Benefits for LIC Agent
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 any initial capital investment.Our LIC agent Training centre in Bhopal provides comprehensive training programs to equip agents with the necessary skills and knowledge to excel in their role. From product knowledge to sales techniques, ongoing training ensures that our LIC agents in Bhopal stay ahead in the competitive market.As LIC corporate agent in Bhopal, you have the opportunity to earn higher commissions and bonuses by expanding your client base, selling a wider range of products, and providing value-added services such as financial planning and wealth management.
LIC Club Membership
LIC has particular to Agents in the type of various kinds Club Members as indicated by their business done in the long term just as persistency with customers. LIC Agents are benefited from their club enrollment. LIC Agent Club Member Benefits rely upon execution in a monetary year. Each Club participation has various rules to qualify. It’s a high inspiration and an acknowledgment in the public area to bring in Cash and be regard as LIC Agency. It very well might be one of the extraordinary motivations to become a LIC Agent.
Benefits of LIC Club membership brief below
- Car or motorcycle Loan (Interst free)
- Housing Loan (@5.5% up to 18.5 lac)
- Office allowance up to Rs. 350000
- Computer Loan Advance (Interest free)
- Furniture Loan Advance (Interest free)
- Telephone / Charges
- Mode of Travelling (Convention)
- Mode of Travelling (Training)
- Out of Pocket Expenses (Convention)
- Group Term Assurance (Up to 65 years)
- Momento in Lieu of Group Insurance (above 65 years age)
- MediClaim
- Computer Advance
- Computer Maintenance Allowance
- Additional office Allowance (For less lapsation)
- Int. Free advance for purchase of office equipment
- Festival Advance
- Sales promotional gift items
- Certificate
- Badge (on entry only) Red Blue Green
- Letterheads / Envelopes (Number)
- Visiting Cards (Number)
- Diaries and Calendars
- Yogakshema (House Magazine)
- Daily Allowance (A/B/C City on Tour)
- Graded Benefits for High performers
- Office Allowance to prospective
FAQ's
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.
There are no limits for the earnings. LIC agents earn as per their performance.
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.
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.
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.
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.
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.
You will receive commission after 15 days of the policy sale. The commission will be deposited to your bank account.
Yes. The commission is deposited in the bank account provided by you.
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.