Lic has a huge range of products to offer and it often becomes difficult to choose the right fit. You make your own rules, meeting schedule, growth plans, sales target, etc. August 2, 2010, c kapoor, comments off on benefits of merging. Being a compulsory saving in case of taxsavings,it gives returns to you also in form of survival benefits at crucial stages of your life such as childs education, marriage,renovation or purchase of a new accommodation. Opportunity comes to everyone and the same thing happened to me. The presentation gives the viewer a bird\s eye view about lic \s life insurance agency and it\s benefits. I received a call from lic office that if i want i can change my policy from customer to agent to company to customer,which will help me in getting the dividends given by the company. The plan comes out with the needful financial protection support death throughout the term of the plan. His income is nearly 12 times more than the chairman of lic. The life insurance of india lic exam happens to be most competitive one. Aspirants ought to have passed the prerequisite test from a certified board. As part of the policy, 20% of sum assured is paid as survival benefit at the end of 5, 10 and 15 years. Income, respect, tours, office, laptop, seminars, cars, housing loan etc. Lic jeevan sangam plan is a non linked profit plan, which provides high level of death cover during the policy term.
We are giving the benefits those, which you will get by becoming a lic club member. Lic agent commission chart 2017 pdf lic agent portal lic of india. Provide efficient after sales service and claims settlement. Virendra kumar, is a lic development officer, and well known name to train lic agents and awarded from lic for training agents, help housewives, middle class families to earn extra money without as part time. Benefits information above is provided anonymously by current and former life insurance corporation of india employees, and may include a summary provided by the employer. It is the largest insurance company in india with an estimated asset value of. Lic jeevan sangam plan is a close ended plan which would be open for a maximum period of 90 days only. Also, a simple reversionary bonus is payable on maturity. Joinlicindia how to join lic in mumbai career with lic in. Lic agent club member benefits lic agent recruitment for. Lic agent in delhi i want to join lic, how to join lic as. Eligibility for lic agent ic38 online mock test for lic. Lic agents are official insurance advisors who explain you about the lic policy and in return, they earn the.
They sell policies depending on the policyholders living and economic conditions. Money plusi lic policy, mortgage redemption lic policy, new bima gold lic policy, new janaraksha plan lic policy, new jeevan dharai lic policy, new jeevan surakshai lic policy, profit plus lic policy, shiksha sahayog yojana lic policy, the convertible term assurance policy lic policy, the endowment assurance policy lic policy, the. Life insurance corporation of india employee benefits and. Lic is the most trusted brand when it comes to life insurance. In corporate context, merging refers to the combination of two different companies, resulting in the formation of a new company.
Being a compulsory saving in case of taxsavings,it gives returns to you also in form of survivalbenefits at crucial stages of your life such as childs education, marriage,renovation or purchase of a new accommodation. By joining us, you will be a part of the countrys finest team of life insurance agents. Many people aim to become lic agent to help them know the unlimited. Common reasons to merge pdf documents following on from our how to guide on merging pdf documents using infix, weve become aware that not everyone uses this feature, partly because they dont have the need or dont understand why merging different pdf documents may be beneficial to their workload. You can find out which branch of lic your policy file will be serviced either from your agent or from the pay roll department of your employer. A mail merge, also know as variable data printing vdp, is the process of integrating raw data from your mailing list with a template.
The ideal thing to do whenever you start preparing for an exampost is to go through its job profile, salary and prospects of career growth. In a case of the death of an agent, the commission payable to him shall be payable to the nominee or legal heir of the agent. We are a professionally qualified and authorized agent of lic of india being in service from past 10 years servicing local clients in. In return, the insurer guarantees monetary protection to the insured in case of any accident or mishaps. In addition, they are supposed to be aged 18 years or above. Lic jeevan saral plan has been withdrawn by lic and is not available for sale and purchase. Every year, thousands of candidates apply for various posts. Lics new money back plan 20 years is a nonlinked participating policy which in addition to periodic payment on survival at specific periods during the term. A job in the insurance sector is regarded as one of the most preferred career options nowadays.
