What does a LIC agent do?

Most people have their first contact with an insurance company through an insurance sales agent. The agents help individuals and families select insurance policies that provide the best protection for their lives and health.  They help policyholders settle their insurance claims.

The growth of the life insurance business largely depends upon the relationship between agent and client. Agents devote much of their time to marketing and selling products to new clients. Clients obtain lot of information regarding insurance plans and premium price. This interaction gives the client a more active role in selecting a policy according to his or her need. Because insurance sales agents also obtain many new accounts through referrals, it is important that they maintain regular contact with their clients. Developing a satisfied clientele that recommends an agent’s services to other potential customers is a key to success in this field.

Our agents go through both generic and specific, professional programs that help them remain well-informed and knowledgeable about the company’s products in the market. There is a further focus on soft skills such as communication, managing long-term relationships and selling skills, which are very relevant in a service-driven industry like life insurance. All through from day 1, the Development Officer and the management provide continuous support to the agents in achieving expertise in garnering life insurance business. Development Officer will impart field training and other valuable inputs to the agent which will help the agent in the market place. 

Career development is emphasized upon from the very day the agent joins the system. Through individual meetings with his or her Development Officer, the agent can discuss various issues related to business development and career enhancement. Absorption into the management is another career enhancement option provided at LIC. This program helps agents build a full time career as a Development Officer in the organization, offering great potential for managing a team of agents and personal development.

Rewards And Recognition 
Numerous competitions are floated for their recognition. Depending on the level of business he or she can become a member of various clubs such as the Corporate Club, the Chairman’s club, etc. Each of these clubs have specific performance criteria for qualification and members of these clubs, apart from certain fringe benefits,  are entitled to attend seminars held at exotic international and domestic locations each year. Agents can also qualify for the renowned MDRT (Million Dollar Round Table), an exclusive international insurance advisors club.

The Basic Activities of LIC Agents And Their Earnings
Identifying the prospective customers, Convincing the customer about his need, Presenting suitable plan, Closing the sale, helping the clients in claims’ settlement and  providing prompt after sales service are the basic activities of a professional LIC Agent. Top LIC agents earn between Rs.3 crores to Rs.4 crores per annum. The average gross income of top 20% of LIC agents is above Rs.12, 00,000/- per month.

Benefits of LIC Agency As A Career

  • Have the luxury to work with the highest paid profession in the world
  • Enjoy both Royalty and Hereditary Income
  • You can start this Profession with no Investment.
  • You are your own boss to set your own working hours, enjoy the liberty.

How To Become A LIC Agent?

The Process

  • You should have a minimum pass in 12th standard
  • You should be of age 18 years and above
  • You should undergo class-room Training and online exam
  • Apply online on this website


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