FAQ's –What is in your mind?
Also known as a Financial Advisor, an Insurance Advisor provides financial advice to clients on insurance protection, saving, investment and retirement planning. Insurance Advisors complete a financial needs analysis with clients and then suggests suitable insurance plan to clients. Legally he is termed as Agent in India.
Any business minded Indian desirous of making money provided he/she completed 18 yrs of age and educated upto 10th/12th/Graduate or above can become successful insurance advisor.
Insurance advisor profession has huge and unlimited income potential. Like a Lawyer, Doctor, CA etc. it depends on your business. Considering the current scene in India, it widely ranges from Rs. 5 Lacs to 5 Crores p.a.
You need not worry. LIC will take care of everything. You will be given complete training and printed material to be successful insurance advisor. A Development Officer will be always there to guide you.
Anything you can opt. You can choose it as a full time career or a part time profession along with your main job/career.
To be successful insurance advisor you are expected to give at least 5-6 hours a week. However flexibility of time is unique advantage of this profession.
There is no target as such. But you have to work regularly to be continued as Insurance Advisor every year. The minimum requirement to continue LIC agency is 12 lives OR 1 Lac premium OR 6 lives + 50,000/- premium. More you work, more will be income.
LIC is the only Govt. life insurance organization in India with more than 70% market share. In customers mind it’s a 'Brand' with 'Trust'. Insurance advisor gets benefits just like government service apart from attractive commission.
Benefits Of Becoming LIC Advisor!
Highest Paid Profession
Flexible Working Hours
Royalty Income
Unlimited Earning
Zero Capital Investment
Life Long Pension
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