Part Time Gig for Millennials in Chennai
Part Time Gig for Millennials in Chennai
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Job Description
Are you Looking for a genuine and good Secondary Income Then do apply for this job.
Earn up to 35 as an incentive bonus for all your work without any targets or work pressure
Job Description
An Agent basically needs to sell the Insurance products of LIC to potential customers and get a commission out of it. Its not necessarily a field job but can also be done online sitting in the comfort of your home.
Its a commissionbased job with no commitments so its up to the agent to take it as a fulltime or parttime career.
Products of LIC
- Endowment Plans that cover life risks and provide savings/huge amounts of money.
- Pension Plans which will cover life risks and provides periodical payouts
- Investment Plans such as ULIPs will give you Mutual Funds along with Life Cover
- Terms Plan which covers your life risk at a minimal premium
- Health Plans which will cover your hospital expenses along with the life risk
What an Agent needs to do
- Prospect a customer and sell them the product they need.
- Follow up on the customer so that the agent will get a good renewable commission
Commission Cycle
- Twice every month 1st and 16th
Remuneration
- For Policies with Terms of more than 15 years: 2510(bonus) commission for all the first year premiums then in the second and 3rd years yeah the agent will get 7.5 each followed by the agent will get 5 every year throughout the policy term.
- Term 1014 years: 208(bonus) for 1styear premium then in the second and 3rd year yeah the agent will get 7.5 each followed by that the agent will get 5 every year throughout the policy term.
- Term 59 years: 104(bonus) for 1styear premium and then the agent will get 5 every year throughout the policy term.
- For other terms the Commission is based on the products
Why Would a customer wants to buy a LIC Policy
- To Cut the Taxes since all the premiums paid to a LIC Life insurance policy is exempted from tax up to 150000 according to Section 80C of the IT Act and all premiums paid to LICs Health Insurance policies are exempted from tax up to 50000 according to Section 80D of IT Act.
- And The Maturity or Death benefits of LIC are Exempted from tax according to Section 1010D) of the IT Act
- Good Investment Insurance opportunity as the customer not only gets Life cover but also various Bonuses on maturity from LICs Annual Profits which is huge compared to any other financial organization in India.
Contact Us
Jithin J Prasad LIC Development Officer Chennai
- Email:
- WhatsApp/Phone:
- Website: www.jithinjp
Employment Type
Full-Time
