What is the qualification for LIC agent?

Eligibility Criteria for LIC Agent Exam

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 recognised board. The candidate must accomplish 100 hours of training at a LIC training centre.

Besides, What is the salary of LIC post?

The basic pay in the LIC ADO salary is

Rs 21,865/- per month

. However, there are other lucrative allowances and perks, along with the basic pay in the salary structure.

…

Keeping this in mind, How can I become a LIC agent?
Here are the steps to apply for becoming an LIC agent:

1. Visit the official website of LIC.
2. Click ‘Be an Agent (Individual)’ under Join Our Team menu tab.
3. Click ‘Apply-Now’ located on right side of the page.
4. Fill in the application form to take it ahead with the branch office.

What is the salary of LIC agent in India?

How much does a Insurance Agent at Life Insurance Corporation of India make? The typical Life Insurance Corporation of India Insurance Agent salary is ₹3,58,568 per year. Insurance Agent salaries at Life Insurance Corporation of India can range from ₹48,896 – ₹9,56,094 per year.

How do LIC agents earn?

Though, Agents earn the commission for the policies they sale. LIC offers 25% to 35% commission on the policy premium for the first year, then 7.5% for 2nd & 3rd Year + 5% till the policy maturity.

What is do post in LIC?

LIC Development Officers Examination leads to the recruitment of the Development Officers who belong to the class II officer category. They are in charge of their territory for the development of insurance policies.

Is LIC assistant permanent job?

LIC Assistants have a probation period of 1 year from the date of joining. This period can be extended to up to 2 years. The probationary period is subject to changes. In the government sector, the probation period of applicants is the amount of time an applicant must give to become a permanent employee in the agency.

Is LIC exam tough?

The Detailed LIC AAO 2019 prelims analysis for 4^th May shift 2 is given below: Quantitative Aptitude section was moderate. The English Language was easy-moderate. Reasoning ability was also easy-moderate.

Is it worth to become LIC agent?

2] Attractive Remuneration: LIC offers one of the best remuneration systems in the industry that not only takes care of your current earnings, but also guarantees an earning for the future. As LIC agent, you can set your own income targets with a potential to earn as much as you want for the rest of your life.

What is the maximum age to become LIC agent?

Minimum age : 18 years. Maximum age : No upper age limit. Minimum Educational Qualification : 10th standard / SSLC / Any equivalent exam. Existing Private Insurance Company Agents / Advisors can also apply.

What is the fees of IRDA exam?

250/- and Exam Fee per Paper is Rs. 300/-, payable by Demand Draft only drawn in favour of “Insurance Institute of India, payable at Mumbai. 10. If you have a Surveyor license issued by the Authority (IRDA), please state category: .

Is it good to become LIC agent?

1] Joining A Successful Team: By joining LIC as agent, one will be a part of the country’s finest team of life insurance Agents. … 2] Attractive Remuneration: LIC offers one of the best remuneration systems in the industry that not only takes care of your current earnings, but also guarantees an earning for the future.

Is there any fees for LIC agent?

Fees for LIC Agent Exam. Registration Fee: INR 150. Online Training Fee: INR 150. Study Material/ Book: INR 200.

What are the benefits of LIC agent?

Benefits

• Rewarding Career. …
• A Successful Team. …
• Attractive Remuneration. …
• Independence. …
• World-Class Training. …
• Commitment To Career Agency System. …
• Infrastructure Support.

Do LIC agents pay first premium?

Generally, the commissions start from around 10% to 15% of your premium. This is for the first premium. … The next three years, the agent will get around 7% as commission and the rest of the term, 5%. So the higher the premium you pay, the more the agent benefits.

Do LIC agents get stipend?

LIC Agent also gets a monthly stipend of INR 80 to 90 lakhs per year from LIC. … Retirement benefits or the gratuity up to INR 200,000 will be given if the agent completes the business guarantee of the 15 years.

What is the meaning of do in LIC?

L.I.C D.O – L.I.C. Development Officer’s Exam.

How can I become an ADO officer?

Steps to Apply for HPSC ADO Recruitment 2021

1. Visit the Official Website of HPSC.
2. Go to the “Advertisements” section.
3. Register & Login.
4. Fill in all the required information, pay the application fees, upload documents & submit.
5. Download the form & take a printout for future reference.

How can I become ado?

LIC ADO Eligibility Criteria:

1. Age: The age of a candidate applying under the general category must be between 21 years and 30 years as on May 01, 2021 (as per last notification) …
2. Educational Qualification: Candidates with a bachelor’s degree in any discipline can apply for LIC ADO exam.
3. Experience: …
4. LIC ADO prelims Exam.

Can LIC assistant get home posting?

On the post of ADM and above ADM you will be posted in a Divisional or a Zonal offices only. For the first 2.5 to 3 years you’ll remain at your place of posting and on completion of 3 years you will definitely be transferred to your desired place at your Home Branch.

Is LIC assistant job good?

Salary structure of candidates recruited in LIC is as per 7 th pay commission. Candidates are paid various allowances, benefits and perks along with salary. The LIC Assistant Salary one of the best in class and other benefits along with learning and growth opportunities make it a rewarding career option.

What is Inhand salary of LIC assistant?

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Is it difficult to crack LIC AAO?

LIC AAO should not be taken lightly. Only 1 in 1000 manage to crack the exam. This year LIC has released 218 total vacancies for AAO & AE. Lakhs of aspirants will apply for the post and competition for the same will be high.

Which is better LIC or SBI?

LIC has released the LIC AAO 2019 Recruitment Notification.

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LIC AAO vs SBI PO – BOND:

Which is bigger LIC or SBI?

If State Bank of India (SBI) is the elephant in the Indian financial system, then LIC would be a whale with a balance sheet size of ₹ 21.24 trillion, almost equivalent to that of the largest lender. It is not far behind in one asset quality yardstick as well.