Insurance Agent/Advisor

An LIC (Life Insurance Corporation of India) Insurance Agent is a professional who works as an intermediary between the company and potential policyholders to sell insurance policies and provide financial protection solutions. The job involves a combination of sales, customer service, and administrative duties. Here's an overview of the typical job description for an LIC Insurance Agent:

• Job Title:

- LIC Insurance Agent

• Key Responsibilities:

- Selling Insurance Products:

• Promote and sell LIC insurance policies to individuals, families, and businesses.
• Identify potential clients through leads, referrals, and networking.
• Explain the features, benefits, and terms of various insurance policies to clients.
• Recommend suitable policies based on the client's needs and financial goals.

• Advisory Role: Advise clients on the best insurance plans suited to their financial situation. Offer expert advice on market-linked policies(ULIPs), endowment plans, Whole life plans, Term plans, Children plans, retirement plans etc.

• Qualifications: Minimum educational qualification: 10th (Higher secondary school). Preference for candidates with a bachelor's degree or any higher qualification.

• Work Environment: Typically involves fieldwork (meeting clients), and can involve working from home or from an LIC office.

• Income: Commission-based structure, with income directly tied to sales performance. Additional incentives may be offered for meeting targets.

• Bima Sakhi Scheme:

Under this scheme females can get additional support of stipend/Salary for three years by Government of India.

- Career Growth: LIC Insurance Agents can grow to become Senior Agents, Development Officers and CLIA. Performance-driven career advancement with opportunities for promotions and increased commissions.