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What Features We Provide to Our Agents
We at LIC, provide all insurance training, sales training like how you deal or interact with client.
Our well experienced team will train you up to the level. With that training you can tackle with every complexity of this career.
Sales Training is one of the main part of this career. This training makes you a great LIC advisor. You got insurance selling skills with this community.
Be Your Own Boss
The most important thing is that you would not have to work on fix timings. This is the add-on benefit of LIC that you can plan your schedule to work accordingly. Mean work like you’re Boss in yourself.
World’s No #1 Insurance Company
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 list some of them below:
- One can get loans and advance money on low/Nil interest.
- Interest free advance for 2 wheeler or 4 wheeler.
- Interest free advance for purchase of Computer, Furniture etc.
- Housing Loan at reduced interest.
- Reimbursement of expenses on Stationery,Office,Sales promotions & Gift items.
- Agents are provided with Group Term Insurance.
- Hereditary Commission & Gratuity benefits.
Why Work with
LIC of India, established under LIC Act, 1956 is recruiting Graduates to work as Insurance Advisor (Full-time or Part-time). Exceptionally talented Under-Graduates will also be considered. A Candidate with any profile & background having very good contacts and who have an inclination to earn well are most welcome to join us. Training & technical support will be extra-ordinary with us.
- Professional Training Through Seminars
- Sponsorship for special Training Programs
- Knowledge Dissemination of all LIC products
Remuneration as an LIC Agent
The LIC agent is paid the commission as the percentage of the premium paid by the policyholders whom you sold a policy. An amazing thing about being a LIC agent, in terms of monetary profit, is that the commission is not one-time income but you get the royalty amount paid throughout the policy period! The policyholder pays a premium and you get your share. It does not end here. Even after your death, your nominees get this amount paid as if hereditary commission!
|Types of commission||Rates (in %)|
|Renewal Commission for 2nd & 3rd year||7.5%|
|Renewal Commission for 4th year & onwards||5%|
Registration & Training
Upon successful registration, you will be undergoing 25-Hrs Online Training to make you aware of theoretical aspects of Life Insurance which is very much required from the examination point of view. In addition to ONLINE TRAINING, we would be providing you practical training at your convenient timings to make you aware of Marketing skills needed to succeed in your Career with LIC.
After successful completion of the examination you will be awarded a license by the IRDA to work as an insurance agent. You will be appointed as an agent by our branch office and you will be a part of the team under development officer.
After successful completion of training you will have to sit for pre-licensing online examination conducted by the insurance regulatory and development authority (IRDA). Exam will be of 50 marks and question will be objective. You have to get 17 marks to pass exam.
Document & Fees
- 3 Color passport size photo.
- Photo copy of 12th mark-sheet/ Diploma mark-sheet/ Degree certificate.
- Photo copy of Pan card.
- Rs. 150 for registration.
- Address Proof