with Shri Gopichandra Megeri






At Life Insurance Corporation of India, we are encouraging individuals to join LIC of India as a insurance advisor part time or full-time. We encourage professionals to join LIC agency to make use of their professional contacts to increase their income. We encourage business persons to maximise income with use of their business skills., we encourage housewifes to make best use of their time to earn more income, and we encourage our youngsters to use their energy to crate future income.


Free training and seminars

Zero investment

Regular & attractive earnings

Flexible work hours

Financial growth

Social and professional recognition

Process to become a LIC Agent


Application for LIC Agency

You need to apply for LIC agency with proper documentation given as below and filling of application form given by us. You can visit LIC branch office for it or you can fix appointment with our team members at your work place or at your home at your convenient time to complete process.


Documentation FOR LIC AGENCY

While meeting us please carry a photocopy of these documents for your easy registration. These documents are necessary for examination and for the license to become LIC agent.

  • 4 Colour Photos
  • S.S.C/H.S.C/Graduation Marksheet
  • Aadhar card compulsory
  • Pan Card compulsory
  • Cancelled Cheque/Bank passbook

Fee structure for examination:

Registration Fee Rs. 150
Online training Rs. 50
Online exam fee Rs. 504
Total Fees Rs. 704

If you solve these 5 questions correctly then you will get free study materials.



You need to complete online or offline training of 25 hours for examination.

  • We will provide you study material with the necessary training.
  • Training will be held offline or online as per your convenience.
  • You will receive a training certificate from LIC after completion of 25 hours of training.


After successful completion of training, you need to give an online examination conducted by the Insurance Regulatory and Development Authority (IRDA). You will clear the exam after securing the required passing marks – 17/50



After successful completion of the examination, you will be awarded an Appointment Letter by the IRDA to work as an insurance agent. You will be appointed as a LIC Agent!

Benefits of becoming a LIC Agent


The work is difficult so it is worth doing. And if you put your efforts into it, you will definitely achieve good Results. Some Of the major benefits of your work as insurance advisor will be:

Commission and Renewal Commission


First Commission on sales

Under standard tables and terms, you are paid 1st year’s commission of 25% of the first year’s premium paid by the policy holders.


Bonus Commission

You are entitled to bonus commission at the rate of 40% of the eligible first year commission provided you fulfil certain requirements as to total first year’s premium secured and number of lives you have insured in your agency-year.


Renewal Commission

The agent is paid 7.5 per cent of the amount paid by the policy holders (under standard tables and terms) as the second as well as the third year’s premiums and continues to be paid renewal commission of 5% on every year’s premium paid from the fourth year onwards. Renewal commission is payable on renewal premium. Hence, you should ensure that your client keeps the policy in force. If you remind him to pay premiums, you will be rendering a good service to him.


Hereditary Commission

In case of agent’s death while his agency subsists, after agency was in force for two years or over, renewal commission will continue to be payable to his heirs or nominee provided there was a business of not less than Rs. 1 lakh in force at the time of death.


Guaranteed Income Benefit

In the event of termination of agency because of non-performance, any time after five agency years but before completion of 10 agency years, the renewal commission continues to be payable provided you had nominal business of at least Rs. 2 lakhs in force one year before cessation of agency. This condition is waived in the event of cessation after the agent has worked for ten years or more. Increasing Income Renewal Commission Term Insurance

Increasing Income Benefit

With the above recurring income-feature of the insurance compensation your income goes on steadily increasing every year. Each succeeding year’s new sales add to the renewal commission on the previous year’s business. Your renewal commission will grow faster every year, if with increasing expertise, you do more and more business as years roll by.


Retirement Benefit

Gratuity upto a maximum of Rs. 2,00,000/- is payable under Schedule VI of the (Agents) Rules, 1972 provided the agent has completed the business guarantee for at least 15 years called as “qualifying years”.


Term Insurance Benefit

Free family protection: Free term insurance is payable under Schedule VI of the (Agents) Rules, 1972 in the event of death of a confirmed agent before age 60 provided among other conditions:
(a) he was appointed before age 50
(b) he has completed at least 3 “qualifying years”
(c) his agency was in force on the date of death, and
(d) he holds an insurance policy (other than a temporary insurance policy) for at least Rs. 5,000/- at the time of death.


Club Membership

Being a member of the club carries a good deal of prestige as it provides concrete evidence in the eyes of the insuring public that you are working with a spirit of devotion, dedication and professionalism in serving the insuring public. It also entitles you to various fringe benefits according to the membership of different clubs, as following –

  1. Corporate Club
  2. Galaxy club
  3. Chairmans club
  4. Zonal managers club
  5. Divisional managers club
  6. Branch managers club
  7. Distinguish club

Fix an Appointment to discuss it.

Apply to become a LIC Agent