LIC has got the best of professionals from various fields:
Doctors, Engineers, CAs, Share Brokers, Lawyers, Film stars, CEOs, Housewives, Students & many others
Rewarding Career
You will help people realise their dreams by fulfilling their financial goals. The difference you make to their lives is more rewarding and satisfying than you could ever imagine.
A Successful Team
By joining us, you will be a part of the country's finest team of life insurance Agents. In the year 2015, we contributed 4021 members to the Million Dollar Round Table: a global forum that salutes the world's most successful Insurance Agents.
Attractive Remuneration
We offer one of the best remuneration systems in the industry that not only takes care of your current earnings, but also guarantees an earning for the future. What's more, you can set your own income targets with a potential to earn as much as you want for the rest of your life.
Independence
As an Agent, you will be a true entrepreneur. You have the freedom to be your own boss: work for yourself, choose your own clients and make your own money. All of this, without your having to make any initial capital investment.
World-Class Training
We provide you with the best-in-class training systems, since that is what differentiates LIC Agent from the rest. Even if you don't have previous experience in selling, our multi-dimensional training programme conducted by our qualified in-house training personnel, will make you a specialist in life insurance sales.
Commitment To Career Agency System
Our commitment to the Career Agency System means that, we support you and your efforts not just today, but at every stage of your business. We believe in encouraging our Agents to strive towards the highest levels of success, throughout their careers. In fact, depending on your performance, we also offer a management career option with the company.
Infrastructure Support
We have invested in creating a state-of-the-art infrastructure at each of our Branch Offices. You will have access to the necessary tools, technology and people support that will enable you to build a profitable long-term business.
Full Range Of Products And Services
You can offer your customers over 50 product combinations of our unique Products and Riders, to help them meet all their financial goals. In order to give you a greater competitive edge, we are also continuously working on newer and more innovative products.
Sales And Marketing Support
We support our Agents with innovative sales and marketing tools. The Sales, Promotions and Marketing collaterals that we provide will help you take your business to new heights.
Financial Strength
LIC offers you and your customer unmatched fi/nancial strength and solidity.
Commission Rates
On any standard Policy that you procure, you shall be paid the following Commission Rates:
- 35% of 1st year premium with 10% Bonus Commission
- 7.5% of 2nd & 3rd year premium
- 5% thereafter till the Policy Continues
Every time a Policyholder pays his Installment Premium, the agent receives his Commission. THAT MEANS on 1 policy you receive an astounding amount of money.
Club Membership
- Distinguished Club Membership
- Branch Manager's Club Membership
- Divisional Manager's Club Membership
- Zonal Manager's Club Membership
- Chairman's Club Membership
Fringe Benefits to Club Membership
- Interest free Advance for 2-wheeler or 4-wheeler
- Interest free Advance for purchases of Personal
- Computer, Furniture, Telephone etc.
- Housing Loan at the rate of 5.25% p.a.
- Reimbursement of expenses on Stationery Office and Sales Promotion, Gift Items... and many more (a caretaking insurance company)
Benefits Quantified
Office Expenses | 30,000 |
Sales Promotional Expenses | 1,400 |
Festival Advances | 7,000 |
Letterhead, Envelopes | 1,000 |
Housing Loan (3.75 lacs@5.25%) | 18,750 |
Car Advance (4lacs) | 42,000 |
Computer Advance | 50,0005,250 |
Computer Maintenance Allowance | 6,000 |
Telephone | 12,000 |
Advance for Purchase/Repair of Office | 21,000 |
Expenses for Conven | 25,000 |
Out of Pocket Expenses | 2,500 |