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Subhash Staff answered 6 months ago
Becoming a LIC (Life Insurance Corporation of India) agent involves a few key steps including meeting eligibility criteria, undergoing training, passing an exam, and submitting required documents. Here’s a detailed guide on how to become a LIC agent:
1. Eligibility Criteria
Age: You must be at least 18 years old.
Educational Qualification: Minimum educational qualification is a pass in 10th grade (SSC or equivalent).
2. Training
Duration: You need to undergo a mandatory training of 25 hours, which is conducted by LIC. This training covers various aspects of life insurance, LIC policies, and the sales process.
Content: The training includes topics such as insurance concepts, policy types, financial planning, marketing strategies, and customer handling techniques.
3. Exam Details
Conducting Body: The exam is conducted by the Insurance Regulatory and Development Authority of India (IRDAI).
Format: The exam is online and consists of multiple-choice questions.
Syllabus: The syllabus includes topics covered during the training, such as insurance principles, LIC products, regulations, and ethics.
Passing Marks: Generally, you need to score at least 35% to pass the exam.
Registration: Register for the exam through the LIC branch office where you applied. The branch office will guide you through the registration process for the IRDAI exam.
4. Documents Required
Application Form: Duly filled application form available at LIC branch offices or on the LIC website.
Photographs: Recent passport-sized photographs.
Age Proof: Birth certificate, passport, or other valid age proof documents.
Educational Qualification Proof: Copies of educational certificates.
Address Proof: Aadhar card, voter ID, passport, or utility bills.
PAN Card: Copy of PAN card.
Other Documents: Any other documents as specified by the LIC branch office.
5. Getting Started Process
Contact LIC Branch: Visit your nearest LIC branch office and express your interest in becoming a LIC agent. You can find the nearest branch using the LIC Branch Locator.
Meet Development Officer: The branch will assign you to a Development Officer who will guide you through the entire process.
Submit Application: Fill out the application form and submit it along with the required documents to the Development Officer.
Undergo Training: Complete the mandatory 25-hour training program.
Appear for Exam: After completing the training, register for the IRDAI exam through the LIC branch office and appear for the exam.
Get Licensed: Upon passing the exam, you will receive an appointment letter and an LIC agent license, allowing you to start selling LIC policies.
Start Selling: Begin your career as a LIC agent by selling policies, acquiring clients, and earning commissions.
Reference Websites
Becoming a LIC agent can be a rewarding career with the potential for significant earnings and professional growth, especially if you have good networking and sales skills.
Anvi Staff answered 2 years ago
Becoming an LIC (Life Insurance Corporation of India) agent is a career choice for many people in India who are interested in the insurance industry.
Here are the steps you need to follow to become an LIC agent:
- Meet the eligibility criteria: To become an LIC agent, you must be at least 18 years old and have passed class 10th or equivalent examination. You should also have good communication skills and a passion for helping others.
- Attend the pre-recruitment training: LIC offers pre-recruitment training to individuals who are interested in becoming agents. The training program is designed to help you understand the insurance industry and the role of an LIC agent.
- Apply for the LIC agent exam: After completing the pre-recruitment training, you can apply for the LIC agent exam. The exam is designed to assess your knowledge of the insurance industry and your ability to sell insurance policies.
- Pass the LIC agent exam: Once you have applied for the exam, you will need to pass the exam to become an LIC agent. The exam consists of multiple-choice questions and is conducted by the LIC.
- Complete the required documentation: Once you have passed the exam, you will need to complete the required documentation, including a background check and verification of your identity.
- Get appointed as an LIC agent: After completing the required documentation, you will be appointed as an LIC agent and will receive your appointment letter. You will then be able to start selling LIC insurance policies and earning commissions.
It’s important to note that becoming an LIC agent requires hard work and dedication. You will need to build relationships with potential clients, understand their insurance needs, and sell policies that meet those needs. However, if you are passionate about helping others and have good communication skills, becoming an LIC agent can be a rewarding and lucrative career.