Become an LIC Agent in Karnataka

State of Mysore was renamed to Karnataka in 1973. Bengaluru is the capital city of Karnataka. Karnataka is surrounded by Goa, Maharashtra, Telangana, Andhra Pradesh, Tamil Nadu, and Kerala. Karnataka is the 6th largest state in India by area and 8th largest in terms of population. In terms of economy, Karnataka ranks 4th among Indian states and employment is in a very good state. Employment rate is 0.7% which is much lower to the national average of 8.4% (CMIE 2016). The economic wellbeing of Karnataka makes it one of the highest potential sectors for the insurance industry. Those who earn well invest well and insurance several types of insurance products available in the market make it an attractive investment option. LIC, one of the top companies in this sector, is recruiting agents in Karnataka. Anyone willing to add to his/her income prospects can join LIC as an agent and start earning attractive emoluments and commission.

Life Insurance Corporation of India is recruiting LIC agents in all parts of Karnataka. LIC is much ahead in Karnataka not only in terms of insurance policies but also the volume of overall business it earns in the state. There are many LIC agents who are earning handsomely in the state. LIC has got a very strong network in rural parts of the state where it is still not very easy for its competitors to reach. LIC offers all types of insurance and investment options for both individual and group or corporate policies which. Affordability and suitability are the other values that LIC offers to its clients and that make it the preferred insurance company in the area. Even a person with moderate income can buy an insurance policy from LIC. If you are looking for alternate job option, a freelance career plan or just want to add another line of business or profession to your existing enterprise, you can start an LIC agency of your own and start selling insurance and investment programs to anyone you know or come across for insurance is a subject matter of solicitation and it’s an advantage to both buyer and seller.

Anyone can become an LIC agent, you can be a:

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

Those not in the list above also have equal prospects of selection as an LIC agent. All you need to become an LIC agent in the state of Karnataka is 18+ years of age and a certificate of passing 10th class. LIC doesn’t ask for any other extra qualification or experience or discriminate in any other manner among candidates viz. cast, color, gender, physical fitness or anything else.

So far as benefits and facilities are concerned, LIC is not competitive but ahead of other players in the market. It allows its agents to work freely without any restriction of fixed working hours or working days or even any restriction of area. You can expand your business wherever you have an approach. Monetary benefits that LIC members can enjoy are at part in the industry. Some of them 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 want to know what kind of a life or career you can make with LIC in Karnataka, just have a look at achievements of some of the most successful LIC agents given here. Only sky's the limit for a deserving candidate. LIC gives you the opportunity to earn both money and recognition at both national and even international level.

Job of an LIC agent in Karnataka or opening an LIC agency in Karnataka can prove to be a lucrative career or profession for you too. If you are 18+ of age and 10th assed at least, just fill in the form given here and we will get in touch with you soon. LIC calling!

Benefits of Becoming LIC Agent