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Life Insurance Corporation of India Agent salaries in India (Updated 2025)

Annual salary range
1 - 10 years exp.
₹0.7 Lakh - ₹7 Lakhs
Salary of majority employees
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At 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. (53 salaries)
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₹0.7 L/yr - ₹6 L/yr

Sales & Business Development
Agent Salary
1 - 10 years exp. (17 salaries)
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₹1 L/yr - ₹7 L/yr

Customer Success, Service & Operations
Agent Salary
1 - 10 years exp. (11 salaries)
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₹1 L/yr - ₹4.5 L/yr

Finance & Accounting
Agent Salary
1 - 9 years exp. (11 salaries)
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₹0.7 L/yr - ₹4.5 L/yr

Marketing & Communication
Agent Salary
3 - 10 years exp. (11 salaries)
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₹1.1 L/yr - ₹5 L/yr

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Last Updated: 25 Feb 2025

Companies similar to Life Insurance Corporation of India for Agent

Company name Avg Annual Salary Open Jobs
Logo
ICICI Prudential Life Insurance Agent Salary

0 - 7 years exp. (9 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 3% less
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HDFC Life Agent Salary

0 - 3 years exp. (12 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 5% more
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SBI Life Insurance Company Agent Salary

1 - 8 years exp. (18 salaries)

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₹1 L/yr - ₹7 L/yr

arrow icon 13% more
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Max Life Insurance Agent Salary

0 - 7 years exp. (25 salaries)

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₹1.9 L/yr - ₹5 L/yr

arrow icon 36% more
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Bajaj Allianz Life Insurance Agent Salary

1 - 5 years exp. (7 salaries)

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₹1.2 L/yr - ₹4.2 L/yr

arrow icon 2% less
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Tata AIA Life Insurance Agent Salary

0 - 5 years exp. (6 salaries)

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₹1 L/yr - ₹6 L/yr

arrow icon 16% more
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Reliance Nippon Life Insurance Agent Salary

3 - 6 years exp. (4 salaries)

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₹2.3 L/yr - ₹2.4 L/yr

arrow icon 9% less
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Kotak Mahindara Life Insurance Agent Salary

0 - 5 years exp. (6 salaries)

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₹1 L/yr - ₹2.1 L/yr

arrow icon 16% less
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Bharti AXA Life Insurance Agent Salary

1 - 3 years exp. (3 salaries)

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₹1.5 L/yr - ₹2.6 L/yr

arrow icon 12% less
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United India Insurance Company Agent Salary

0 - 7 years exp. (18 salaries)

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₹0.2 L/yr - ₹5 L/yr

arrow icon 16% less
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Star Health & Allied Insurance Agent Salary

0 - 6 years exp. (12 salaries)

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₹1.1 L/yr - ₹4.1 L/yr

arrow icon 2% less
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The New India Assurance Co. Agent Salary

1 - 6 years exp. (10 salaries)

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₹1.8 L/yr - ₹8 L/yr

arrow icon 24% more
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National Insurance Company Agent Salary

1 - 4 years exp. (4 salaries)

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₹1 L/yr - ₹2.4 L/yr

arrow icon 7% less
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The Oriental Insurance Co. Agent Salary

3 - 8 years exp. (5 salaries)

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₹2 L/yr - ₹5.4 L/yr

arrow icon 24% more
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Cholamandalam MS General Insurance Agent Salary

10 - 13 years exp. (4 salaries)

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₹2 L/yr - ₹2.6 L/yr

arrow icon 14% less
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HDFC Ergo General Insurance Agent Salary

3 - 4 years exp. (4 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 7% less
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PNB MetLife Agent Salary

0 - 3 years exp. (4 salaries)

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₹0.6 L/yr - ₹2.5 L/yr

arrow icon 53% less
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Allianz Partners Agent Salary

1 - 5 years exp. (3 salaries)

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₹2.8 L/yr - ₹3.7 L/yr

arrow icon 25% more
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Aditya Birla Sun Life Insurance Agent Salary

2 - 4 years exp. (3 salaries)

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₹1 L/yr - ₹7 L/yr

arrow icon 13% less

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Agent salary at Life Insurance Corporation of India ranges between ₹0.7 Lakh to ₹7 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 183 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Agent

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Experience wise Life Insurance Corporation of India Agent salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
1 year  (25 salaries)

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₹0.7 L/yr - ₹4 L/yr
2 years  (31 salaries)

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₹0.8 L/yr - ₹5 L/yr
3 years  (33 salaries)

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₹0.8 L/yr - ₹5 L/yr
4 years  (16 salaries)

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₹1.2 L/yr - ₹4.7 L/yr
5 years  (21 salaries)

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₹0.7 L/yr - ₹4.7 L/yr
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Life Insurance Corporation of India Agent Salary and Career Growth

From

To

Agent

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1 - 10 years exp.

