

The competition is planned as an ongoing initiative with seasonal themes and special event quizzes throughout the year.

Yes, we welcome topic suggestions from agents. You can submit your ideas through the feedback section in the app.