How to become LIC agent in 2024: A Complete Guide

How to become lic agent - PaisaWapas

LIC online: Are you looking to earn commission in the best way? If so, a LIC agent is a preferable choice in recent times. By becoming a LIC agent you can help the people with insurance. But do you know how to be a lic agent? You can explain the policy and benefits they get and how it can protect their future and their family’s future. This is also one of the great ways to earn money by selling these policies. You have more control over how much and when you work because it is a job where you choose your own hours. Additionally, you gain a lot of financial and insurance knowledge that will benefit your personal life. It’s a means of generating income and improving people’s lives at the same time. However, in this blog, we will see in detail how to become lic agent in 2023:

Who is the LIC agent?

A person who works for LIC and assists people to buy LIC policies is called a LIC agent. And their main role is to explain the LIC’s different plans to people and make them buy an insurance policy by helping them. Once the customer buys the insurance policy, the LIC agent gets a good commission.

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LIC agent

Exam Name LIC Agent Exam
Exam conducting body Life Insurance Corporation of India (LIC)
Exam mode Online (Computer Based Test)
Total duration 120 minutes
Passing marks 50%
Exam language English and Hindi

LIC Agent: Exam Pattern

The exam pattern comprises three stages: Phase I – Prelims Exam Phase 2 – Main Exam Phase 3 – Interview

LIC Agent Exam: Syllabus

Additionally, the following topics makes up the LIC Agent exam syllabus:

How to Become LIC Agent: Online Procedure

The LIC agent online registration process is simple and also an easy process. The lic agent recruitment follows several steps. Below will look for the steps on how to become a LIC agent:

1. LIC agent registration:

LIC agent registration is the primary step to becoming a LIC agent. Online and offline are the two ways to register yourself as a LIC agent.

You need to enroll in the pre-exam training course of 25 hours duration once you complete the registration process. You can take the training online or offline based on your convenience. You will learn about the life insurance business and its principles. Also the rules and regulations & about governing body of the insurance industry which is the Insurance Regulatory and Development Authority of India (IRDAI).

3. IRDA Online exam:

After successful of Completion of training, you need to give online examination conducted by the insurance regulatory and development authority (IRDA).

4. Get your LIC Agent License!

After successful Completion of the examination you will be awarded an Appointment Letter by the IRDA to work as an insurance agent. You will be appointed as an LIC Agent

Role and Responsibility of LIC Agent

Skills Needed For LIC Agent

How To Become LIC Agent: Eligibility

To join lic agent, you must pass the pre-licensing examination given by the Insurance Regulatory and Development Authority of India (IRDA). To take the test, you must fulfill the conditions outlined below:

Further, if any queries are related to the LIC agent it is preferable to use lic customer care login to get clarity.

LIC Agent: Exam Fees

Candidates on the NSEIT website must pay the IRDA exam fees. After entering their unique registration number (URN), candidates will be directed to a website where they can use a credit card, debit card, or net banking account to pay the required amount. According to bank policies, transaction fees and service taxes will be charged when fees are paid. The next day, you will receive the exam schedule if you have successfully paid the IRDA exam fee.

LIC agent exam

LIC Agent Preparation Process

Preparing for LIC agent exams requires a systematic and thorough approach. Here are steps to help candidates excel in the exams:

Documents Required to Apply For LIC Agent Requirement

After receiving your agency form and supporting papers successfully, the LIC Branch Manager will conduct a formal interview before issuing you an appointment letter and ID card for the lic login agent.

LIC Agent Commission Rates For 1st Year:

Benefits of LIC Agents?

1. Flexible Work Schedule:

You may balance your career and family lives with a flexible work schedule as an agent for the LIC. The benefits of lic agents will add a good work schedule.

2. Lucrative Earnings:

With the opportunity to earn commissions on each policy sold and renewal premiums, LIC Agents have the potential to generate significant revenue.

3. Unlimited Earning Potential:

You cannot set a salary limit for yourself as a LIC agent. You can earn more money by selling more insurance plans.

4. Job Security:

With the booming life insurance market, there is a significant need for LIC Agents. This translates into stability and employment security.

5. Professional Development:

You may have the chance to advance your professional abilities in areas like sales and marketing, communication, and customer service by working as an LIC Agent.

6. Helping Others :

It may be a very satisfying experience to assist people in protecting their families and assets through life insurance coverage as an LIC agent.

Benefits of LIC Agent App

LIC provides its agents with a mobile app to manage the sale of different life insurance plans. This lic agent portal app is beneficial for both iOS and Android users. Users can get this app from the respective app stores. The main characteristics of the LIC Agent App are listed below:

Final Thoughts:

You will be a true business owner as an Agent. You are free to work for yourself, select your clients, and generate your income. All of this without any prior financial commitment. The above listed are the clear points you can consider on how to become lic agent in 2023.

FAQ’s:

What is the time to become LIC agent?

It takes just two weeks to complete all the process to become LIC agent.

Who can join to be LIC agent?

10 th pass candidates are eligible for LIC agent

Why people choose to become LIC agent?

People choose to become LIC agent because of the convenience, benefits and commission.