20+ Life Insurance Corporation of India Insurance Adviser Interview Questions & Answers | Complete Prep Guide 2025

Top Life Insurance Corporation of India Insurance Adviser Interview Questions and Answers

Q1. Who bear risk in Unit link insurance policy ?

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Q2. In which year LIC established ?

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Q3. How can you plans to meats possible clients?

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Life Insurance Corporation of India Insurance Adviser Interview Experiences

8 interviews found

Insurance Adviser Interview Questions & Answers

Anonymous

posted on 21 Jan 2025

Interview experience

Excellent

Difficulty level

Easy

Process Duration

Less than 2 weeks

Result

Selected

I applied via Newspaper Ad and was interviewed before Jan 2024. There were 2 interview rounds.

Round 1 - One-on-one

(3 Questions)

Q1. Will you be able to connect yourself to your job as a person as if you are made for it ?

Ans.

Yes, I have a strong passion for helping others and a deep understanding of insurance products.

I have a strong passion for helping others and enjoy educating clients on insurance options.
I have a deep understanding of insurance products and regulations, allowing me to provide accurate and valuable advice.
I am a good communicator and listener, which helps me build trust with clients and understand their needs.
I am detai...

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Q2. Yes . I love Jamnagarcity,it's a huge beautiful city and also called miniParis.

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Q3. This is my birth place where asias one of large refinery reliance is situated.

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Round 2 - One-on-one

(2 Questions)

Q1. Will you be able to come on time daily at mentioned time sharp?

Ans.

Yes, I am committed to arriving on time daily at the mentioned time.

I understand the importance of punctuality in the workplace.
I have a track record of being punctual in my previous roles.
I will make sure to plan my commute and schedule accordingly to ensure on-time arrival.

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Q2. Will you be able to continue job without fail means without any break at a stretch from Monday to Saturday?

Ans.

Yes, I am committed to working without any breaks from Monday to Saturday.

I am dedicated to my work and have a strong work ethic.
I am able to manage my time effectively to ensure I can work without breaks.
I understand the importance of consistency and reliability in the workplace.

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Interview Preparation Tips

Interview preparation tips for other job seekers - Be truthful and honest .If asked about family background be open if you make your professional decisions on your own and you do not depend on your husband or elder brother, or parents.

Insurance Adviser Interview Questions & Answers

Anonymous

posted on 26 Dec 2022

Interview experience

Good

Difficulty level

Process Duration

Result

Selected

Round 1 - Resume Shortlist

Pro Tip by AmbitionBox:

Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.

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Round 2 - Group Discussion

Group discussion is best option solve problems.

Round 3 - Technical

(2 Questions)

Q1. Technical knowledge important. Full attention and motivation. Mindset always required. Working experience needed .

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Q2. Interview process is very important of perfect candidate selection.

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Interview Preparation Tips

Interview preparation tips for other job seekers - Skill is important more than educational qualifications.

Insurance Adviser Interview Questions & Answers

Praful Kumar

posted on 19 Sep 2022

I applied via Referral

Round 1 - Technical

(1 Question)

Q1. You Have to give a test and by scoring good in test. anyone is elected for advisor

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Interview Preparation Tips

Topics to prepare for Life Insurance Corporation of India Insurance Adviser interview:

Insurance

Interview preparation tips for other job seekers - This is commission based job. More you work more you earn

Insurance Adviser Interview Questions & Answers

MAHIBUR RAHMAN

posted on 26 Nov 2023

Interview experience

Good

Difficulty level

Moderate

Process Duration

Less than 2 weeks

Result

Selected

I applied via Walk-in and was interviewed before Nov 2022. There were 4 interview rounds.

Round 1 - Resume Shortlist

Pro Tip by AmbitionBox:

Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.

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Round 2 - Technical

(1 Question)

Q1. Clear IC 38 computer test

Add your answer

Round 3 - Technical

(1 Question)

Q1. Solve IC 38 computer test

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Round 4 - Technical

(1 Question)

Q1. Like what is insurance?

Ans.

