LIC agent recruiter and trainer
How to become LIC Agent
LIC Agency
LIC Agency is a profession of selling life insurance plans, it involves planning on the basis of their income, health and occupation of an individual. LIC Agent are financial consultants and primary risk underwriter who give value addition to the family seeking protection against any untoward circumstances which will disturb the livelihood of the family economically. if you find it interesting then why wait, become an lic agent now.
About LIC of India
Life Insurance Corporation of India (LIC) is the largest state-owned insurance company in India. It was established on September 1, 1956, with the goal of providing life insurance to the masses and promoting the welfare of the people of India. The corporation operates under the jurisdiction of the Ministry of Finance, Government of India, and is headquartered in Mumbai, Maharashtra.
LIC of India has played a pivotal role in shaping the life insurance landscape in the country. It is a trusted brand with a broad customer base, offering a variety of insurance products that cater to different segments of society. Despite facing growing competition and regulatory challenges, its reputation for reliability, along with its deep penetration into the Indian market, continues to make it a dominant player in the Indian insurance industry.
How to become an LIC agent
Becoming an LIC agent is a great opportunity if you’re interested in sales and helping others secure their financial future. Following the below steps will help you become a licensed agent, and with hard work, you can build a profitable career in LIC. Below mentioned are the procedure to become LIC Agent in Bengaluru.
Eligibility Criteria
Age: You must be at least 18 years old.
Before you apply, ensure you meet the following basic eligibility requirements:
Educational Qualification: The minimum educational requirement is a 10th-grade pass (or equivalent), though the corporation may prefer candidates with higher qualifications.
Residence: You should be an Indian citizen and a resident of India.
Apply for the LIC Agent Position
You can either apply directly through this authorized LIC Agent Recruiter website online by submission of enquiry form or call me at 9845257514.
Online Application: In this website and look for the “Become an Agent” section. Fill in the required details and submit the application.
Offline Application: You can also visit my office, express your interest, and submit an application form.
Documents supporting the application form and Fees
Pan Card
Aadhar Card
10th Marks Card
Local Correspondence address proof
Prerecruitment Training Certificate
Fees for Registration, Books, Exam and Training
Training
After your application is accepted, you will be required to undergo a mandatory training program which will help you understand the details of LIC policies, customer interactions, and the basics of insurance.
Training Duration: Generally, the training period is 25 hours of classroom or online Training.Content: The course typically covers insurance principles, LIC products, and sales techniques based on IC 38 syllabus prescribed by Insurance Institute of India
Pass the Pre-Recruitment Examination
Once you complete the training, you need to appear for and pass the Pre-Recruitment Examination. This exam is administered by the Insurance Institute of India and it tests your knowledge of the insurance industry, the policies offered by LIC, and other related topics.
Obtain the License
Upon passing the exam, you will be issued a LIC Agent License, which officially allows you to sell LIC policies. This license will be valid for one year renewable every year after completing the minimum business guarantee.
Start Selling Policies
Once licensed, you can begin selling LIC insurance policies. You’ll need to build a customer base, promote LIC’s products, and meet sales targets. As an LIC agent, your earnings are typically commission-based, depending on the number and type of policies you sell.
Renewing the License
To maintain your active status as an LIC agent:
- You need to achieve a minimum number of policy sales each year.
- You must complete periodic training every year.
Benefits of Being an LIC Agent
Earning Potential: Your earnings are primarily commission-based, but the potential is high, depending on how many policies you sell
Flexibility: You can work as a part-time or full-time agent, offering a lot of flexibility. Be your own boss
Job Security: LIC is a reputed organization, and working as an agent under its banner can be a secure career option
Career Growth: You can progress to higher positions like Development Officer or Branch Manager with experience and good performance
Key Points to Remember
Continuous Learning: LIC agents are expected to stay updated with new products and insurance regulations
Good Communication Skills: You must have strong interpersonal and communication skills to succeed in this field
Networking: Building a solid client base and strong relationships is key to a successful career as an LIC agent