Ambala is one of the oldest city in the State of Haryana and a major industrial hub.. This is among most populated cities of Haryana with more than 14 lakh people. The city has been recognized as the eighth fastest growing city in the world. Accordingly, there is huge demand for insurance related schemes and products in the city of Ambala and its surrounding areas viz. Barara, Mullana, Naraingarh, Saha, Shahzadpur and Sountli. Considering fast growth potential, LIC is appointing agents to grow its business in and around Ambala. Adult male and female members looking for a new or an extra job option can apply here.
LIC gives a lot of performance based benefits to its agents. It allows agents to decide their own working hours and even work on week-ends to meet your proposers and sell insurance plans or schemes. Selling life insurance has been declared as a subject matter of solicitation hence there is no objection in asking or persuading people to buy a life insurance policy. This all makes it easy for the agents to acquire business and earn commission.
LIC has decided certain easily achievable performance parameters based on which it rewards its agents. Benefits start from monthly fix emoluments and continue in the terms of interest-free loan for personal needs, reimbursement of office expenses, and many more. Some of the benefits that an LIC agent can avail of include:
Who can apply:
If you live in Ambala or any of its adjacent towns viz. Barara, Kalpi, Kardhan, Mullana, Naraingarh, Saha, Shahzadpur or Sountli and fulfill the eligibility criteria, you can become an LIC agent. You can be a fresher student or experienced veteran, a working employee/professional or a retired person, you can join LIC as an agent and start earning commission without any restriction of cast, color, ethnicity or occupation.
The basic requirement for selection of an LIC agent is 18+ years of age and certificate of passing 10th class. This makes almost everyone eligible to apply for the post of LIC agent in Ambala.
If you are feeling excited enough to become an LIC agent, just fill the form given here and we will contact you. You will not have to pay anything anywhere in the process of selection and appointment.
Frequently Asked Questions by Candidates willing to join LIC of India as Insurance Agent in Ambala
How can I become an LIC agent in Ambala?
Simply submit the form given above or call us at 9044336644 to join LIC as an Agent in Ambala for a rewarding career that gives handsome commission, royalty based income, gratuity, awards and recognition and many more. LIC offers very attractive emoluments and lucrative commission structure to the deserving candidates. There are many other performance based incentives for the promotion of candidates.
How much does an LIC agent earn?
There are many assumptions about the salary of LIC agents. Though an LIC agent does not get a fixed salary but he can earn more than a doctor or an engineer or a lawyer or any other professional. There are thousands of LIC agents who earn in lakhs per month. The statistical data suggest the average income of an LIC agent to be Rs.39,200/- to Rs.67,000/- per month. The figure varies depending upon the number of policies an agent sells and amount of premiums paid by the policy holders. Besides salary, an LIC agent becomes eligible for several lucrative perks with the growth of his/her business. Some of the benefits include club membership, low/no interest loan, free insurance cover, gratuity and many more.
What is the minimum target for LIC agent?
The beauty of LIC Agent profile is that you yourself decide your target. You decide how much you want to earn per month or per annum. Once you decide your earning, calculate the total premium you need to generate on monthly basis to achieve your earning. For example, if you want to earn one lakh rupees a month, you need to sell insurance policies for 20,000/- premium. You can either sell one policy of 20,000 monthly premium or 4 policies of 5000/- each or 20 policies of 1000 each. This way you decide your own targets.
However, to survive your agency code, you need to do minimum 12 policies of any amount or 6 policies and 50,000/- premium or 1 Lakh premium in a year.
What is the commission of an LIC Agent?
Commission varies on various factors eg. Single premium policies give you 2% commission, regular policies upto 15 years PPT give you 28% commission and regular policies having 15+ year PPT gives you 35% commission. In the subsequent years, you get 7.5% commission in the second and third year, and from 4 th year onwards you get 5% commission till the policy premium term.
How can I apply online to become LIC Agent in Ambala?
If you want to join LIC in Ambala to earn a handsome income for life, submit the form given above or call us at 904433664. Candidates willing to become LIC Agent can apply online. Yes, now the process of LIC Agent Registration is available online. In fact the entire process of selection is conducted online only.
What is the Salary of an LIC Agent?
An LIC Agent does not get a fixed salary as such but he earn a handsome commission by way of commission on the insurance policies he sells. The commission is paid twice in a Month ie. On 1 st of every month and 16 th of every month. In the beginning, it may not come to as a salary but as you grow your career in insurance, you start getting the recurring commission for the policies you have done in the past. That way, you start getting a fixed remuneration every month which keeps growing as you generate more business month by month.
Is LIC agent a good career?
Like any other profession, LIC agency career also requires dedication, hard work, consistency, punctuality, customer service, achieving the targets, setting the new goals. Successful LIC agents of India earn in crores every year, to name few Mr. Bharat Parekh, Mr. Venkatesh Rao and many top agents of LIC of India earn in crores and have achieved a very good career as an LIC Agent.
Can I join LIC as part time agent in Ambala?
Yes, if you are already working somewhere or a professional, you can join LIC as a part time agent. Initially, most people join LIC as a part time and gradually once their income gets stabilized you start it as a full time agent. It is completely your decision when to make it as a full time career. An accountant would keep his agency running on part time basis only. However, as an LIC agent when you start earning more than your full time job, you should quit that job and join LIC as full time agent.
Can a government employee become LIC Agent?
No, a government employee cannot become an LIC Agent, but if you want to earn a second income by joining LIC as an agent, you can take the agency code in your spouse name or any relative’s name.
Can a Chartered Accountant join LIC as an Agent?
Due to code of ethics, a Chartered Accountant cannot become an LIC Agent, but if he wants to earn a second income by joining LIC as an agent, he can take the agency code in his spouse or relative’s name.
Who are Development Officers and who will train me in Ambala?
Development Officers in LIC are gazetted officers who not only train you but also act as a mentor in your career growth in LIC insurance. We assign you with top and experienced LIC Development Officer in Ambala who have years of experience. They will groom you, train you and make you a successful LIC agent in Ambala. They will always guide you and teach you on various methods to achieve various targets, club memberships, MDRT and other rewards and recognitions.