The life Insurance Corporation of India provides a plethora of opportunities to youngsters to become a life insurance agent. Spread across eight zonal office, 13 divisional office, 2,048 branch offices and satellite offices in 1275, lIC has power over its 1.16 lakh employees and more than 1.2 million agents. An 18-year old and above who have passed Class XII can apply to be an lIC agent. To apply, they can go to the lIC branch office application or contact the branch director.
lIC provides training of 50 hours to the candidate where they get all information relating to all the aspects of the life policy. After successfully completing training, they have to give Insurance Regulatory and Development Authority online pre-licensing exam. Those who get through the exam, are issued a license to work as an insurance agent and will join as a squad member to Development Officer or Chief life Insurance Advisor.
After becoming Insurance agents, they recommend the best plan to their clients. As an agent, you are a true entrepreneur, sail your own customer has the freedom to choose and make your own money and that too without any capital investments.
lIC gives awards to their agents for their performance and various competitions that are conducted throughout the year. After working more than three years as an agent, they are entitled to attractive commissions, gratuity, office allowance, pension by new pension scheme facility, furniture allowance, two wheel or four wheelers for a debt-free advances, group insurance or group medi claim schemes, chance to win prizes in various competitions, hereditary commission, housing loan facility etc.