Insurance is a contract between an individual and an insurance company, providing financial protection against potential losses.

Insurance is a form of risk management, where the insured pays a premium to the insurer in exchange for coverage.
It provides financial compensation in case of specified events, such as accidents, illnesses, property damage, or death.
Insurance helps individuals and businesses mitigate the finan...

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Interview Preparation Tips

Interview preparation tips for other job seekers - You have to clear
IC 38 computer test

Insurance Adviser Interview Questions & Answers

Anonymous

posted on 9 May 2021

Interview Questionnaire

9 Questions

Q1. Question were asked from Nomination section 39 of insurance Act.how much Nominee can be made in one Policy?

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Q2. One and more than one

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Q3. In which year LIC established ?

Ans.

LIC, or Life Insurance Corporation of India, was established in the year 1956.

LIC was established on September 1, 1956.
It was formed by merging more than 200 insurance companies and provident societies.
LIC is the largest insurance company in India and offers a wide range of insurance products.
It operates in both life and non-life insurance sectors.
LIC has played a significant role in promoting life insurance and financ

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Q4. Who bear risk in Unit link insurance policy ?

Ans.

The policyholder bears the investment risk in a Unit Link insurance policy.

The policyholder chooses the investment fund and bears the risk of market fluctuations.
The insurance company only guarantees the death benefit or maturity benefit, not the investment returns.
The policyholder can switch between funds to manage risk.
If the policyholder dies, the nominee receives the higher of the sum assured or the fund value.
The ...

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Q5. Policy holder

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Q6. Where from insurance Business started ?

Ans.

Insurance business started in ancient times with the concept of risk sharing.

The concept of insurance can be traced back to ancient civilizations such as Babylon and China.
In the 14th century, insurance policies were sold in Italy to protect against losses due to shipwrecks.
The first insurance company in the United States was founded in 1732 by Benjamin Franklin.
Insurance has evolved over time to cover a wide range of ...

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Q7. Loyeds

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Q8. General insurance belongs to wich principles ?

Ans.

General insurance belongs to the principles of indemnity, insurable interest, utmost good faith, and proximate cause.

Indemnity principle ensures that the insured is compensated for the actual loss suffered.
Insurable interest principle requires that the insured has a financial interest in the subject matter of insurance.
Utmost good faith principle requires both parties to disclose all material facts related to the insur...

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Q9. Principles of indemnity

Ans.

Principles of indemnity refer to the concept of restoring the insured to the same financial position as before the loss occurred.

Indemnity is the basic principle of insurance
It means that the insured should not profit from a loss
The insurer is only liable to pay the actual amount of loss suffered by the insured
The insured must have an insurable interest in the subject matter of insurance
Example: If a car worth $10,000 ...

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Get interview-ready with Top Life Insurance Corporation of India Interview Questions

Insurance Adviser Interview Questions & Answers

Anonymous

posted on 20 Mar 2021

I applied via Walk-in and was interviewed in Feb 2021. There were 3 interview rounds.

Interview Questionnaire

1 Question

Q1. Question realated to Market or General Knowledge

Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - If you want to get insurance advisor position you have to study better in General or Life insurance question bank on youtube

Insurance Adviser Jobs at Life Insurance Corporation of India

View all

Insurance Advisor

Hyderabad / Secunderabad, Dhanbad +1

0-2 Yrs

₹ 0.5-1 LPA

Insurance Advisor

Bangalore / Bengaluru

₹ 0.5-0.5 LPA

Insurance Advisor

Bilaspur, Raipur

0-1 Yrs

₹ 1.5-6 LPA

Insurance Adviser Interview Questions & Answers

Anonymous

posted on 6 Jul 2021

I applied via Walk-in and was interviewed before Jul 2020. There were 2 interview rounds.

Interview Questionnaire

1 Question

Q1. How can you plans to meats possible clients?

Ans.

We plan to meet possible clients through various channels and networking opportunities.

