SOME OF THE MAJOR ADVANTAGES OF LIC AGENTS
35% Commission On 1st Year Premium
Earn high
commission on the policies. You will get 35% commission on 1st year premium,
then 7.5% for 2nd and 3rd year + 5% commission till the policy ends.
Flexible
Working Hours
As a LIC Agent, you
can work Part time/Full time as per your convinience. You can also work as a
agent with your existing job, giving you full work flexibility.
Minimum
Interest Loan Only For LIC Agents
You will get
intrest free (0% Intrest) loan for purchasing Laptop, 5% to 7.5% Intrest on
housing loan + attractive Two & Four wheeler loan.
Complete
Training & Awards From LIC
You will recieve
complete training from the LIC Development Officer, so you can perform better
and excel in your career. Also best performing agents get yearly awards.
Unlimited
Income Opportunities
As a agent you can
earn as per your performance with no upper limit on your income. Top performing
agents become part of Million Dollar Round Table: a global forum that salutes
the world’s successful Agents.
Gratuity
Up To 3 Lacks + Full Mediclaim Cover
As a agent you are
entiteled to recieve gratuity and full mediclaim cover from LIC
The Main Job Of LIC Agent Involves
LIC has specialised to Agents in form of different types Club Members according to their business done in an year as well as persistency with clients .LIC Agents are benefited as their club membership. LIC Agent Club Member Benefits depends on performance in a financial year . Every Club membership has different criteria to qualify. Its a high motivation and a recognition in society to earn MONEY and respect as LIC Agency. It may be one of the great reason to become LIC agent in Mumbai and other metros.
Club Memberships
- B.M.Club membership
- D.M. Club membership
- Z.M. Club membership
- C.M. Club membership
- M.D.R.T
- COT
- TOT
- Corporate club membership
Benefits of LIC Club members in brief as below
- Car or motorcycle Loan (Interst free)
- Housing Loan (@5.5% up to 18.5 lac)
- Office allowance up to Rs. 350000
- Computer Loan Advance (Interest free)
- Furniture Loan Advance (Interest free)
- Telephone / Charges
- Mode of Travelling (Convention)
- Mode of Travelling (Training)
- Out of Pocket Expenses (Convention)
- Group Term Assurance (Up to 65 years)
- Momento in Lieu of Group Insurance (above 65 years age)
- MediClaim
- Computer Advance
- Computer Maintenance Allowance
- Additional office Allowance (For less lapsation)
- Int. Free advance for purchase of office equipment
- Festival Advance
- Sales promotional gift items
- Certificate
- Badge (on entry only) Red Blue Green
- Letterheads / Envelopes (Number)
- Visiting Cards (Number)
- Diaries and Calendars
- Yogakshema (House Magazine)
- Daily Allowance (A/B/C City on Tour)
- Graded Benefits for High performers
- Office Allowance to prospective
Gratuity
Agents are entitled to get the gratuity at age 60/65 years after serving for minimum 15 years. At present the Maximum Gratuity amount payable is 10,00,000/- depending up on the amount of renewal commission paid during last 15 years before age 60.
Agent ELIGIBILITY CRITERIA
Fees
