Become an LIC Agent in Kerala

Kerala is the state formed by aligning all Malayalam speaking areas together in 1956. It is at 21st position in terms of area and 13th in terms of population among the states of India. It is surrounded by Tamilnadu, Lakshadweep. Thiruvananthapuram is the capital of the State. It is famous for spice production and export of the same throughout the world which also makes it the 10th largest economy in the country. Employment in Kerala is in a good position because of the strong contribution of the service sector in the State. Many insurance companies are operating actively in Kerala among which LIC is the only public sector enterprise.

LIC is among the most successful life insurance companies in Kerala with control over more than 75% of the life insurance business in the state, followed by Bajaj Allianz and ICICI Prudential with around 8 and 6 percent of business share respectively. Despite the highest market share LIC is still aggressive to increase awareness of life insurance among the mass and continues to recruit LIC agents in the state of Kerala.

LIC has determined the same criteria for selection of LIC agents throughout the country and Kerala is not an exception. Anyone above 18 years of age and educated upto 10th standard at the least is a potential candidate for LIC agency. LIC has not made experience a prerequisite condition for its agent and awards equal opportunity to perform and demonstrate their abilities to every individual, both male or female. Even those already working somewhere and willing to add another source of income to their portfolio are allowed to work as an LIC agent.

LIC allows its agents to work from home at your own convenience days and hours of the week. While it supports its team with competitive training and resources available to agents of other insurance companies in the industry, it sets you free to work the way as you please to. Anyone, including:

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

can join LIC as an agent or acquire agency of LIC and work from his/her own office along with other relevant occupation viz. accounts, taxation, brokerage, consultancy etc.

The reason behind unbeatable market share of LIC in Kerala is the handsome emoluments and benefits it offers to LIC agents in the State. As it is said earlier, LIC does not discriminate among its agents anywhere in the country and provides them all sorts of facilities required to conduct their business competitively. The performance based benefits that LIC offers to its agents is at part with any other player in the industry. Some of the common benefits that it offers to each of its successful agents is as under:

  • 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 part-time or full time job in Kerala with flexibility and facilities, join LIC. Just fill in the form given here and we will get back to you with the details.

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

Benefits of Becoming LIC Agent