What lic agents get as agent

Everyone knows about LIC. Life Insurance Corporation is one of the best insurance company in India. LIC agents get lots of benefit here. We’ve a list some of them below:

  • LIC Agents duties are very interactive and consultation based with flexible working hours.
  • Own Business with no age of retirement – Like an Entrepreneur.
  • Opportunity to join various club memberships like CM Club, ZM Club, DM Club, BM Club, Corporate Club, Galaxy Club etc.
  • Hereditary Commission to the heirs also in case of sad demise of the agent.
  • Gratuity Benefits up to Rs. 3,00,000 (You must have not seen any business which guarantees gratuity payment but LIC takes care of that)
  • Renewal commission till the end of policy term along with first year commission (Work today and earn long term commission income which works as your retirement plan).
  • Enjoy unlimited earning opportunity with no ceiling or upper limit of earning (LIC Agency is considered as the highest paid profession in the world).
  • Office maintenance allowances.
  • Premium collection center for servicing of policyholders.
  • Reimbursement of expenses on stationary items, sales promotions & gift items.
  • Various professional training facilities by the renowned & experienced motivators.
  • Personality development programs.
  • Interest free advance for 2-wheeler or 4-wheeler.
  • Computer, laptop, festival advance (0% Interest).
  • Marriage advance for self, son & daughter with lower interest rates which are repayable in 36 monthly installments.
  • Special interest free advances like LIC announced COVID-19 advance of Rs. 50,000 at zero interest to the agents at the time of pandemic.
  • Foreign tours via various competitions.
  • Housing loan at reduced interest.
  • Medical & group term insurance from the corporation.
  • Respect, social recognition & international recognition (MDRT).
  • MDRT membership is recognized internationally as the standard of sales excellence in the life insurance industry. MDRT conduct annual meetings which are held in North America as well as in Asia each year and open to all MDRT members.
  • There are two more Elite group which are above MDRT : First one is Court of Table (COT) which is equal to three times of MDRT & second one is Top of Table (TOT) which is six times of MDRT and it’s a great honor for LIC as it tops the list of MDRT producers in whole world.