Why Join Us

Become an LIC agent today, read below to know why


Working Conditions

Most insurance sales agents are based in small offices, from which they contact clients and provide information on the policies they sell. However, much of their time may be spent outside their offices, travelling locally to meet with clients, close sales, or investigate claims. Agents usually determine their own hours of work and often schedule evening and weekend appointments for the convenience of clients. Although most agents work a 40-hour week, some work 60 hours a week or longer. Commercial sales agents, in particular, may meet with clients during business hours and then spend evenings doing paperwork and preparing presentations to prospective clients.

Employment

Insurance sales agents held about 11,00,000 jobs in 2005. Although most insurance agents specialize in life or general insurance, a growing number of “multi-line” agents sell all lines of insurance.

Training, Other Qualifications, And Advancement

For insurance sales agent jobs, most companies and independent agencies prefer to hire college graduates—especially those who have majored in business or economics. High school graduates are occasionally hired if they have proven sales ability or have been successful in other types of work. In fact, many entrants to insurance sales agent jobs transfer from other occupations. In selling commercial insurance, technical experience in a particular field can help sell policies to those in the same profession.

Join LIC Of India

  • Life Insurance Corporation of India
  • LIC is the No. 1 brand in service sector and 240 million + lives are part of LIC of India.
  • LIC is the biggest life insurer in the world.
  • Best infrastructure – 2048 LIC branches (fully computerized) 1275 satellite offices, more than 1.16 lac employees and 11.72 lac agents.
  • LIC policy for all segment.
  • Transparency operations.
  • Best practices in the industry.
  • Excellent claim settlement ratio.
  • Sovereign guarantee to customers.

Awards

2012-2013

  • Country's largest insurer Life Insurance Corporation of India (LIC) has paid Rs 1,436.38 cr to the Government of India as dividend for 2012-13.
  • LIC had declared a valuation surplus of Rs 27,291.22 crore for the financial year ending 2013.
  • LIC is the biggest life insurer in the world.
  • LIC has received a total premium income of Rs 208589.72 crore as against Rs 202802.90 crore in the previous showing a growth rate of 11.90 per cent.
  • The total life fund of LIC stood at Rs 1433103.14 crore as against Rs 1283990.72 crore in the previous year.
  • The total assets of the company rose to Rs 1560481.84 crore from Rs 1417891.79crore in the previous year.
  • During 2012-13, LIC settled more than 1.89 crore claims for an aggregate amount of over Rs7222.90 crore.