Life Insurance Corporation of India Insurance and Financial Advisor Salaries by Employees

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₹4.1 Lakhs - ₹5.2 Lakhs

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Last Updated: 6 Jul 2024

Insurance and Financial Advisor salary at Life Insurance Corporation of India ranges between ₹4.1 Lakhs to ₹5.2 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of Life Insurance Corporation of India.

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Salary related reviews for Life Insurance Corporation of India

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.

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

LIC Agent in Hamirpur

Customer Success, Service & Operations Department

5.0

• posted on 23 Feb 2021

5.0

for Salary and Benefits

Likes

...upportive teammates. There is a huge cafe. And also gaming arcade for chilling. Company policies are good, appraisals are fàir and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Only slow career growth and no pension for agents.

LIC Agent in New Delhi

Other Department

1.0

• posted on 03 Oct 2019

1.0

for Salary and Benefits

Likes

This is very bad experience about lic . No job security ,no future benefits,no promotion,no fix salary , Lic gives only target based job.

Dislikes

Lic working system and its policy is very bad compare to any other private company.

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Life Insurance Corporation of India Insurance and Financial Advisor Salary FAQs

How the salary growth look like for a Insurance and Financial Advisor at Life Insurance Corporation of India in India?

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

Experience	Average Salary Range
1 year	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Life Insurance Corporation of India Insurance and Financial Advisor Salaries

Life Insurance Corporation of India Insurance and Financial Advisor salary in India ranges between ₹4.1 Lakhs to ₹5.2 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.