Become an LIC Agent in Maharashtra

Maharashtra is second among the most populated states and third among the largest states of India. Maharashtra is surrounded by Karnataka, Goa, Telangana and Chhattisgarh. Mumbai is the capital of the State which is shifted to Nagpur for the Winter session of the state legislature. Maharashtra tops among the most industrialized states in India. Mumbai, the commercial capital of the country, hosts headquarters of many national and international conglomerates. Employment rate is also much better in the state and many people from all over the country migrate to the state in search of employment. Insurance sector is also proliferating in the state.

LIC is among the most successful insurance service providers in the state of Maharashtra and covers the largest area geographically too. As the economy is growing fast, people are getting more and more aware of the importance of insurance policies and so is increasing investment in insurance of all types. More and more people are investing in life insurance, pension plans, education plans and more. Insurance agencies are also contributing greatly to the employment of locals and the ration is growing rapidly. LIC is always recruiting agents to grow business and at the same time allow equal opportunities of growth to anyone willing to join it.

Whether you are a fresher or an experienced individual, whether you are unemployed or already employed somewhere at some position, even if you are engaged in a self-occupation or business or practice of some sort, you can become an LIC agent and add a new stream of income to your reservoir. LIC does not put any sort of restriction on its agents and anyone can join it by fulfilling minimal formalities and start earning. Some of the categories of people who can become an LIC agent are:

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

Besides, there is no restriction of a typical 9 to 5 or 10 to 6 job. An LIC agent is free to decide his/her own working hours. You can work part-time, full-time or at weekends whatever suits you the best is acceptable as long as you are doing it earnestly and honestly.

LIC is far ahead in terms of offering benefits to its agents. The commission structure is at par with industry norms and competitive enough to give you a reason over other occupations. LIC also provides sufficient training and supervision required at any stage of the activities. It even supports in every manner to help you start your own office of LIC agency and become a professional LIC agent. Some of the benefits that LIC offers to its agents are:

  • 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 thinking of starting a new job, business or occupation in Maharashtra, or add a new revenue stream to your portfolio, think of becoming an LIC agent. Anyone above 18+ years of age and 10th pass is an eligible candidate to apply for LIC agency in Maharashtra. If you are ready for a rewarding career option, just fill in the form given here and we will get back to you.

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

Benefits of Becoming LIC Agent