Dec 25, 2019 learn about life insurance corporation of india, including insurance benefits, retirement benefits, and vacation policy. Lic is the financial security of your family after you in case of some mishappening. Lic agent benefits this video is dedicated to give latest information about lic agent benefits. Application form proposal form along with the photo. Lic agent in delhi i want to join lic, how to join lic as agent. Their participation towards encouraging people to secure own and others life has enabled them to think ways on how to join lic as agent. It is a very good opportunity for the aspirants who really want to make their career in the insurance sector. Lic ajay gupta is a onestep resource for all you want to know about join lic as agent, procedure to become lic agent, lic agent commission, lic agent exam and more. Various benefits available to the club member of the lic are fringe benefits. Lic has released the notification for the recruitment of ado i. You can also get additional riders like accidental death benefit along with the benefits. Post navigation pdf documents following on from our how to guide on merging pdf documents using infix, weve become aware that not everyone uses this feature, partly because they dont have the need or dont understand why merging different pdf documents may be beneficial to their workload.
Oct 10, 2014 not just 1 or 2 or 3 or 4the list of benefits of joining lic as agent are many. You have to pay the premium for every policy term in lic. The act of joining two things, where the individual identities of both are lost is known as merging. To retain fleeing agents, lic hikes gratuity to rs 3 lakh. If lic agent works he will get income from lic and if does not then no income will come to him but there will be no loss to him. Lic endowment policy provides financial support to the family members of the policy holder at any time during the policy period. Learn about life insurance corporation of india, including insurance benefits, retirement benefits, and vacation policy.
C heriditory renewal commission, gratuity, term insurance and group insurance. Eligibility for lic agent ic38 online mock test for lic agents. Stand out from the crowdthis career opportunity is not for everybody,it is only for those who want to be somebody. Advantages of being an lic agent are many, but you have to work hard to earn this entrepreneur tag, as they say with big power comes big personality. Want to become lic agent in delhi, join lic as agent and earn how much you can just require 12th pass and 18 years completed. 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. India has about 40% of young population at present i. Venus academy, former japan kobe pharmaceutical university pdf 20092011. Lic of india, established under lic act, 1956 is recruiting graduates to work as insurance advisor fulltimeparttime. C eligibility for renewal commission, gratuity, embg and samvardan pension scheme. If someone pays lic premium online, does an agent get a commission. The income level of this group is rising and with increasing life expectancy and concept of nuclear family the need for life insurance will also increase. Benefits of joining lic as agentjoin lic as advisor.
Chapter1 introduction of lic life insurance is actually an agreement between the insured and the insurer in which the policy holder accepts to pay regular premium to the insurer. Benefits of becoming lic agentbusiness opportunities. Chief sba in preparing agents kit comprising of manual for. Jan 14, 2020 lic is an indian stateowned insurance group and investment company. The difference you make to their lives is more rewarding and satisfying than you could ever imagine. Identifying the prospective customers and fixing appointment. Lic is life insurance corporation, which has been active for quite a long in securing life, health, homes, and even vehicles of an individual. List of all latest lic of india insurance policies.
Sep 26, 2015 this entry was posted in insurance and tagged career as lic agent, how to become lic agent, join as lic agent in hyderabad, lic, lic agents benefits, lic agents career, lic of india, procedure to become lic agent. Mail pieces that include variable data printing always have a higher rate of. Lic agent benefits are of two types they are survival benefits and death benefits. I do not want my agent should get this because she never supported me after i made the payment. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Lic money back plan is a popular insurance policy in india. So, we thought of easing this for you and bring the best 5 policies offered by life insurance corporation of india. Benefits of becoming lic agent benefits of lic agency. Post navigation lic agent club membership benefits. This plan besides the death and maturity benefits, comes with loan facility. Lic agency is a business which is non loss making business. These steps have been explained here for the benefit of our agents, both new and. Life insurance corporation of india policy guidelines. Lic agency is a game of numbers, more the customers, more will be the income of the agent.
