If you’re planning to become a part of India’s leading life insurance brand and wondering whether male agents can avail stipend options like in the LIC Bima Sakhi Scheme, this blog is for you. The Life Insurance Corporation of India (LIC) offers multiple schemes to support and empower agents financially. While the Bima Sakhi Scheme is exclusive to women, men have their own path through the LIC CCA Scheme under the LIC City Career Agent (CCA) model. In this detailed guide, we’ll compare the two stipend schemes and explain how male agents can benefit.

Understanding the LIC Bima Sakhi Scheme – Women-Centric Support Model

The LIC Bima Sakhi Scheme was introduced to encourage more women to become financial advisors by offering them a fixed monthly stipend during the initial business development phase. This initiative helped women agents with financial stability and motivated them to build a long-term career with LIC.

However, this scheme is exclusively for female agents. It offers a stipend of up to ₹7,000 per month for the first year, along with performance-based incentives. But does that mean male agents can’t enjoy any stipend benefits?

LIC Stipend Schemes for Agents: What’s Available for Male Agents?

Yes, male agents can also receive a stipend — not under the Bima Sakhi scheme but through a different yet powerful scheme called the LIC City Career Agent (CCA) Scheme. This initiative is available for both male and female candidates and offers excellent financial assistance during the early stages of an LIC agent’s career.

Under the LIC CCA Scheme, eligible agents (including men) are given a monthly stipend of ₹7,000  for the first year based on performance and targets. So, while male agents are excluded from the Bima Sakhi Scheme, they are still entitled to financial support under LIC’s broader stipend programs.

LIC CCA Scheme vs LIC Bima Sakhi Scheme: Key Differences

Let’s compare the LIC CCA Scheme vs LIC Bima Sakhi Scheme to understand which is more beneficial for different agent profiles:

This comparison makes it clear that male agents can benefit from the LIC City Career Agent scheme, which provides higher stipend potential compared to Bima Sakhi.

What is the LIC City Career Agent (CCA) Scheme?

The LIC CCA Scheme is a recruitment and support initiative that targets highly motivated individuals, including men, from urban or semi-urban areas. The goal is to bring skilled professionals into LIC’s distribution network with attractive benefits like:

• Fixed stipend during the training and initial performance period
  
• Access to regular training and mentoring
  
• Opportunity to convert into full-time Development Officer or higher roles
  
• Business development support 

For male aspirants wondering about their earning potential, LIC City Career Agent Scheme is the best entry point offering financial and professional growth.

Brief History of LIC: India’s Insurance Pioneer

Established in 1956, LIC was created by nationalizing 245 private insurers. Since then, it has grown into India’s largest and most trusted life insurer. With over 290 million policyholders, LIC commands more than 60% market share. Its agent network is one of the world’s largest, offering career opportunities to lakhs of Indians.

Over the years, LIC has introduced innovative agent support systems like the LIC Stipend Schemes for Agents, ensuring that financial limitations never stop deserving candidates from building a successful career.

Why Join LIC as an Agent?

There are many reasons to choose LIC for a professional career:

• Financial Independence: Earn through commissions and performance-based incentives.
  
• Supportive Ecosystem: Access to LIC Stipend Schemes for Agents like the CCA Scheme.
  
• Flexible Working: Be your own boss and work as per your convenience.
  
• Prestige & Trust: Represent a legacy brand that enjoys unmatched credibility. 

If you’re a male candidate exploring career options, becoming a LIC City Career Agent gives you a head start with monthly stipends, training, and long-term growth.

How Can Male Agents Apply for the LIC CCA Scheme?

To benefit from the LIC CCA Scheme, follow these steps:

1. Contact a Development Officer: They will help you register under the scheme.
   
2. Attend Interview/Orientation: To assess your business acumen and commitment.
   
3. Undergo Training: Intensive IRDAI-mandated training followed by a licensing exam.
   
4. Meet Minimum Business Targets: To continue receiving your monthly stipend and other rewards. 

As a male agent, you must fulfill target-oriented tasks, but the monthly stipend of ₹7,000 provides financial stability during this phase.

Income Potential Under LIC City Career Agent Scheme

Apart from the monthly stipend, male agents can earn attractive commissions on policies sold. Here’s a breakdown of the LIC earning potential under the CCA model:

• Commission: Up to 28% on first-year premiums
  
• Renewal Commission: 5% to 7.5% on renewals
  
• Bonus: Performance-based incentives, loyalty additions
  
• Stipend: ₹7,000 per month (performance-linked) 

Combining stipend and commission, many CCAs earn ₹25,000 to ₹40,000/month within 6–12 months. This makes the LIC CCA Scheme extremely lucrative for new male agents.

Conclusion: Male Agents Have Equal Stipend Opportunities Through LIC CCA Scheme

In conclusion, while the Bima Sakhi Scheme is limited to women, male agents are equally supported under the LIC City Career Agent Scheme. This makes it clear that LIC believes in inclusive growth and financial empowerment for all its agents.

Whether you are a graduate looking for a fresh start or a professional exploring a side hustle, joining as a LIC City Career Agent offers financial support through LIC stipend schemes for agents and a roadmap to build a respectable income.

So yes, male agents can receive stipend options under the LIC CCA Scheme, and with higher payout than Bima Sakhi, it’s a great alternative. Choose wisely and start your journey with LIC today!