Are you looking for a high-earning career with flexible working hours? Becoming an LIC (Life Insurance Corporation) Agent is one of the most rewarding opportunities, offering financial stability, unlimited earning potential, and job security.
In this guide, you will learn:
✅ Who can become an LIC agent?
✅ Step-by-step process to apply
✅ How much you can earn as an LIC agent
✅ Benefits of joining LIC
✅ Support and training provided
Let’s get started!
Why Become An LIC Agent?
LIC is India’s largest and most trusted insurance provider, offering a lifetime income opportunity for those who want to grow in the financial sector. Here’s why you should consider this profession:
✔️ Unlimited Earning Potential – Earn high commissions and passive income from policy renewals.
✔️ Flexible Working Hours – Work part-time or full-time at your convenience.
✔️ Job Security & Stability – LIC is a government-backed organization with strong credibility.
✔️ Career Growth – Become a Development Officer or start your own LIC team.
✔️ No Investment Required – Unlike other businesses, you don’t need to invest money.
✔️ Help Families Secure Their Future – LIC agents play a crucial role in providing financial security to people.
Who Can Become an LIC Agent?
Becoming an LIC agent is easy and does not require prior experience. You are eligible if you meet these criteria:
🔹 Age Requirement – You must be at least 18 years old.
🔹 Educational Qualification – Minimum 10th pass for rural areas and 12th pass for urban areas.
🔹 No Prior Experience Required – Training is provided by LIC.
🔹 Good Communication Skills – Helps in building relationships with clients.
If you meet these conditions, you can start your journey today!
Step-by-Step Process to Become an LIC Agent
Step 1: Contact an LIC Development Officer
To begin, you must get in touch with an LIC Development Officer (DO) who will guide you through the process. You call now to become lic agent
Step 2: Registration & Document Submission
You need to submit the following documents for registration:
📌 Age proof (Aadhaar card, Passport, or Birth certificate)
📌 Educational qualification proof (Mark sheet or Certificate)
📌 Address proof (Aadhaar, Electricity bill, Ration card)
📌 Passport-size photographs
Step 3: Complete the IRDAI Training
Once registered, you must undergo a 25-hour training program conducted by LIC. This training covers:
✔️ Basics of insurance and LIC policies
✔️ Selling techniques and customer relationship management
✔️ IRDAI rules and regulations
Step 4: Pass the IRDAI Exam
After completing the training, you must pass an Insurance Regulatory and Development Authority of India (IRDAI) Exam. This is a simple multiple-choice question (MCQ) test, and you need at least 40% marks to pass.
Step 5: Get Your LIC Agent License & Start Working
Once you pass the exam, you will receive your official LIC Agent License and can start selling policies immediately!
How Much Commission Do LIC Agents Earn?
As an LIC agent, your income depends on how many policies you sell. The commission structure is as follows:
💰 First-Year Commission – 25-35% of the first-year premium
💰 Second & Third Year – 7.5% of the premium
💰 Fourth Year Onwards – 5% of the premium
Example: If you sell a policy worth ₹50,000 per year, you can earn ₹12,500-17,500 in the first year and additional income in the following years.
Your commission grows as your portfolio expands, making it a great long-term passive income opportunity.
Benefits of Becoming an LIC Agent
🔹 Passive Income – Even if you stop selling, renewal commissions keep coming.
🔹 No Investment Needed – Unlike businesses that require capital, becoming an LIC agent is free.
🔹 Recognition & Rewards – Earn awards, foreign trips, and performance bonuses.
🔹 Career Growth – Become a Development Officer and build your own team.
🔹 Help Families Secure Their Future – You play a role in financial protection for people.
What Support Do I Provide as an LIC Development Officer?
As an experienced LIC Development Officer, I ensure that my team members receive the best training and support. When you join my team, you get:
✅ Free Sales & Marketing Training – Learn how to sell policies effectively.
✅ One-on-One Mentorship – Get personalized guidance to grow your income.
✅ Lead Generation Support – Learn how to find potential customers.
✅ Motivation & Team Building – Stay inspired and connected with a successful network.
Join My Team Today & Start Your Journey Towards Financial Freedom!
FAQ
The minimum age limit of the LIC Agent exam is 18 years. The candidate must have completed their senior secondary education, i.e. [10+2] from a recognized board. The candidate must accomplish 100 hours of training at an LIC training center.
The earnings of a Life Insurance Corporation (LIC) agent can vary widely depending on some factors, including the volume and type of policies sold, commission rates, and performance incentives. Generally, LIC agents earn a commission on the premiums of the policies they sell. The commission structure may differ for different types of policies. Additionally, high-performing agents may receive bonuses and other incentives. It’s important to note that the income of an LIC agent is not fixed and can fluctuate based on these factors.
Are you 12th pass and have a Pan card then you can become an agent.
We will arrange your training. Post your training, you will appear for an exam by IRDA.
After passing the exam, you enroll yourself as an agent and are issued a code by LIC.
CONGRATS, YOU ARE AN AGENT NOW. START PROSPECTING.
The training lasts 25 hours and covers all aspects of the life insurance business. After completing the training, you have to appear for a pre-employment examination conducted by the Insurance Regulatory and Development Authority of India (IRDAI).