Join LIC for -
A Rewarding and Fulfilling Career
It is monetarily rewarding and soul satisfying too. The commodity that a life Insurance agent sells is unique - you sell and service financial security and hence the pattern of remuneration for the same is also unique. Life Insurance profession is the “best paid hard work”. The harder you work the more commission you get. Moreover the sale of life Insurance gives repeated commission payments for one sale and what is more, they continue even after the agent resigns or dies - provided he has the required business in force as per rules
Commission on Sales
On any standard Policy that you procure, you shall be entitled with Commission from 2% to 35% depending upon the type of plan and term.
Hereditary Income
In case of agent’s death while his agency subsists, after agency was in force for two years or over, renewal commission will continue to be payable to his heirs or nominee provided there was a business of not less than Rs. 1 lakh in force at the time of death.
Interest Free Advances
A Club Member Agent is eligible for Interest free advance of Car, reduced Interest for Home Loan, Office maintenance Allowance, Furniture Allowance, Festival Advance, Mobile & Land line Bill reimbursement & various other facilities.
Create Your Own Pension
As Years pass by, the Renewal Commission starts building up. There by assuring you a pension for the next 20 to 25 Years. No retirement in this job, you are entitled to LIFE-LONG income in the form of COMMISSION.
Retirement Benefit
Gratuity upto a maximum of Rs. 5,00,000/- is payable under Schedule VI of the (Agents) Rules, 1972 provided the agent has completed the business guarantee for at least 15 years called as “qualifying years”.
Dreams Can Come True
Raise quality of life for yourself and your family in terms of: Unlimited Income, Two/Four Wheeler, Dream House, Dream Office, Status in Society, International Status, Job Satisfaction, Pension For Generation, Peaceful Life
Increasing Income
With the above recurring income-feature of the insurance compensation your income goes on steadily increasing every year. Each succeeding year’s new sales add to the renewal commission on the previous year’s business.
International Recognition
For every insurance policy sold by you, you will earn each time the policyholder pays premium on that policy. MDRT INR 8,45,000 Commission, COT INR 22,77,000 Commission, TOT INR 45,50,000 Commission
Renewal Commission
The agent is paid a certain percent of the amount paid by the policy holders as renewal commission depending upon the policy plan and term.