A brief about LIC
LIC is a leading life insurance company which has a customer base of more than 250 million individuals. Call it trust in the company or the company’s domination over the insurance market, LIC has been one of the most preferred life insurance companies. The company has a range of insurance plans at its disposal. You can also join LIC and become an LIC agent. In fact, a career in insurance agency is beneficial because it promises good incomes. If you want to become an LIC agent, there are some formalities which you need to go through to get a license. Let’s understand what these formalities are -
- You have to register with LIC
- Take a training to understand the concept of insurance
- Appear for an exam prescribed by IRDAI
- Clear the exam and get the license to act as an LIC agent
What is LIC agent training?
As per the guidelines laid down by the Insurance Regulatory and Development Authority of India (IRDAI), class-room training is mandatory before an individual becomes an agent of an insurance company. The duration of the training depends on the type of agency you apply for. So, if you want to become an LIC agent, you have to undertake the prescribed training of 25 hours to get knowledge about the concepts of insurance.
Why is training required?
Insurance is a technical concept. Before you venture out to sell insurance policies, you should understand the basic concepts and working of insurance. These concepts are also tested in an examination which is conducted by the Insurance Regulatory and Development Authority of India (IRDAI) to ensure that the agent license is given to individuals who understand how insurance works. Thus, to teach you the concepts of insurance, how it works and how to sell insurance policies and also ensure that you clear the exam, training is required.
Benefits of LIC agent training
- You can clear the IRDAI exam with the knowledge imparted in the training
- You become a knowledgeable insurance agent who understands the different aspects of insurance
- You can answer your customer’s queries about the technicality of insurance when you have such knowledge yourself
Know more about LIC agent training
To become an LIC agent, you have to undertake classroom training for 25 hours. This training is prescribed by the Insurance Regulatory and Development Authority of India (IRDAI). The training is conducted either at the divisional offices of LIC or its training centres. Some of the branches and offices of LIC are as follows –
LIC branches and offices
|LIC of India, Delhi CAB 1021||LIC of India, Delhi CAB 1021 18/60, GEETA COLONY Delhi 110031|
|LIC of India, Bombay Branch Office||883, 1st Floor East Wing Yogakshema Mumbai 400021|
|LIC of India, Calcutta (CBO-7)||LIC of India, Calcutta (CBO-7) 64 Ganesh Chandra Avenue Calcutta 700013|
|Hirak Avenue, Nehru Park||Hirak Avenue, Nehru Park, Vastrapur, Ahmedabad 380015|
|NO.8, 17TH STREET,||NO.8, 17TH STREET,, 3RD MAIN ROAD, NANGANALLUR, CHENNAI 600061|
For other offices near your area you can refer the link: LIC office addresses
Also, read about LIC agent exam and how to prepare for the exam.
How Mintpro helps?
Mintpro allows you to become a Point of Sales Person (PoSP) and sell insurance policies for both life and general insurance companies. Moreover, you get the option of selling life insurance policies of LIC and other leading life insurance companies when you choose Mintpro and become a Point of Sales Person (PoSP).
The training required for becoming a Point of Sales Person (PoSP) is imparted by Mintpro as per the syllabus prescribed by the IRDAI. There are simple online training modules which you can access on your smartphones and computers. You don’t have to attend any classroom training and can train on your mobile or computer from the comfort of your home or office.
The training duration is 15 hours and the online videos make the whole training process easy and simple to understand.
After completing the training modules, you can appear for a simple online examination which is conducted by Mintpro. Once you clear the examination you get the license toact as a Point of Sales Person (PoSP) and sell insurance policies of multiple companies.
So, choose Mintpro and become a Point of Sales Person (PoSP). You can not only act as an agent of LIC but also as an agent of other insurance companies, for both life and general insurance.
Know more about How much money will I earn selling insurance?
Know more about How to sell LIC insurance policy using Mintpro
It was impossible for me to attend LIC agent training because I have a full-time job. I wanted to become an LIC agent and chose Mintpro. I was able to take training on my mobile at my free time. It was really convenient.
I knew LIC agent training was required to become an LIC agent but I was hard-pressed for time. I applied with Mintpro and they let me take trainings online from anywhere. It was really easy
Mintpro’s agent training is a great way to become an insurance agent and sell policies of LIC as well as other companies
LIC agent training required me to attend classroom training while Mintpro gave me the online option. Needless to say the online mode is better as it is more convenient.