Attending industry events and conferences
Utilizing social media platforms to connect with potential clients
Referral programs and word-of-mouth marketing
Cold calling and email outreach
Partnering with other businesses to offer joint services
Advertising through targeted online and offline channels

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Interview Preparation Tips

Interview preparation tips for other job seekers - Answer every question with confidence because you have almost have clients like friend, relationship etc so go Ahead

Insurance Adviser Interview Questions & Answers

narendra singh

posted on 9 Feb 2018

I applied via Approached by Company and was interviewed before Feb 2017. There were 4 interview rounds.

Interview Preparation Tips

Round: Test
Experience: Insurance theory

Round: Resume Shortlist
Experience: On basis clearance of test

Round: Meet with branch manager
Experience: Meeting with branch manager after 2nd round

General Tips: Excellent process of LIC..
Govt organisation, it is a established brand in insurance sector across globe.. everyone should join lic as agent or advisor either part time or full time
Skills: Communication, Body Language, Problem Solving, Leadership, Presentation Skills, Time Management, Decision Making Skills
Duration: 1-4 weeks

Top trending discussions

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Marketing & Communication

a senior marketing manager

Aiming for a Big Career Jump targeting Senior Profiles in Marketing/Ecommerce?

Want to take on to VP Marketing level job opportunities with base in Delhi NCR. What my path should look like? Profile: Based out of Delhi NCR, 11 yoe in content marketing (across corporate+startups), Sr. Manager Digital Marketing

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Insurance Adviser Interview Questions & Answers

Aditya Birla Sun Life Insurance

Anonymous

posted on 18 Sep 2018

I applied via Campus Placement and was interviewed before Sep 2017. There were 3 interview rounds.

Interview Questionnaire

1 Question

Q1. First tell me about your self. Hobbies Family background. Observes my confidence and communication skills. Why you want this job.

Add your answer

Interview Preparation Tips

General Tips: At the time of interview I'm little bit nervous and scared.
But no need to be get nervous and scared. Be confident on what you got and well prepared.
All the best !!
Skills: Communication, Body Language, Analytical Skills, Presentation Skills
Duration: 1-4 weeks
College Name: Dnyanasadhna Colleg

Insurance Adviser Interview Questions & Answers

SBI Life Insurance Company

Anonymous

posted on 14 Jul 2022

I applied via Walk-in and was interviewed before Jul 2021. There were 2 interview rounds.

Round 1 - Aptitude Test

One has to clear irda exam

Round 2 - Group Discussion

How to procure a proper financial planning for secure future

Interview Preparation Tips

Interview preparation tips for other job seekers - Great open opportunities to all want to make money

Life Insurance Corporation of India Interview FAQs

How many rounds are there in Life Insurance Corporation of India Insurance Adviser interview?

Life Insurance Corporation of India interview process usually has 2-3 rounds. The most common rounds in the Life Insurance Corporation of India interview process are Technical, Resume Shortlist and One-on-one Round.

How to prepare for Life Insurance Corporation of India Insurance Adviser interview?

Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Life Insurance Corporation of India. The most common topics and skills that interviewers at Life Insurance Corporation of India expect are Life Insurance, Sales, Insurance Sales, Marketing and Communication Skills.

What are the top questions asked in Life Insurance Corporation of India Insurance Adviser interview?

Some of the top questions asked at the Life Insurance Corporation of India Insurance Adviser interview -

Who bear risk in Unit link insurance polic...read more
In which year LIC establishe...read more
How can you plans to meats possible client...read more

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based on 6 interviews

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Life Insurance Corporation of India Insurance Adviser Salary

based on 307 salaries

₹0.9 L/yr - ₹7 L/yr

9% more than the average Insurance Adviser Salary in India

View more details

Insurance Adviser Jobs at Life Insurance Corporation of India

Insurance Advisor

Hyderabad / Secunderabad,

Dhanbad

0-2 Yrs

₹ 0.5-1 LPA

Insurance Advisor

Bangalore / Bengaluru

₹ 0.5-0.5 LPA

Insurance Advisor

Bilaspur,

Raipur

0-1 Yrs

₹ 1.5-6 LPA

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Life Insurance Corporation of India Salaries in India

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