LIC Life Plus Financial Advisor Salaries by 4 Employees

2 - 24 years exp.

₹2 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Financial Advisor Salary in Insurance Companies for 2 - 24 years of experience

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Last Updated: 1 Aug 2024

Companies similar to LIC Life Plus for Financial Advisor

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Financial Advisor Salary 0 - 8 years exp. (84 salaries)	₹1 L/yr - ₹6 L/yr 27% less
SBI Life Insurance Company Financial Advisor Salary 0 - 6 years exp. (47 salaries)	₹0.7 L/yr - ₹4.1 L/yr 25% less
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Tata AIA Life Insurance Financial Advisor Salary 1 - 15 years exp. (23 salaries)	₹1.2 L/yr - ₹6 L/yr 15% more
Aditya Birla Sun Life Insurance Financial Advisor Salary 0 - 4 years exp. (18 salaries)	₹0.6 L/yr - ₹4.1 L/yr 26% less
Bharti AXA Life Insurance Financial Advisor Salary 0 - 3 years exp. (16 salaries)	₹1 L/yr - ₹3.6 L/yr 27% less
Reliance Nippon Life Insurance Financial Advisor Salary 0 - 4 years exp. (15 salaries)	₹1.1 L/yr - ₹2.4 L/yr 44% less
MetLife Financial Advisor Salary 1 - 4 years exp. (9 salaries)	₹1 L/yr - ₹4 L/yr 49% less
Ageas Federal Life Insurance Financial Advisor Salary 0 - 6 years exp. (8 salaries)	₹1.5 L/yr - ₹3 L/yr 35% less
Shriram Life Insurance Financial Advisor Salary 0 - 3 years exp. (8 salaries)	₹1.7 L/yr - ₹2.5 L/yr 47% less
Reliance General Insurance Financial Advisor Salary 0 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4.5 L/yr 11% more
Gallagher Financial Advisor Salary 0 - 4 years exp. (4 salaries)	₹9 L/yr - ₹13.5 L/yr 202% more
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Canara HSBC Life Insurance Financial Advisor Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr 21% less
Tata AIG Financial Advisor Salary 1 - 5 years exp. (4 salaries)	₹0.9 L/yr - ₹3.5 L/yr 33% less
Pramerica Life Insurance Financial Advisor Salary 2 - 5 years exp. (4 salaries)	₹2.9 L/yr - ₹5.5 L/yr 21% more
Star Health & Allied Insurance Financial Advisor Salary 1 - 4 years exp. (4 salaries)	₹1.6 L/yr - ₹3.3 L/yr 17% less
Niva Bupa Health Insurance Company Financial Advisor Salary 1 - 2 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 29% less
Aditya Birla Health Insurance Co Financial Advisor Salary 1 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr 44% less

Financial Advisor salary at LIC Life Plus ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with experience between 2 years to 24 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Life Plus.

Experience wise LIC Life Plus Financial Advisor salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
13 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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15+ years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in LIC Life Plus

Finance Executive Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for LIC Life Plus

Life Insurance Corporation Of India in Mauranipur

Kanpur Department

1.0

• posted on 27 Jan 2021

1.0

for Salary and Benefits

Likes

They recover our salary which they paid us during lockdown! ....this is the fu***** support of LIC

Dislikes

LIC is not an organisation, they are the group of people who always want to cut down your salary,perks everything you were provided. Example-This is the only organisation where we have to pay back our salary of lockdown even our honorable PM asked to not to cut down salary but instead of that they recover our salary of whole 2 month and not even this much. This salary deduction is only for PDO(Field officer),not for the assistant,not for the administration. I mean only PDO who work in field will not infected by COVID 19,what a theory!!.. #shamonyouLIC

Salary - Bad

+6 more

see more salary related reviews

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LIC Life Plus Financial Advisor Salary FAQs

What is the salary of Financial Advisor at LIC Life Plus ?

The average salary of a Financial Advisor at LIC Life Plus in India typically ranges from ₹2.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 2 years to 24 years).

The top 10% of Financial Advisor at LIC Life Plus earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Financial Advisor Salaries at LIC Life Plus can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 LIC Life Plus employees in India.

What is the estimated take home salary of a Financial Advisor at LIC Life Plus in India?

The estimated take-home salary of a Financial Advisor at LIC Life Plus in India typically ranges from ₹26,519 to ₹27,935 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 2 years to 24 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of LIC Life Plus. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than LIC Life Plus for Financial Advisor in India?

Gallagher	₹9.0 Lakhs to ₹13.5 Lakhs per year
Pramerica Life Insurance	₹2.9 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance	₹1.2 Lakhs to ₹6.0 Lakhs per year
Reliance General Insurance	₹3.5 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by LIC Life Plus, depending on the role and experience level.

What is the salary of a Financial Advisor in companies similar to LIC Life Plus in India?

The salary of a Financial Advisor at companies similar to LIC Life Plus in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance	₹1.6 Lakhs to ₹3.3 Lakhs per year
Canara HSBC Life Insurance	₹2.4 Lakhs to ₹3.0 Lakhs per year
SBI Life Insurance Company	₹0.7 Lakhs to ₹4.1 Lakhs per year
Aditya Birla Sun Life Insurance	₹0.6 Lakhs to ₹4.1 Lakhs per year
Bharti AXA Life Insurance	₹1.0 Lakhs to ₹3.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Financial Advisor at LIC Life Plus in India?

The salary growth for a Financial Advisor at LIC Life Plus depends on factors such as experience, performance, and promotions. On average, a Financial Advisor can expect the following growth trajectory at LIC Life Plus:

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
13 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
15 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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LIC Life Plus Financial Advisor Salaries

LIC Life Plus Financial Advisor salary in India ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LIC Life Plus latest salaries received from various employees of LIC Life Plus.