LIC Agent Online Training

Can you tell me about the job profile of LIC - Life Insurance Corporation of India Agent in terms of responsibility and work as I am planning to join as a one?

[Shaleen]

LIC - Life Insurance Corporation of India Agent is noble profession to provide Life Security to the people of India. One contributes to the Economic Development of India. One’s average income of Top 20% of LIC Agent is above 12 Lac per annum.

Job Profile
Prospecting
Need Analysis
Plan Presentation
Closing of Sale
After Sales Service

Responsibility of LIC Agent

Get the proposal form properly filled in by propose get payment towards proposal deposit and get medical and other tests, whenever needed, properly completed.

Make sure that premiums are paid regularly by the policyholder.

See that age of the life assured is admitted in all policies.

Advise and help policyholders in effecting nomination/ assignment.

Try to prevent lap of policies.

Render all assistance to policyholders in effecting change of address, to revive their policies, to claimants in complying with all the requirements for settlement of claims.

Work of LIC Agent

Secure names of people who are likely to need life insurance.

Meet those people at times convenient to them and during the interview, uncover the insurance needs.

Rouse one to the needs and present life insurance plans that satisfy these needs within the capacity to pay the premium.

Make all reasonable enquiries regarding their health, habits, family history, moral hazard etc. and satisfy oneself about the insurability before recommending the proposals.