G Raghavendra Prasad

Development Officer

Authorised Officer for Agents Recruitment, Training & Business Development

Contact No: +91 9618634105

Benefits of LIC agency

Benefits of LIC Agency as a Career:

  • LIC agency is considered today as the highest paid profession in the world.
  • You have freedom to set your own working hours.
  • You have the opportunity to earn as per your potential.
  • The remunaration given to Insurance Agent is by way of Commission.
  • Based up on the type of Product Sold by the Agent the commission gets varied.
  • There are various types of Products available with LIC.
  • Commission for the Products are given below.
Product Type 1st Year 2nd, 3rd Year 4th - Till End
Endowment 25% 7.5% 5%
Money-Back 20% 7.5% 5%
Single Premium 2% - -

Additionally, Bonus Commission is payable which is 40% of First Year Commission.