LIC is recruiting agents in Chandigarh region. If you are a fresher, a self-occupied, an experienced, a working or a retired from any private or public enterprise, male or female with 18 or above years of age and have passed your 10+2 examination, you can apply for the job. No matter whether you are a marketing person, accountancy expert, sales person or back-office executive, you can apply and become an LIC agent without compromising with your existing or future job, occupations or engagements.
Insurance is a subject matter of solicitation. It’s legal to ask or persuade people to buy insurance products and services. The job of LIC agent comes with very attractive performance based incentives. There is no bar for a successful candidate. Any resident of Chandigarh who works well can earn well. If you are fond of meeting new people, talking with others and have the ability to convince others of their own good, LIC is ready to reward you.
If you look at the income graph of a successful LIC agent, you will be surprised to know what not they have been able to achieve in life. The career of an LIC agent is full of both money and recognition for those who deserve it. Some of the common benefits include:
Who can apply:
LIC allows its agents to work for it in their free time, spared after an existing job or service or carry it along with your existing job or occupation. You can do it part-time or full-time or even on weekends. There is no restriction of timing or anything else. Following people can join LIC in Chandigarh:
Anyone above 18 years of age can apply for the job of LIC agent. So far as educational qualification is concerned, you only need to have passed your 10th grade to get the job. There is no discrimination in terms of color, gender, cast or ethnicity.
If you are a resident of Chandigarh and looking for a job for yourself or your friend or family member, just fill the form given here and we will contact you further. Apart from Chandigarh, We are also looking for candidates in the following nearby areas of Chandigarh:
Frequently Asked Questions by Candidates willing to join LIC of India as Insurance Agent in Chandigarh
How can I become an LIC agent in Chandigarh?
Simply submit the form given above or call us at 9044336644 to join LIC as an Agent in Chandigarh 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 Chandigarh?
If you want to join LIC in Chandigarh 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 Chandigarh?
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 Chandigarh?
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 Chandigarh who have years of experience. They will groom you, train you and make you a successful LIC agent in Chandigarh. They will always guide you and teach you on various methods to achieve various targets, club memberships, MDRT and other rewards and recognitions.