Become LIC Insurance Agent
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An LIC POSP agent is someone who helps clients choose the right insurance and earns a commission from the insurance company. This is a work-from-home opportunity, so you can sell insurance whenever and wherever you want. Keep reading to learn how to become an LIC insurance agent.
Benefits
Flexible Working Hours
Get a Good Income
Be Your Own Boss
Unlimited Growth Opportunities
Work from Anywhere
Wide Range of Products to Sell
Help People
Zero Investment
Build Your Network
Eligibility Criteria to Become a LIC Insurance Agent
- 1 You should be 18 years old or older.
- 2 You must have passed the 10th class.
- 3 You need to have an Aadhaar card or PAN card linked to your bank account.
- 4 You must complete the 15-hour IRDAI training and get the certificate.
- 5 You should have a bank account in your name.
Process of Becoming LIC Insurance Agent with Square Insurance
Step 01Go to the Square Insurance website and fill out the POSP application form.
Step 02Upload the necessary documents.
Step 03Attend the required 15-hour training.
Step 04After training, take the POSP insurance agent exam online or offline.
Step 05Once you pass, sign an agreement and you can start selling insurance from anywhere.
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FAQs
Yes, anyone who meets the minimum age requirement of 18 years can become an LIC agent. You need to pass the necessary training and exams to start working as an agent.
LIC agents earn based on the policies they sell. Their income depends on their performance and the number of policies they sell. They can earn commissions, bonuses, and incentives, which can vary.
Yes, being a LIC agent can be a good career for people who enjoy working with others, have good communication skills, and are motivated. It offers flexibility and the potential for high earnings through commissions and incentives.
The LIC agent exam is not very tough, but you need to study well for it. It mainly tests your knowledge of insurance products, rules, and regulations. With proper preparation, you can easily pass the exam.
LIC agents do not have a fixed retirement age, as they work on a commission basis. However, many agents continue working as long as they want, depending on their health and preferences.
A person must be at least 18 years old to become an LIC agent. There is no upper age limit, so anyone can become an agent if they are physically and mentally fit.
You can visit the official LIC website, fill out the online registration form, and upload the necessary documents. After filling out the form, you can pay the required fees and proceed with the application process.
Registration fee: ₹150
Online training fee: ₹150
IRDAI online exam fee: ₹150
To become a direct LIC agent, you need to complete the registration process, undergo training, and pass the IRDAI exam. Once you complete all the steps, you will be officially registered as an LIC agent and can start selling policies.
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