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Steps To Become LIC Agent

Apply to Become a LIC Agent

Name(Required)
DD slash MM slash YYYY
Address
Submit Necessary Documents:

Kindly provide a photocopy of these documents to our Development officer.

Documents Required:
  • 4 Colour Photos
  • Aadhar card
  • SSC or HSC Marksheet or passing certificate
  • Pan Card
  • Address Proof
  • Bank account passbook or Cancelled Cheque
  • Highest Degree Qualification Marksheet
Pay basic fees:
Pay basic fees:
  • 150₹ [Registration fees]
  • 150₹ [Online Training]
  • 500₹ [IRDA Online Exam Fees]
Offline OR Online training for 25 Hours:
  • Our Development officer will provide you with the necessary training
  • Training will be held offline or online as per your convenience
  • You will receive a Training certificate from LIC after completion of 25 hours training
 
IRDA Online Exam of 50 Marks:
  • After successful of Completion of training, You need to give an online examination conducted by the insurance regulatory and development authority (IRDA)
  • You will clear the exam after securing the required passing marks – 17/50
Get your LIC Agent License!
  • After successful completion of the examination, you will be awarded an Appointment Letter by the IRDA to work as an insurance agent.
  • You will be appointed as a LIC Agent!

FAQ's

Is there any fix salary for the Agents?

There isn’t any fix salary from the LIC for the agents. Though, Agents earn the commission for the policies they sale. LIC offers 25% to 35% commission on the policy premium for the first year, then 7.5% for 2nd & 3rd Year + 5% till the policy maturity.

How much can I earn as a LIC Agent?

There are no limits for the earnings. LIC agents earn as per their performance.

Is this a full-time job?

LIC offers flexible working hours for the Agents. Agents can work full time as well as part-time as per their convenience. You can work as an Agent with your existing job as well.

Am I eligible to become a LIC Agent?

Basic eligibility qualification for the LIC Agent is 10th Pass. If you have SSC passing certificate and the necessary documents then you are eligible to become a LIC Agent.

How much time does it take to become an agent?

Usually, it takes two weeks to complete all the process. You can submit the documents and basic fees to our Development officer. After the approval of our Development officer, you can give the exam and then you will be hired as a LIC Agent.

Can I work from home as a LIC Agent?

Yes. You can work from home as an Agent. Or you can start your own office for agency work. LIC provides infrastructure support for your office.

Can you help me in selling policies?

Yes. Our Development officer will give you full training to sell LIC policies. LIC has 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 program conducted by our qualified in-house training personnel will make you a specialist in life insurance sales.

When do I get the commission?

You will receive commission after 15 days of the policy sale. The commission will be deposited to your bank account.

Can I get the commission in my bank account?

Yes. The commission is deposited in the bank account provided by you.

Who is LIC development officer?

Development Officer is a LIC employee responsible for Agent recruitment and training. Our officer will guide you through the recruitment system and provide you with all the necessary information and training.

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