LIC is the most respectable and recognized name in the Financial Markets. In the minds of crores of Indians, LIC is the Most Trusted Organization. Therefore LIC has become synonym of Trust and Faith. Truly said "Trust,thy name is LIC".
Today Life Insurance selling is one of the most rewarding careers with unlimited income potential. there is NO ceiling on your earning. with the rising income level of all Indians and lower penetration of Insurance Business. Vast untaped area is available for all.
Being an LIC Agent Earning has no limit. Just see the two examples. The hypothetical example shown in Table "A" proves that if you bring 52 Policies every year continuously for 10 years, with premium of 1,000 per annum your earning will Zoom from 1.04 lac in 1st year to 3.58 lacs in 10th year and it will continue till all the policies are matured. |
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| Table A : |
Commission earned out of premium collected in . |
| YEAR |
POLS.SOLD |
AVG.PREM. |
TOTAL PREM. |
1ST YR. |
2ND YR. |
3RD YR. |
AFTER 3RD YR. |
EARNING DURNING YEAR |
| 1 |
52 |
10000 |
520000 |
104000 |
0 |
0 |
0 |
104000 |
| 2 |
52 |
10000 |
520000 |
104000 |
36400 |
0 |
0 |
140400 |
| 3 |
52 |
10000 |
520000 |
104000 |
36400 |
36400 |
0 |
176800 |
| 4 |
52 |
10000 |
520000 |
104000 |
36400 |
36400 |
26000 |
202800 |
| 5 |
52 |
10000 |
520000 |
104000 |
36400 |
36400 |
52000 |
228800 |
| 6 |
52 |
10000 |
520000 |
104000 |
36400 |
36400 |
78000 |
254800 |
| 7 |
52 |
10000 |
520000 |
104000 |
36400 |
36400 |
104000 |
280800 |
| 8 |
52 |
10000 |
520000 |
104000 |
36400 |
36400 |
130000 |
306800 |
| 9 |
52 |
10000 |
520000 |
104000 |
36400 |
36400 |
156000 |
332800 |
| 10 |
52 |
10000 |
520000 |
104000 |
36400 |
36400 |
182000 |
358800 |
|
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| In Table "B" we have shown a real life example of an Agent who has started Agency Profession in 2003-04 with 3.67 lac of Income in 1 st year. Today his earning is 37.56 lacs. Unbelievable....but true. |
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| F.YEAR |
NEW BUSINESS |
COMMISSION |
| Pols. |
PREMIUM |
1 ST YEAR |
BONUS |
RENEWAL |
OTHER |
TOTAL |
| 2003-2004 |
210 |
1661721 |
252322 |
103438 |
9342 |
2802 |
367904 |
| 2004-2005 |
302 |
1595919 |
508515 |
197834 |
107222 |
2723 |
816294 |
| 2005-2006 |
306 |
2178159 |
490089 |
186865 |
242762 |
1 |
919717 |
| 2006-2007 |
328 |
2351413 |
603964 |
231205 |
363631 |
725 |
1199525 |
| 2007-2008 |
305 |
3096835 |
822825 |
327850 |
476470 |
1400 |
1628545 |
| 2008-2009 |
301 |
6858405 |
1606136 |
640298 |
532632 |
14700 |
2793766 |
| 2009-2010 |
162 |
4732508 |
1741988 |
695193 |
1239224 |
79915 |
3756320 |
|
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| Eligibility Condition :- |
| a) |
Any male / female over 18 years. |
| b) |
12th Std. Pass (for Mumbai)
Other Requirements according to IRDA Rules |
| a) |
50 hours pre-recruitment Training (Offline / Online) |
| b) |
Examination of Insurance Institute of India has to be passed. After this you will be issued a "Licence" by IRDA which allows you to start this great Profession, which provides you following benefits :- |
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Commission depending upon Your business.
With continuity and increase in the business, income will also increase as mentioned in Table A & Table B given in previous pages. |
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Bright Future and Excellent Career Opportunities in the form of "Club Membership" which entitles you for following benefits :- |
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Housing Loan (Current Rate of Interest 5.25%) for CM / ZM / DM Club Members. |
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Car, Two Wheeler Loan (Free of Interest for CM /ZM / DM / BM Club Members). |
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Office Equipment Advance (Free of Interest for CM /ZM / DM / BM Club Members). |
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Laptop / Computer Advance (Free of Interest for CM /ZM Club Members) |
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Office Allowance, Telephone Allowance, Sales Prom. Gifts and various other benefits. |
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Gratuity upto  2,00,000 /- |
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International Recognition through MDRT (USA) Qualification. |
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Hereditary commission, which truly proves "LIC, Zindagi Ke Saath bhi, Zindagi Ke Baad bhi". |
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No Retirement Age. |
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WHY ONLY LIC |
| - |
LIC IS the largest Investor of India In Financial Market. |
| - |
LIC has won numerous prestigious Awards of International repute. |
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Settles more than 2 claims per second |
| - |
Sold 3.88 crore policies with 42,960 crores of FPI in 2009-10. |
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Total prem. collected during 2009-10 is approx. 2,00,000 crore. |
| - |
Lic has customer base of more than 28 crore policyholders. |
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Join LIC Today and just now to Unleash the dreams of : |
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UNLIMITED EARNING. |
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BRIGHT FUTURE. |
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EXCELLENT CAREER. |
| * |
RESPECT AND RECOGNITION IN SOCIETY. |
| RECRUITMENT OF AGENTS |
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MUMBAI DIVISION - IV |
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Contact for details :- |
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HEMANT M.SHAH |
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