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How to become a LIC agent in Mumbai?

If you are interested in becoming a LIC agent in Mumbai, this guide will provide you with all the necessary information, including the qualifications, procedures, and benefits of this profession. So, let's dive in!

Life Insurance Corporation of India (LIC) is one of the largest insurance companies in India, providing various insurance policies and investment plans to individuals and businesses. Becoming a LIC agent is a rewarding career opportunity that offers flexible working hours, unlimited earning potential, and the chance to help people secure their future.

To become a LIC agent in Mumbai, you can follow these steps:

  1. Meet the eligibility criteria:

    You should be at least 18 years old and have a minimum educational qualification of 10th standard to become a LIC agent.

  2. Complete the pre-licensing training:

    You need to complete a 100-hour training program from a recognized institution. This training program will cover the basics of insurance, sales techniques, and product knowledge.

  3. Pass the licensing exam:

    After completing the training program, you need to pass the licensing exam conducted by the Insurance Regulatory and Development Authority of India (IRDAI).

  4. Submit the application:

    Once you have passed the exam, you can submit your application to LIC. You will need to provide your personal details, education qualifications, and training certificate.

  5. Get appointed by LIC:

    After submitting your application, you will undergo a background check by LIC. Once the verification is complete, you will be appointed as a LIC agent.

  6. Start selling policies:

    As a LIC agent, you will be responsible for selling insurance policies to customers. You can earn a commission on the policies you sell.

Note that becoming a LIC agent requires hard work, dedication, and a passion for sales. It is a rewarding career that offers flexibility and the opportunity to earn a good income.

Qualifications Required to Become a LIC Agent in Mumbai

Before you begin your journey to becoming a LIC agent in Mumbai, you must meet the following qualifications:

Age Limit: You should be at least 18 years old to apply for a LIC agent’s license.

Education Qualification: You must have passed 10th standard or equivalent exam from a recognized board.

Local Address: You should have a local address proof in Mumbai.

Good Character: You should have a good reputation in society and no criminal record.

Communication Skills: You should possess good communication skills to interact with potential customers.

Sunil Kumar
Sunil Kumar
Sunil Kumar, a personal finance blogger dedicated to helping readers achieve financial freedom through practical advice and actionable tips. He covers a wide range of topics, from budgeting and saving to investing and retirement planning, with a focus on empowering her audience to take control of their finances and build a secure future.
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