Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryAt par with the average Agent Salary in Insurance Companies for 1 - 10 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Agent Salary
1 - 10
years
exp.
(41
salaries)
|  ₹0.7 L/yr - ₹7 L/yr |
Sales & Business Development
Agent Salary
1 - 10
years
exp.
(15
salaries)
| ₹1 L/yr - ₹7 L/yr |
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| |
Marketing & Communication
Agent Salary
3 - 10
years
exp.
(8
salaries)
| ₹1.5 L/yr - ₹5 L/yr |
Customer Success, Service & Operations
Agent Salary
1 - 7
years
exp.
(7
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
Administration & Facilities
Agent Salary
2 - 10
years
exp.
(6
salaries)
| ₹1.5 L/yr - ₹4.4 L/yr |
Companies similar to Life Insurance Corporation of India for Agent
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Axis Max Life Insurance Agent Salary
0 - 7 years exp. (25 salaries) | ₹1.9 L/yr - ₹5 L/yr 
44%
more | |
 SBI Life Insurance Company Agent Salary
1 - 8 years exp. (18 salaries) | ₹1 L/yr - ₹7 L/yr
12%
more | |
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| ||
 United India Insurance Company Agent Salary
0 - 7 years exp. (18 salaries) | ₹0.2 L/yr - ₹5 L/yr 
17%
less | |
 HDFC Life Agent Salary
0 - 3 years exp. (12 salaries) | ₹1.2 L/yr - ₹5 L/yr
4%
more | |
 Star Health & Allied Insurance Agent Salary
0 - 6 years exp. (12 salaries) | ₹1.1 L/yr - ₹4.1 L/yr
3%
less | |
 The New India Assurance Co. Agent Salary
1 - 6 years exp. (10 salaries) | ₹1.8 L/yr - ₹8 L/yr
23%
more | |
 ICICI Prudential Life Insurance Agent Salary
0 - 7 years exp. (9 salaries) | ₹1.5 L/yr - ₹3.5 L/yr
3%
less | |
 Bajaj Allianz Life Insurance Agent Salary
1 - 5 years exp. (7 salaries) | ₹1.2 L/yr - ₹4.2 L/yr
3%
less | |
 Tata AIA Life Insurance Agent Salary
0 - 5 years exp. (6 salaries) | ₹1 L/yr - ₹6 L/yr
15%
more | |
 Kotak Mahindara Life Insurance Agent Salary
0 - 5 years exp. (6 salaries) | ₹1 L/yr - ₹2.1 L/yr
17%
less | |
 The Oriental Insurance Co. Agent Salary
3 - 8 years exp. (5 salaries) | ₹2 L/yr - ₹5.4 L/yr
23%
more | |
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| ||
 Reliance Nippon Life Insurance Agent Salary
3 - 6 years exp. (4 salaries) | ₹2.3 L/yr - ₹2.4 L/yr
10%
less | |
 Cholamandalam MS General Insurance Agent Salary
10 - 13 years exp. (4 salaries) | ₹2 L/yr - ₹2.6 L/yr
14%
less | |
 HDFC Ergo General Insurance Agent Salary
3 - 4 years exp. (4 salaries) | ₹2.1 L/yr - ₹3.5 L/yr
7%
less | |
 National Insurance Company Agent Salary
1 - 4 years exp. (4 salaries) | ₹1 L/yr - ₹2.4 L/yr
8%
less | |
 Allianz Partners Agent Salary
1 - 5 years exp. (3 salaries) | ₹2.8 L/yr - ₹3.7 L/yr
24%
more | |
 Aditya Birla Sun Life Insurance Agent Salary
2 - 4 years exp. (3 salaries) | ₹1 L/yr - ₹7 L/yr
13%
less | |
Latest annual salaries shared by Life Insurance Corporation of India Agent
Experience wise Life Insurance Corporation of India Agent salaries
Last Updated: 23 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (17 salaries) |
₹0.8
L/yr
- ₹3
L/yr
|
| 2 years (25 salaries) |
₹0.8
L/yr
- ₹5
L/yr
|
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| |
| 3 years (22 salaries) |
₹1
L/yr
- ₹5
L/yr
|
| 4 years (10 salaries) |
₹0.8
L/yr
- ₹4.7
L/yr
|
| 5 years (17 salaries) |
₹0.7
L/yr
- ₹4.7
L/yr
|
From
To
Agent
Lakhs/yr
1 - 10 years exp.
Branch Manager
Lakhs/yr
15 - 31 years exp.
Agent
1 - 10 years exp.
Development Officer
0 - 10 years exp.
236% hike
Assistant Branch Manager
9 - 19 years exp.
7% hike
Similar Designation salaries in Life Insurance Corporation of India
Top skills at Life Insurance Corporation of India for Agent
Salary related reviews for Life Insurance Corporation of India
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Top trending discussions
Life Insurance Corporation of India Agent Salary FAQs
The top 10% of Agent at Life Insurance Corporation of India earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Agent Salaries at Life Insurance Corporation of India 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 100+ Life Insurance Corporation of India employees in India.
- - Sales
- - Insurance
- - Marketing
- - Trade Finance
- - Finance
These skills are highly valued at Life Insurance Corporation of India and are crucial for successful performance in a Software Engineering role.
| Axis Max Life Insurance | ₹1.9 Lakhs to ₹5.0 Lakhs per year |
| Allianz Partners | ₹2.8 Lakhs to ₹3.7 Lakhs per year |
| The Oriental Insurance Co. | ₹2.0 Lakhs to ₹5.4 Lakhs per year |
| The New India Assurance Co. | ₹1.8 Lakhs to ₹8.0 Lakhs per year |
| Tata AIA Life Insurance | ₹1.0 Lakhs to ₹6.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Life Insurance Corporation of India, depending on the role and experience level.
| SBI Life Insurance Company | ₹1.0 Lakhs to ₹7.0 Lakhs per year |
| HDFC Life | ₹1.2 Lakhs to ₹5.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹1.2 Lakhs to ₹4.2 Lakhs per year |
| Star Health & Allied Insurance | ₹1.1 Lakhs to ₹4.1 Lakhs per year |
| ICICI Prudential Life Insurance | ₹1.5 Lakhs to ₹3.5 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.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹0.8 Lakhs to ₹3.0 Lakhs per year |
| 2 years | ₹0.8 Lakhs to ₹5.0 Lakhs per year |
| 3 years | ₹1.0 Lakhs to ₹5.0 Lakhs per year |
| 4 years | ₹0.8 Lakhs to ₹4.7 Lakhs per year |
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Life Insurance Corporation of India Agent Salaries by Location
- Life Insurance Corporation of India Agent salaries in Kolkata
- Life Insurance Corporation of India Agent salaries in New Delhi
- Life Insurance Corporation of India Agent salaries in Mumbai
- Life Insurance Corporation of India Agent salaries in Bangalore / Bengaluru
- Life Insurance Corporation of India Agent salaries in Ahmedabad
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Life Insurance Corporation of India Agent salary
in
India
ranges between ₹0.7
Lakh to ₹7
Lakhs with an average annual salary of
₹. Salary estimates are based on
137
Life Insurance Corporation of India latest salaries received from various employees of
Life Insurance Corporation of India.