Tips for becoming an LIC/Life Insurance Corporation Agent

 

How to become an LIC/Life Insurance Corporation Agent

The complete guide to becoming an LIC agent with MintPro

How to become an LIC/Life Insurance Corporation Agent:

For those who dream of unlimited income, being an LIC agent and selling insurance is a great way to get a career of your choice. Many people want to be an insurance agent for this.

About LIC/ Life Insurance Corporation:

Life Insurance Corporation of India (LICI) is the first choice of most for life insurance. Because this company is the first insurance company in India and has the most time in the insurance market, insurance agents and customers also rely on LIC. LIC was formed in 1956 as the only company in the Indian insurance market. From that day until the year 2000, the year when private companies started entering the insurance market, LIC did business alone. Even though there are still more than 20 insurance companies in the market, LIC has maintained its reputation.

So, if you also want to be an LIC agent, follow these steps-

Necessary steps to become an LIC agent

1. Required Qualifications:

To become an LIC agent, you need to meet certain qualifications to apply for the agency.

You must be at least 18 years old.

If you live in a rural area, you have to pass at least 10th class. If you live in an urban area, you have to pass at least 12 classes.

If you meet these eligibility requirements, you can become an LIC agent by proceeding with the following steps. The significant steps to become an LIC agent are as follows-

2. How to become an LIC agent:

You need to contact LIC's Branch Manager or Development Officer for an offer to become an agent.

The manager or officer of LIC will conduct an interview to verify your suitability as an agent of the company.

If you are considered eligible for the agency, you must be registered for the IRDAI exam.

After registration, you will be sent to LIC's Divisional Office or Training Center where you will have to undergo training for 25 hours as prescribed by IRDAI (Insurance Regulatory and Development Authority of India).

Upon completion of the training, IRDAI (Insurance Regulatory and Development Authority of India). You will have to sit for an exam conducted by.

You must pass this test with a minimum of 40% marks.

Upon passing the test, you will be issued an appointment letter and a license to work as an LIC agent.

Once licensed, you become a certified LIC agent who can sell life insurance plans offered by LIC

Advantages of being an LIC Agent:

The carrier is benefited by many individuals when it comes to selling an insurance policy. Do you know why

There are many benefits to becoming a LIC agent. What do they want to find out? To read -

High Income Opportunities:

As an LIC agent, you are your own boss. You can work at your desired time. It doesn't work like 9am to 5pm. You can even do this from home.

Convenient working hours:

As an LIC agent, you are your own boss. You can work at your desired time. It doesn't work like 9am to 5pm. You can even do this from home.

Extra earnings:

Being an LIC agent has nothing to do with whether or not you currently work. You can become an insurance agent for extra income.

No leisure:

In addition to unlimited earning opportunities, insurance companies offer you the opportunity to work indefinitely. Since this is your business, you can sell insurance policies for as long as you want.

Another way is to be a Point of Sale Person (POSP)

Become a POSP (Point of Sale Person), not just an agent with LIC.

What is POSP (Point of Sale Person)?

A POSP (Point of Sale Person) is a new type of agent created by the Insurance Regulatory Development Authority of India (IRDAI). A POSP (Point of Sale Person) can sell policies not only to LIC but also to other life insurance companies. Also if you are a POSP (Point of Sale Person), you can sell general insurance policies of different companies. Thus, POSP (Point of Sale Person) gives you a greater opportunity.

How to become a POSP (Point of Sale Person) with MintPro:

To become a POSP (Point of Sale Person) you need to be at least 18 years old.

On the other hand, in case of educational qualification, if you live in rural area, you have to pass 10th class and if you live in urban area, you have to pass 12th class. So, it is very easy to be a POSP (Point of Sale Person).

You can register online to become a POSP (Point of Sale Person) on the MintPro website.

Then you have to take 15 hours training which is much easier than LIC training. Moreover, there is no need for classroom training. There are online training modules that you can access on the MintPro website. Mobile application.

Once the training module designed by MintPro is completed as per the syllabus prescribed by IRDAI, an examination conducted by MintPro is conducted. You can take the test through computer or laptop and at your convenience. .

After passing the exam, you will receive a license to work as a POSP (Point of Sale Person).

The advantage of being a POSP (Point of Sale Person) with MintPro

In addition to providing all the opportunities to become an LIC agent, MintPro also offers you additional opportunities. With MintPro you get the following benefits-

You can sell life and general insurance policies with just one license.

Can act as a representative of multiple insurance companies including LIC.

Simple training modules will help you understand the details of insurance.

MintPro not only allows you to easily become a POSP (point of sale person), while it also provides complete online insurance support. As a result, if you want to be an LIC agent, you can be with LIC and sell only LIC policies or you can choose MintPro and get the opportunity to sell insurance plans of numerous companies including LIC. Therefore, if the insurance agency is your preferred career, choose MintPro and enjoy the various benefits.