PEOPLE’S MONEY FOR PEOPLE’S WELFARE

The Life Insurance Corporation of India has been a nation builder since its formation in 1956. True to the objective of nationalisation, the LIC has mobilized the funds invested by the people in the Life Insurance for the benefit of the society at large.
The Corporation has deployed the funds to the best advantage of the policy holders as well as the society as a whole, true to the spirit of nationalisation. National priorities and obligation of reasonable returns to the policyholders are the main criteria of our investments.
The investment of the Corporation’s funds is governed by Section 27A of the Insurance Act, 1938 subsequent guidelines/instructions issued thereunder by the Government of India from time to time and the IRDA by way of regulations. As per the prescribed investment pattern approved by IRDA, the controlled funds are invested as follows:
Not less than 50% is invested in Government securities or other approved investments.
Not less than 15% is invested in infrastructural and social sector investments.
Not less than 35% in other investments, to be governed by exposure prudential norms.

People’s money has been invested for people’s welfare activities like, Housing, Power, Irrigation, Water Supply & Sewerage, roads, Ports, Bridges, and Railways etc.

The total funds, so invested for the benefit of the society at large accumulated to several millions of crores of rupees at the end of each fiscal year after year till today.

IT’S INDEED A PROUD FEELING THAT YOU WILL WORK IN A MASSIVE PUBLIC SECTOR ORGANISATION WHERE PEOPLE’S MONEY IS BEING REUTILISED FOR PEOPLE’S WELFARE AND IT’S A SPECIAL MOMENT FOR ALL OF US TO BE A PART OF THIS NATION BUILDING MOVEMENT

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.
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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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