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Welcome to LIC-Mumbai

Protecting Futures, Building Trust

LIC Agent Application Process

How to Become LIC Agent !

Fill the Online Form

Complete the online form. Our executive will explain the process, resolve your questions and gather the necessary paperwork.

Submit Documents

Kindly give photocopy of following documents. 4 color photos, HSC Marksheets, Pan Card, Aadhar Card, Cancelled Cheque.

Pay Fee

Submit fee for following: [Registration fees- ₹ 150], [Online Training- ₹ 50], [Online Exam Fees- ₹ 500], [Total- ₹ 700]

Online Training

Get necessary training to become a LIC agent, Our executive will guide you with the process for 25 hour training programme.

IREDA Online Exam

After training completion, you must take an online test administered by the Insurance Regulatory and Development Authority.

Get Agent Licence

After getting 15/50 marks in the exam, the IRDA will provide you an appointment letter to begin working as an insurance agent.

Fill form and Contact Us to

Become a LIC Agent

Becoming a LIC (Life Insurance Corporation of India) agent can be a rewarding career that allows you to help individuals protect their futures while also earning a good income.

Benefits for being LIC Agent

Becoming an LIC (Life Insurance Corporation of India) agent offers numerous benefits, including flexible working hours, uncapped earning potential through commissions and bonuses, opportunities for personal and professional growth, access to comprehensive training programs, recognition and rewards for top performers, and the ability to make a positive impact on people’s lives by helping them secure their financial futures. Additionally, LIC agents enjoy the credibility and trust associated with being associated with one of India’s most reputable and trusted insurance providers, along with access to a wide range of insurance products to meet diverse customer needs.

Advantages for LIC Representatives

Earn high commission on the policies. You will get 35% commission on 1st year premium, then 7.5% for 2nd and 3rd year + 5% commission till the policy ends.
35% Commission on 1st year Premium
You will get intrest free (0% Intrest) loan for purchasing Laptop, 5% to 7.5% Intrest on housing loan + attractive Two & Four wheeler loan.
Minimum Interest Loan only for LIC Agents
As a LIC Agent, you can work Part time/Full time as per your convinience. You can also work as a agent with your existing job, giving you full work flexibility.
Flexible Working Hours
As a agent you can earn as per your performance with no upper limit on your income. Top performing agents become part of Million Dollar Round Table.
Unlimited Income Opportunities

Frequently Asked Questions

The LIC does not provide fixed salaries to its agents. Agents get paid a commission for each policy they sell. For the first year of the policy, LIC offers a commission of 25% to 35%, it offers 7.5% for the second and third years, plus an additional 5% till the policy matures.

The earnings have no upper limit. Agents of LIC are paid based on their performance.

Typically, the entire process takes two weeks to finish. You can deliver the paperwork to our Development Officer along with the necessary fees. You will be recruited as a LIC Agent upon passing the exam and receiving our Development Officer’s approval.

 

The LIC Agent’s minimum eligibility requirement is a 10th pass. You can work as a LIC agent if you have the required documentation and your SSC passing certificate.

Indeed. You will receive comprehensive training to market LIC policies from our Development Officer. Because it sets LIC Agents apart from the competition, LIC boasts the greatest training programs available. Our comprehensive training program, led by our skilled in-house training staff, will turn you into a life insurance sales expert even if you have no prior sales experience.

Within the sale of the policy, you will receive commission within 15 days. Your bank account will receive the commission deposit.

Get best LIC policy for your family !

Get your family the greatest LIC policy possible.

Benifits of Taking LIC Policy

Taking a Life Insurance Corporation (LIC) policy can offer several benefits for policyholders and their families. These benefits can help provide financial stability and security for you and your family, making LIC policies a popular choice for life insurance in India. Taking out an LIC policy can be a strategic way to secure your future and protect your loved ones. It's important to choose the right policy that aligns with your financial goals and insurance needs.

Financial Protection

LIC policies provide a safety net for your family in case of an unforeseen event such as the policyholder's death.

Tax Benefits

LIC policies offer tax advantages. Premiums paid are eligible for tax deductions under Section 80C of the Income Tax Act, 1961.

Investment

Some LIC policies, such as endowment plans and (ULIPs) serve a dual purpose investment and insurance.

Loan Facility

Many LIC policies offer the option to avail a loan against the policy after a certain period of time, providing liquidity in times of need.

Get Help getting Best LIC Policy

Selecting the best LIC policy can depend on your individual needs and circumstances, such as your age, financial goals, family situation, and risk tolerance. Contact us to help you choose the best LIC policy for your situation.

It’s my job to ask you if you have life Insurance, don’t make it your family job to ask me if you had life insurance.

Sanjan K Sharma
DEVELOPMENT OFFICER
LIC BR-916

Welcome to LIC-Mumbai

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