Become an LIC Agent in Delhi

Delhi or the National Capital Region of Delhi (NCR) or capital city of India, as it is popularly known today is the second largest city of the country after Mumbai. It is surrounded by the state of Uttar Pradesh in the East direction and by Haryana from the remaining three sides. The prime satellite areas include Ghaziabad, Faridabad, Gurgaon and Noida. It being the national capital and one of the metros of India, offers umpteenth opportunities of employment and growth to locals and even attracts immigrants from all parts of the country. LIC has a very strong presence in the state of Delhi and it is always recruiting new agents. Interested candidates can fill in the form given here to apply for the post of LIC agent or LIC agency in Delhi.

The people living in the state of Delhi can exploit the huge potential of growth available in the insurance sector here. Insurance is subject matter of solicitation. No matter what occupation or profession you are in, or even if a fresher, you can join LIC as your primary occupation or secondary one and start earning commission and benefits that it has got to offer its all qualifying candidates.

Anyone adult person who has completed his/her higher secondary i.e. 10+2 class can become an agent of the Life Insurance Corporation of India. Whether you are a fresher or an experienced person, you can join LIC with equal benefits. LIC does not discriminate among its agents or employees in any manner and allows equal opportunities of growth to everyone working for it. Besides it sets its agents free to decide their own working hours. One can work part-time, full-time or even at week-ends and keep growing gradually. Every agent is aligned with an LIC Development Officer of the area who takes care of making available necessary training and other resources to LIC agents.

Who is an eligible LIC agent in Delhi:

  • Freshers
  • Self-employed
  • College students
  • House wives,
  • Tax Practitioner
  • Sales/Marketing Professionals,
  • Brokers
  • Teachers
  • Bankers/Loan Providers
  • Accountants/Chartered Accountants
  • Consultants
  • Businessmen
  • Retired person

The list can be unlimited and includes almost everyone who fulfills basic qualification of age and education i.e. 18 years + 10+2 pass.

LIC has started paying attractive fixed emoluments to its agents over and above the commission they earn. Besides there are several facilities that one can enjoy as s/he gets ahead. There are many clubs with multiple benefits that one can join and earn both money and recognition not only national but in the international arena too. Some of the common benefits that LIC offers include:

  • Fix emolument + Attractive commission for long-term i.e. 35% of the premium in the first year of the policy + 5% every year till the maturity of the policy.
  • Several performance incentives.
  • Interest free loan for all your needs.
  • Commission to nominee in case of death of the LIC agent.
  • Retirement benefits including pension and gratuity.
  • Club memberships with multiple benefits viz.  BM Club, ZM Club, Galaxy Member, Corporate Club, The Chairman’s Club, etc.
  • International recognition in the form of Million Dollar Round Table (MDRT)

If you are looking for a full time / part-time job or an additional source of income for you in the state of Delhi, just fill in the form below and we will get you back shortly.

We are looking for candidates in the following areas of Delhi:


Frequently Asked Questions by Candidates willing to join LIC of India as Insurance Agent in Delhi

How can I become an LIC agent in Delhi?

Simply submit the form given above or call us at 9044336644 to join LIC as an Agent in Delhi 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 Delhi?

If you want to join LIC in Delhi 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 Delhi?

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 Delhi?

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 Delhi who have years of experience. They will groom you, train you and make you a successful LIC agent in Delhi. They will always guide you and teach you on various methods to achieve various targets, club memberships, MDRT and other rewards and recognitions.

Benefits of Becoming LIC Agent