How would you like to make extra money at the same time you work your full-time job?
Being a part-time LIC agent might be just the thing. According to recent data, part-time LIC agents can earn between ₹7,000 to ₹25,000 per month with their primary job. Sounds appealing, right?
Read on if you are interested in becoming a part-time LIC agent in the new year 2025.
Without the complicated terms or overwhelming details, this guide will break down everything you need to know—from the eligibility requirements to the earning potential.
Table of Contents
Why Becoming a Part-Time LIC Agent is a Smart Choice?
People have started to learn how to become part-time LIC agents to earn extra income.
In Koppal District alone, LIC opened 500 part-time agent positions in early 2024. It’s a strong signal that LIC is taking a real interest in growing its part-time workforce.
What’s even more interesting?
Nearly 79% of insurance agents already use their AI tools to make their work easier. With this, it becomes easier to work part-time as a LIC agent than ever before. You can work flexible hours, use AI to do repetitive work, and really build good client relationships—all while making good money. Learn the Psychology of Insurance Sales from this legendary guide.
What Are The Eligibility Requirements for Becoming a Part-Time LIC Agent ?
Let’s first cover the basics of how to become a part-time LIC agent before you begin the process.
They are surprisingly easy:
- Educational Qualification – Higher qualifications are a plus but not mandatory; the minimum qualification is a 9th standard pass.
- Age Limit – Must be between the ages of 18 to 30 (relaxations are as per government norms).
- Nationality – Must be an Indian citizen.
- Accessibility – Ideal for students, homemakers, or side hustlers due to low entry barriers.
Learn about the detailed Process To Become a LIC Agent here.
How to Become a Part-Time LIC Agent in 6 Simple Steps?
Step 1: Application and Registration
The first step on how to become a part-time LIC agent is submitting an application form. After that, a Development Officer from LIC will contact you and explain the process and answer all the questions. The purpose of this step is to know everything about the role and the expectations involved before proceeding.
Step 2: Submit the Required Documents
After you’ve made the decision to move forward, you then have to submit the following papers:
- 4 passport-size photographs
- Age proof (Aadhar card, birth certificate)
- Educational certificates (10th or 12th mark sheet)
- PAN card
- Address proof (utility bill, rental agreement)
- Cancelled cheque
One of the biggest reasons applications are rejected is because of missing documents. And so, be sure everything is put in place!
Step 3: Pay the Fees
Becoming an LIC agent costs very little. You’ll need to pay:
- ₹150 for registration
- ₹150 for training
- ₹500 for the IRDA exam
That’s just ₹800 in total! With this, now you know how to become pa art-time LIC agent is a low-cost and high-return option.
Step 4: Complete the Training
You’ll need to complete 25 hours of training either online or offline. This training will cover:
- LIC’s product range
- Sales techniques
- Client relationship management
- Policy terms and conditions
This helps you to get trained before you can confidently handle client queries and policy-related tasks.
Step 5: Pass the IRDA Examination
The next is the IRDA exam, which is conducted by the Insurance Regulatory and Development Authority. It is a 50-mark test, and to pas,s you need to score at least 17 marks.
The concepts of basic insurance, LIC products, and client handling are covered in this exam. If you did the training seriously, it isn’t too hard.
Step 6: Get Your License
Once you pass the IRDA exam you are given an LIC appointment letter and are allowed to sell policies as an official agent. Check out our beginner’s guide on How to Become A LIC Agent.
Become LIC Agent with Expert Assistance
How to Become a Part-Time LIC Agent in 6 Simple Steps?
Step 1: Application and Registration
The first step on how to become a part-time LIC agent is submitting an application form. After that, a Development Officer from LIC will contact you and explain the process and answer all the questions. The purpose of this step is to know everything about the role and the expectations involved before proceeding.
Step 2: Submit the Required Documents
After you’ve made the decision to move forward, you then have to submit the following papers:
- 4 passport-size photographs
- Age proof (Aadhar card, birth certificate)
- Educational certificates (10th or 12th mark sheet)
- PAN card
- Address proof (utility bill, rental agreement)
- Cancelled cheque
One of the biggest reasons applications are rejected is because of missing documents. And so, be sure everything is put in place!
Step 3: Pay the Fees
Becoming an LIC agent costs very little. You’ll need to pay:
- ₹150 for registration
- ₹150 for training
- ₹500 for the IRDA exam
That’s just ₹800 in total! With this, now you know how to become pa art-time LIC agent is a low-cost and high-return option.
Step 4: Complete the Training
You’ll need to complete 25 hours of training either online or offline. This training will cover:
- LIC’s product range
- Sales techniques
- Client relationship management
- Policy terms and conditions
This helps you to get trained before you can confidently handle client queries and policy-related tasks.
Step 5: Pass the IRDA Examination
The next is the IRDA exam, which is conducted by the Insurance Regulatory and Development Authority. It is a 50-mark test, and to pas,s you need to score at least 17 marks.
The concepts of basic insurance, LIC products, and client handling are covered in this exam. If you did the training seriously, it isn’t too hard.
Step 6: Get Your License
Once you pass the IRDA exam you are given an LIC appointment letter and are allowed to sell policies as an official agent. Check out our beginner’s guide on How to Become A LIC Agent.
How Much Can You Earn as a Part-Time LIC Agent?
LIC agents earn through commissions—the more policies you sell, the more you earn:
- 25% to 35% on first-year premium
- 7.5% on second and third-year premiums
- 5% on remaining years’ premiums
Selling a ₹50,000 policy can earn ₹12,500 to ₹17,500 in the first year alone. You can learn more about How LIC Agents Earn Money? here.
What Common Mistakes to Avoid When Becoming a Part-Time LIC Agent?
It’s easy to learn how to become a part-time LIC agent, but there are a few errors you must avoid:
- Incomplete paperwork – One missing document can delay your application.
- Failing the IRDA exam – Make sure you prepare well and are clear with the concepts.
- Lack of follow-ups – Most clients have multiple interactions before they take the policy.
- Overpromising – Maintain trust by being honest about policy terms.
Final Thoughts
It’s not as hard as it sounds to figure out how to be a part-time LIC agent. It’s very simple, the price is low, and there is high earnings potential.
All it takes is 25 hours of training and a simple exam, and you’ll be on your way to making passive income while keeping your full-time job.
If you’ve been considering ways to make extra money, this might just be your sign of how to broaden your horizons. Follow the steps to become a part-time LIC agent and start a secure financial future!