Lic advisor gets income in form of commission on premium amount which you will get from your customers. Job profile of lic agentthe main job of lic agent involves. Becoming an lic agent is very simple nowadays, just need to go to any branch of lic meet development officer called as d. Best 5 lic policies to invest in 2020 policybazaar. You can get different benefits by taking lic endowment plans like death benefit and maturity benefit. It is basically an endowment assurance plan under which the proposer has simply to choose the amount and mode of premium payment. Suggesting suitable plans that fulfil the needs as agreed by the prospect.
Know more about the benefits of becoming an lic agent 1. Joinlicindia how to join lic in mumbai career with lic. In its bid to arrest the high attrition levels and encourage them to do more business, the national insurer life insurance corporation has hiked gratuity for its over a million agents to rs 3 lakh. Are you lookin for any of the following lic policies.
I grab the opportunity and joined the most trusted brand organsiation lic of india as lic agent in 1992. Lic is quite selective when it comes to recruitment of candidates. There is a total of 8581 vacancies to be filled under the same. I just want to confirm is there anything like company is paying dividend to. Among advantages of joining lic as an agent include the option of working either full or parttime and unlimited earning. Exceptionally talented undergraduates will also be considered. We are a professionally qualified and authorized agent of lic of india being in service from past 10 years servicing local clients in india and nri insurance clients abroad. I realized that it is a mine of gold and the right profession fulfill all dreams of my life. You will help people realise their dreams by fulfilling their financial goals.
You can buy the lic jeevan tarun children money back plan from the nearest lic branch office or through online at the lics official website or from the lic agent. Lic agent commission is nothing but the commission that an lic insurance agent gets from the corporation. This entry was posted in insurance and tagged career as lic agent, how to become lic agent, join as lic agent in hyderabad, lic, lic agents benefits, lic agents career, lic of india, procedure to become lic agent. Become lic agent in bangalore join lic as agent call. May 21, 2019 it is a very good opportunity for the aspirants who really want to make their career in the insurance sector. Lic agent benefits check survival and death benefits. Earn as much as you can, besides serving the society. This results in a unique mail piece that is customized to each recipient.
Lic club membership benefits include various benefits available to the agents who are members of any of the clubs of the lic. Convincing the prospect that you have suggested the best possible solution for his needs and ask for the order. Ever expending unlimited income write your own cheque 3. Under the existing rules, an lic agent gets rs 1 lakh as gratuity on leaving the service after 15 years.
Let us go through the lic ado salary structure in todays post. Life insurance corporation of india corporate office. Pdf attrition of agents in indian life insurance companies. Lic agent benefits this video is dedicated to give latest information about lic. Lic agent is a person who is familiar with the knowhows of all the policies and the nature of policies. Lic agents help families and individuals with different insurance policies to give them protection of life, health and property. Apr 01, 2016 death benefits under lic agent benefits 1. Lic agent club member benefits depends on performance in a financial year.
Pdf the insurance industry in india is primarily human intensive, and insurance business is. Welcome to lic india agent an insurance and tax planning firm based in india, mumbai. You will need to know which branch of lic services your policy because you will require their help in getting your maturitysurvival benefits, for any alterations like change of address and for availing. Unlike endowment plan in money back plan you will get benefits as periodic payments during the policy period until the policy holder survives. The documents required for buying lic jeevan tarun plan no. First n foremost thing for lic agency is to earn while learning process. Jul 11, 2016 lic jeevan tarun policy buying process.
962 1121 1459 182 679 947 340 94 869 1231 1324 801 1526 1309 886 1004 1186 425 1398 354 1009 37 470 1284 1420 183 1387 1073 838 818 338 1067 1032 1449 495 1057 1260 528