It is an Exclusive Career opportunity provided by LIC of India to Fresh Graduates, Post Graduates and MBAs to become an Entrepreneur
A professional who provides specialized guidance and advice for investment in various life insurance schemes.
The main role of LC advisor is Prospecting, Need Analaysis, Plan Presentation, Closing the sale and After sales Service.
Minimum Qualification is 10th Standard along with Pan card for urban and rural candidates to take up lic agency.
The primary duty of an agent is to sell life insurance plans of LIC to the prospective customer according to their needs.
LIC agents are reviewed every agency year with the Minimum Assured Business (MAB) the rules are:
The Agency will be terminated immediately on completion of their Agency year and commission credit will cease.
Any body enthusiastic Male, Female, Persons engaged in Business, Beauticians, Builders, Cable Operators, Charted Accountants, Company Secretaries Cost Accountants,(on their Spouse Name), Doctors, Engineers, Financial Advisors, Medical and Sales Representatives, Software and Self employed professionals, Tax Consultants, Teaching Professionals, Cini & TV artists, Fresh Graduate/Post Graduates, Educated House wives, Retired Professionals, Unemployed Youth. Any other Professional who is interested in earning extra income and recognition.
To Join LIC as Advisor one should apply online mentioned on the Home Page Apply Now. The candidate has to undergo 25 hrs training online / offline (class room training). On successful completion of training He / She has to appear for online exam conducted by Insurance Institute of India. After passing through the examination candidate will be appointed as Life Insurance Advisor / Agent.
Remuneration will be paid to you in the form of Commission as percentage of premium collected through the policies sold by you. It is not a one time commission on a sale made by you. It provides you the royalty income through out the term of policy. As long as policyholder pays the Premium you will get the commission. Moreover this commission is hereditary i.e. it will be paid to your nominees even after your death.
Following are the levels of club membership for this premier channel depending up on the Business performance: 1. Corporate Club 2. Galaxy Club. 3. Chairman’s Club 4. Zonal Manager’s Club 5. Divisional Manager’s Club 6. Branch Manager’s Club.