Are you planning to become an agent of LIC? Great choice! It is a highly fulfilling line of work in which you cannot only positively influence people’s lives by guiding them to ensure a stable financial foundation for their future, but at the same time ensure a stable income for yourself as well.
But if you are asking yourself, “How soon is it possible to start?” Don’t worry we are here for you. We have simplified the whole process for you to become an LIC agent.
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Who is an Agent of LIC?
An LIC agent is an individual who assists people in getting the appropriate insurance products from LIC. This job might be compared to that of a matchmaker, but instead of people, you are going to match a person with an ideal insurance plan. LIC agents are responsible for customer interaction and they are the ones who discuss the policy benefits with the customers and make sure they fill in all necessary documents. Besides, one can earn commissions for each policy sold— convenient for everyone, isn’t it? Learn more about How To Become LIC Agent
How Long It Takes to Become an Agent of LIC?
First, let’s understand how long will it take to become an agent of LIC. Understing the timeline –
- Registration and Interview: 2–7 days
- Training: About a week, if the timetable of the project is strictly followed.
- Exam Preparation and Results: Another week
- License Issuance: A few more days
Thus, to sum up, it may take nearly 2 to 4 weeks to become an LIC agent. Pretty quick, right?
What Are Quick Steps to Become an Agent of LIC?
It is not rocket science to become an agent of LIC. Here’s a quick roadmap:
1. Visit Your Nearest LIC Office
The first step is to get to the nearest LIC branch that you can find and inform them of your interest. They will refer you to a Development Officer who will be able to walk you through the process. You can also directly approach The Ajay Gupta Team to become an LIC Agent.
2. Give an Interview
You’re required to give an interview. No need to panic! The interview is simple. They’ll ask generic questions to determine your level of fluency in communication skills and a small sales interest. You can learn more about Essential LIC Agent Skills
3. Complete Training
If the interview is successful- you will proceed to a training session. This is where you get to know about all the LIC policies, how to go about selling them, and some guidelines. The training typically takes 25 to 50 hours, and most people complete the course within a week or two. With Team Ajay Gupta, you’ll get expert guidance & learn essential skills to join LIC of India.
4. Pass the IRDAI Exam
Once you complete your course, you are also required to appear for an examination, known as IRDAI or the Insurance Regulatory and Development Authority of India. It is an online test and if you have been following the training sessions, then you should not find it very challenging. You can learn more about the eligibility criteria to become an LIC agent – Click here
5. Get Your License
After you pass your exam, LIC will then issue a license to you. And there you have it, you are now a licensed agent of the Life Insurance Corporation!
What Can Slow Down From Becoming An LIC Agent?
Sometimes, you might slow down the process of becoming an LIC agent. Understanding the below reasons can prevent you from getting delayed in becoming an LIC agent –
- Inappropriate Training Schedules: Training sessions may not occur regularly in any branch so you might have to wait for the next one.
- Exam Preparation: Thus, if you are out with insurance terminologies, you may require more time for preparing the IRDAI exam.
- Branch Delays: LIC’s offices could be different in the speed of document processing. Hence, delaying the process of becoming an LIC agent.
Hence, it is really important to choose the right team to get trained & join LIC soon as a business partner. Choose the best mentor & start preparing with them. If you are in Bangalore, you can approach our team where the training is offered at the best standards with no delays in the documentation process.
Why You Should Choose LIC As A Career?
To give the right reasons to choose LIC agent as your career, here are a few to justify them. Let me spill the beans here –
- Flexible Work Hours – You’re your boss! Freedom to work whenever and in whichever way the employee chooses.
- Unlimited Income – Your profits directly correlate with the number of policies distributed or the amount of insurance policies sold. Simple math, right?
- Job Satisfaction – You are ensuring people shield their dear ones and make the best of whatever time is still in store for them. Well, that is one pretty awesome feeling.
- No Big Investment – In contrast to establishing the business, it does not cost the person much to become an agent of LIC.
You can also get access to LIC Club Membership with better achievements as an LIC agent. Learn more about Club membership here. Also, some unknown mistakes can affect your career as an LIC agent. Click here to know more.
How to Make It Big as an LIC Agent?
An expert tip from our experienced team for you—perseverance and consistent work go a long way.
Initially, getting clients and establishing a trust may take time especially when starting. But once they know you and your work, you will hardly be short of clients or customers.
Pro tip: Be friendly, keep in touch often, and always remember that your clients come first.
This might help you – 5 Common LIC Agent Challenges & How To Overcome Them
Our Expert Final Thoughts
It is wise and rewarding to become an agent of LIC. It is a simple process that only takes a few weeks to complete. Once you have received your training from LIC, you will be all set to begin assisting people and generating your income. Find out the Top 5 Agencies to Become an LIC Agent
So, what are you waiting for? Start today and before you know it, you shall be rocking your place as an agent of the LIC!
