Life Insurance Corporation of India Insurance Agent Salaries by 40+ Employees (Updated 2025)

1 - 9 years exp.

₹0.6 Lakh - ₹5 Lakhs

Salary of majority employees

5% more than the average Insurance Agent Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Agent Salary 1 - 9 years exp. (9 salaries)	₹0.6 L/yr - ₹4 L/yr
Sales & Business Development Insurance Agent Salary 2 - 9 years exp. (9 salaries)	₹2 L/yr - ₹3.9 L/yr
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Customer Success, Service & Operations Insurance Agent Salary 7 - 8 years exp. (4 salaries)	₹1.5 L/yr - ₹5 L/yr
Marketing & Communication Insurance Agent Salary 1 - 5 years exp. (4 salaries)	₹0.6 L/yr - ₹3 L/yr

Last Updated: 21 Dec 2024

Companies similar to Life Insurance Corporation of India for Insurance Agent

Company name	Avg Annual Salary	Open Jobs
HDFC Life Insurance Agent Salary 0 - 2 years exp. (5 salaries)	₹1.3 L/yr - ₹3 L/yr 14% less
Bajaj Allianz Life Insurance Insurance Agent Salary 0 - 1 year exp. (9 salaries)	₹1.2 L/yr - ₹3 L/yr 13% less
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Kotak Mahindara Life Insurance Insurance Agent Salary 0 - 2 years exp. (3 salaries)	₹0.6 L/yr - ₹5 L/yr 18% more
Reliance Nippon Life Insurance Insurance Agent Salary 0 - 3 years exp. (6 salaries)	₹1.2 L/yr - ₹6.5 L/yr 14% more
Tata AIA Life Insurance Insurance Agent Salary 0 - 3 years exp. (4 salaries)	₹2.4 L/yr - ₹4.5 L/yr 55% more
PNB MetLife Insurance Agent Salary 0 - 1 year exp. (4 salaries)	₹1 L/yr - ₹3.6 L/yr 8% less
Bajaj Allianz General Insurance Insurance Agent Salary 0 - 3 years exp. (10 salaries)	₹1.1 L/yr - ₹3 L/yr 14% less
The New India Assurance Co. Insurance Agent Salary 0 - 4 years exp. (9 salaries)	₹2 L/yr - ₹3 L/yr 12% less
The Oriental Insurance Co. Insurance Agent Salary 0 - 10 years exp. (6 salaries)	₹2.4 L/yr - ₹3.5 L/yr 15% more
HDFC Ergo General Insurance Insurance Agent Salary 0 - 3 years exp. (6 salaries)	₹1 L/yr - ₹1.8 L/yr 41% less
National Insurance Company Insurance Agent Salary 0 - 3 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr At par
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United India Insurance Company Insurance Agent Salary 0 - 5 years exp. (5 salaries)	₹1.2 L/yr - ₹3.5 L/yr 18% more
Star Health & Allied Insurance Insurance Agent Salary 1 - 3 years exp. (4 salaries)	₹1.1 L/yr - ₹2.5 L/yr 17% less
Shriram Life Insurance Insurance Agent Salary 2 - 12 years exp. (3 salaries)	₹1 L/yr - ₹2.8 L/yr 21% less
Cholamandalam MS General Insurance Insurance Agent Salary 2 - 10 years exp. (3 salaries)	₹1.5 L/yr - ₹4 L/yr 16% more

Insurance Agent salary at Life Insurance Corporation of India ranges between ₹0.6 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 46 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Insurance Agent salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
1 year (8 salaries)	₹0.6 L/yr - ₹4.2 L/yr
2 years (13 salaries)	₹0.6 L/yr - ₹4 L/yr
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3 years (4 salaries)	₹1.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
5 years (5 salaries)	₹1 L/yr - ₹4 L/yr
6 years (4 salaries)	₹1.5 L/yr - ₹3 L/yr
7 years (5 salaries)	₹1.5 L/yr - ₹3.5 L/yr
8 years (3 salaries)	₹1.2 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr

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Similar Designation salaries in Life Insurance Corporation of India

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(6 salaries)

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Life Insurance Advisor Salary

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Deputy Manager Salary

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Supervisor Salary

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₹1.4 L/yr - ₹1.8 L/yr

Sales Executive Salary

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Senior Associate Salary

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Financial Advisor Salary

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Top skills at Life Insurance Corporation of India for Insurance Agent

Marketing Life Insurance Insurance Sales Sales Insurance Communication Skills Business Development Financial Planning Convincing Power Sales Executive Activities Channel Sales Cross Selling Client Acquisition upselling Service Delivery

Salary related reviews for Life Insurance Corporation of India

4.1

Rated by 22 employees for salary & benefits

Insurance Agent in Chengalpattu

Part Time

BFSI, Investments & Trading Department

5.0

• posted on 13 Apr 2023

3.0

for Salary and Benefits

Likes

Good environment for work . Every employee has cooperative in nature they were very helpful.

