Insurance Sales Executive

The LIC Bima Sakhi Scheme is a 3-year stipendiary program for MEN AND WOMEN (aged 18–70, 10th pass) to act as rural insurance agents, promoting financial literacy and selling life insurance policies. Participants receive specialized training, a monthly stipend (₹8,000–₹6,000 over three years), and commissions, offering flexible, self-employment opportunities to empower women. licindia.in +2

Key Job Responsibilities of a Bima Sakhi:

• Insurance Promotion: Educate rural households about the importance of life insurance, especially focusing on underserved communities.
• Policy Sales & Support: Actively sell LIC insurance policies, assist in filling out applications, and help with documentation to secure coverage.
• Customer Service: Guide clients through the policy, premium payments, and the claim settlement process.
• Field Work: Act as a local point of contact for insurance needs within their village or Gram Panchayat, particularly for members of Self-Help Groups (SHGs).
• Financial Literacy: Educate the community on financial planning and insurance products. ClearTax +3

Job Structure & Benefits:

• Stipend: ₹8,000/month (Year 1), ₹7,000/month (Year 2), and ₹6,000/month
• Commission: In addition to the stipend, Bima Sakhis earn commissions on policy sales.
• Flexibility: The role allows for part-time or flexible working hours, often suitable for homemakers.
• Training: Comprehensive training is provided on insurance products and financial concepts. licindia.in +5

Eligibility & Selection:

• Gender: Only for women.
• Age: 18–70 years.
• Education: Minimum 10th pass.
• Selection: Involves passing a pre-recruitment test prescribed by IRDAI.