Branch Manager

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15 - 31 years exp.

Agent 1 - 10 years exp.
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Development Officer 0 - 10 years exp.
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arrow icon 229% hike
Assistant Branch Manager 9 - 19 years exp.
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arrow icon 10% hike

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Similar Designation salaries in Life Insurance Corporation of India

Analyst Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Team Lead Salary
(17 salaries)
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₹1.4 L/yr - ₹4 L/yr
Sales Executive Salary
(68 salaries)
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₹1 L/yr - ₹5 L/yr
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₹2.5 L/yr - ₹6 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹1 L/yr - ₹4.5 L/yr
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₹1.25 L/yr - ₹3 L/yr
Customer Service Advisor Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹1.5 L/yr - ₹2.7 L/yr
Customer Support Associate Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Top skills at Life Insurance Corporation of India for Agent

Sales Insurance Marketing Trade Finance Finance Life Insurance Selling Skills Telesales Communication Skills Planning Skills Tax Planning Presentation Skills Business Development broker Finance Function
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Salary related reviews for Life Insurance Corporation of India

4.0

Rated by 82 employees for salary & benefits

Other Department

4.0
  •  posted on 30 May 2022

2.0
 for  Salary and Benefits

Likes

Unertaion income because very hard comptision sale insurance no any traning give by lic deparatment it mean leck of knoledge

read more
  • Work-life balance - Good

Dislikes

Reguler income must but if you done lic than you have any bonus or income othersvise no money

read more
  • Salary - Poor
  • +3 more

Data Science & Analytics Department

5.0
  •  posted on 28 Dec 2021

5.0
 for  Salary and Benefits

Likes

...agement is transparent.There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bonus every year

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign. On the job training is not given to new joiners.

read more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 19 Jul 2024

5.0
 for  Salary and Benefits

Likes

Good bonus Good incentives Respect given by whole team of LIC Good guidance and counselling and training sessions at LIC office

read more
  • Salary - Excellent
  • +3 more

Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 21 Sep 2023

3.0
 for  Salary and Benefits

Likes

Job Performing Flexibility.

  • Job security - Excellent
  • +3 more

Dislikes

...e Teams. 2. Other benefits, which are not upto the standards or satisfaction. 3. No Festival bonuses/ annual bonuses. 4. No Family bonus 5. No clarity about Pension

read more
  • Promotions - Poor

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 20 Feb 2023

3.0
 for  Salary and Benefits

Likes

Good company in terms of the pay and benefits, but at a heavy price.

Dislikes

All the rules and restrictions/punishment are imposed only on class 2 officers of the organisation. Targets are imposed only on development officers.

read more
  • Skill development - Poor
  • +5 more
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Life Insurance Corporation of India Agent Salary FAQs

What is the salary of Agent at Life Insurance Corporation of India?
Agent salary at Life Insurance Corporation of India in India ranges between ₹0.7 Lakhs to ₹7.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 1% less than the average Agent Salary in India. Salary estimates are based on 183 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Agent at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Agent at Life Insurance Corporation of India is 1% less than the average salary of a Agent in India. To know exact salary insights, login to view.
What are the top skills required to work as a Agent at Life Insurance Corporation of India?
Sales, Insurance, Marketing, Trade Finance and Finance are some of the popular skills required to work as a Agent at Life Insurance Corporation of India India.
Which similar companies are paying more than Life Insurance Corporation of India to a Agent in India?
  • Max Life Insurance Agent Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year
  • Allianz Partners Agent Salary - ₹2.8 Lakhs to ₹3.7 Lakhs per year
  • The Oriental Insurance Co. Agent Salary - ₹2.0 Lakhs to ₹5.4 Lakhs per year
  • The New India Assurance Co. Agent Salary - ₹1.8 Lakhs to ₹8.0 Lakhs per year
  • Tata AIA Life Insurance Agent Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Agent in companies similar to Life Insurance Corporation of India in India?
  • SBI Life Insurance Company Agent Salary - ₹1.0 Lakhs to ₹7.0 Lakhs per year
  • HDFC Life Agent Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
  • Bajaj Allianz Life Insurance Agent Salary - ₹1.2 Lakhs to ₹4.2 Lakhs per year
  • Star Health & Allied Insurance Agent Salary - ₹1.1 Lakhs to ₹4.1 Lakhs per year
  • ICICI Prudential Life Insurance Agent Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Agent at Life Insurance Corporation of India in India?
The estimated take-home salary of a Agent at Life Insurance Corporation of India ranges between ₹17,695 per month to ₹19,393 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Agent salary in India which ranges between ₹0.7 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Agent at Life Insurance Corporation of India?
According to AmbitionBox, 61% of the Life Insurance Corporation of India Agents reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 151 responses on AmbitionBox in last 2 years.

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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 ₹unlock blur. Salary estimates are based on 183 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.