
BENEFITS OF LIC AGENCY
- Work Part Time or Full Time
- Commission Base on Premium of Policies.
First Year Commission:
2% To 25% depending upon the Type & Term of Policy plus Bonus Commission 40% of First Year Commission *
Renewal Commission
2nd & 3rd Yr – 2% To 7.5% depending upon the Type & Term of the Policy.
4th yr Onward – 2% To 5% depending upon the Type & Term of the Policy.
There is also provision for Hereditary Commission.
Retirement Benefits
- Club Membership is the recognition bestowed upon the Agents to increase their status in the Society and in the Corporation.
- Office Allowance to maintain your own office.
- Telephone \ Mobile Bill Reimbursement.
- Reimbursement of Sales Promotional Gift Items.
- Interest Free Advance for purchase of CAR/ Motor Bike and Office Equipment.
- Interest Free Advance for Festival Advance.
- Interest Free Advance for Training..
- Housing Loan At Concessional Rate of Interest.
- Term Insurance and Mediclaim Benefit.
- Annual Convention.
- The total Monetary Equivalent of all above Benefit depending upon level of Club Membership.
- LIC Agency offers maximum free time due to guaranteed life time renewal income,which helps you to improve overall quality of your life with strong chance of early retirement
Agents are entitled to get the Gratutity at age 60/65 years after serving for minimum 15 Yrs.
Pension through Swavalmbam and Samvardhan Scheme.
CLUB MEMBERSHIP BENEFITS
Support from our side:
After getting IRDA license you will be trained us to become an Agent of LIC of India.
He is on a mission to “Pay Back to LIC” and decided to develop a community of Competent and Committed LIC Agents of international repute. To begin with he will train only 20 selected agents.
You will be trained on Need Based Selling techniques.
Your activities will be monitored regularly to insure that you achieve your desired target on time.
Our training program is designed in such a way that you will qualify for MDRT and Chairman Club Membership within 3 years of your agency. That means your income will be at least ₹ 1,00,000 per month within 3 years time.

