Part Time and Full Time Jobs in Adyar
Part Time and Full Time Jobs in Adyar
Posted on :
11-04-2025
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1 Vacancy
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Job Description
LIC Agent Information
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 cover life risks and provide periodical payouts.
- Investment Plans such as ULIPs that give you Mutual Funds along with Life Cover.
- Term Plans which cover your life risk at a minimal premium.
- Health Plans which cover your hospital expenses along with life risk.
What An Agent Needs To Do
- Prospect a customer and sell them the product they need.
- Follow up with the customer so that the agent will get a good renewable commission.
Commission Cycle
- Twice every month 1st and 16th.
Remuneration
- Stipend & Commission Incentive
Why Would a Customer Want to Buy a LIC Policy
- To cut taxes since all the premiums paid to a LIC life insurance policy are 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.
- 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.
- Liability insurance
- Retirement planning
- Middle age corpus building
- Educational corpus
- Wedding corpus
- Heritage corpus
- Single living
- Life long income
- Earning accumulation
- Tax free income
- Tax free fund transfer
- Estate creation
- Wealth accumulation
- Corpus building
- Trust donations
- Couple living expenses
- Funeral expenditure
- Religious functions
- Assignment
- Financial planning
- Soverign Gurantee
- Travel planning expenses
- Assured Returns
- Insured Returns
Contact Us
P Hemachandran LIC Senior Business Associate Chennai
- Email:
- WhatsApp/Phone:
Employment Type
Full-Time
Key Skills
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