Job security - Excellent

+1 more

Dislikes

...�. Ok but not useful for permanent job you can work as part time job as there.Only senior management and marketing department get salary.

Work satisfaction - Poor

LIC Agent in Visakhapatnam

Part Time

BFSI, Investments & Trading Department

5.0

• posted on 13 Oct 2023

4.0

for Salary and Benefits

Likes

You are always thinking about the lic customers and give importance to the customers and immediately settlement option after policy maturity.l like that

Salary - Good

+6 more

Dislikes

...es and more benefits from mutual fund.So many people thinking this long period . some people I loss my money from lic ,we have to pay two years but they are not giving back my money.this is my survey till now.

Data Entry Operator in Patna

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

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.

Agent in New Delhi

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

Work-life balance - Good

Dislikes

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

Salary - Poor

+3 more

LIC Agent in Warora

LIC Agent Department

3.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

...gement 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.

Salary - Excellent

Dislikes

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

Job security - Poor

+3 more

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Life Insurance Corporation of India Insurance Agent Salary FAQs

What is the salary of Insurance Agent at Life Insurance Corporation of India?

Insurance Agent salary at Life Insurance Corporation of India in India ranges between ₹0.6 Lakhs to ₹5.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 5% more than the average Insurance Agent Salary in India. Salary estimates are based on 46 latest salaries received from various employees of Life Insurance Corporation of India India.

How does the salary of a Insurance Agent at Life Insurance Corporation of India India compare with the average salary range for this job?

The average salary of a Insurance Agent at Life Insurance Corporation of India is 5% more than the average salary of a Insurance Agent in India. To know exact salary insights, login to view.

What are the top skills required to work as a Insurance Agent at Life Insurance Corporation of India?

Marketing, Life Insurance, Insurance Sales, Sales and Insurance are some of the popular skills required to work as a Insurance Agent at Life Insurance Corporation of India India.

Which similar companies are paying more than Life Insurance Corporation of India to a Insurance Agent in India?

Tata AIA Life Insurance Insurance Agent Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
United India Insurance Company Insurance Agent Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindara Life Insurance Insurance Agent Salary - ₹0.6 Lakhs to ₹5.0 Lakhs per year
Cholamandalam MS General Insurance Insurance Agent Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
The Oriental Insurance Co. Insurance Agent Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Insurance Agent in companies similar to Life Insurance Corporation of India in India?

Reliance Nippon Life Insurance Insurance Agent Salary - ₹1.2 Lakhs to ₹6.5 Lakhs per year
National Insurance Company Insurance Agent Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
PNB MetLife Insurance Agent Salary - ₹1.0 Lakhs to ₹3.6 Lakhs per year
The New India Assurance Co. Insurance Agent Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
Bajaj Allianz Life Insurance Insurance Agent Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Insurance Agent at Life Insurance Corporation of India in India?

The estimated take-home salary of a Insurance Agent at Life Insurance Corporation of India ranges between ₹16,942 per month to ₹18,651 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Insurance Agent salary in India which ranges between ₹0.6 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Insurance Agent at Life Insurance Corporation of India?

According to AmbitionBox, 72% of the Life Insurance Corporation of India Insurance Agents reported a notice period of 15 days or less, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 71 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Insurance Agent Salaries by Location

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Life Insurance Corporation of India Insurance Agent Salaries

Life Insurance Corporation of India Insurance Agent salary in India ranges between ₹0.6 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 46 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

Life Insurance Corporation of India Insurance Agent salaries in India

Companies similar to Life Insurance Corporation of India for Insurance Agent

Latest annual salaries shared by Life Insurance Corporation of India Insurance Agent

Experience wise Life Insurance Corporation of India Insurance Agent salaries

Similar Designation salaries in Life Insurance Corporation of India

Top skills at Life Insurance Corporation of India for Insurance Agent

Salary related reviews for Life Insurance Corporation of India

Insurance Agent in Chengalpattu

LIC Agent in Visakhapatnam

Data Entry Operator in Patna

Agent in New Delhi

LIC Agent in Warora

Life Insurance Corporation of India Insurance Agent Salary FAQs

Tell us how to improve this page.

Life Insurance Corporation of India Insurance Agent Salaries by Location