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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India LIC Agent salaries in India

Annual salary range
0 - 20 years exp.
₹0.5 Lakh - ₹7.5 Lakhs
Salary of majority employees
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At par with the average LIC Agent Salary in Insurance Companies for 0 - 20 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
LIC Agent Salary
1 - 16 years exp. (31 salaries)
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₹0.6 L/yr - ₹4.8 L/yr

Sales & Business Development
LIC Agent Salary
1 - 10 years exp. (19 salaries)
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₹0.6 L/yr - ₹5 L/yr

Customer Success, Service & Operations
LIC Agent Salary
1 - 14 years exp. (15 salaries)
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₹0.7 L/yr - ₹6 L/yr

Finance & Accounting
LIC Agent Salary
0 - 7 years exp. (12 salaries)
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₹0.8 L/yr - ₹5 L/yr

Marketing & Communication
LIC Agent Salary
1 - 12 years exp. (12 salaries)
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₹2 L/yr - ₹7.5 L/yr

Last Updated: 5 Jan 2025

Companies similar to Life Insurance Corporation of India for LIC Agent

Company name Avg Annual Salary Open Jobs
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HDFC Life LIC Agent Salary

0 - 15 years exp. (3 salaries)

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₹4 L/yr - ₹7.2 L/yr

arrow icon 74% more
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SBI Life Insurance Company LIC Agent Salary

0 - 6 years exp. (6 salaries)

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₹1.5 L/yr - ₹2.1 L/yr

arrow icon 38% less
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Max Life Insurance LIC Agent Salary

0 - 1 year exp. (3 salaries)

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₹0.5 L/yr - ₹2.5 L/yr

arrow icon 53% less
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₹2 L/yr - ₹4.8 L/yr

arrow icon 18% more
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LIC Life Plus LIC Agent Salary

0 - 15 years exp. (38 salaries)

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₹0.6 L/yr - ₹5 L/yr

arrow icon 17% less
LIC Agent salary at Life Insurance Corporation of India ranges between ₹0.5 Lakh to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 20 years. Salary estimates are based on 276 latest salaries received from various employees of Life Insurance Corporation of India.

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

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14 years exp.
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Experience wise Life Insurance Corporation of India LIC Agent salaries

Last Updated: 5 Jan 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1.1 L/yr - ₹4.5 L/yr
1 year  (44 salaries)

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₹0.5 L/yr - ₹5 L/yr
2 years  (52 salaries)

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₹0.5 L/yr - ₹7.5 L/yr
3 years  (27 salaries)

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₹0.5 L/yr - ₹5 L/yr
4 years  (28 salaries)

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₹0.6 L/yr - ₹4 L/yr
View all

Similar Designation salaries in Life Insurance Corporation of India

Agent Salary
(189 salaries)
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₹0.8 L/yr - ₹6.95 L/yr
Supervisor Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.5 L/yr
Sales Executive Salary
(69 salaries)
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₹1 L/yr - ₹6 L/yr
Sales Officer Salary
(12 salaries)
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₹1 L/yr - ₹5 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 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 - ₹6 L/yr
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₹1 L/yr - ₹4.5 L/yr

Top skills at Life Insurance Corporation of India for LIC Agent

Sales Insurance Marketing Customer Service Life Insurance Policies Field Hiring Inside Sales Insurance Sales Business Development Freelancing Life Insurance agency part time

Salary related reviews for Life Insurance Corporation of India

4.2

Rated by 194 employees for salary & benefits

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

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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.

read more

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.

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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.

read more

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.

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Dislikes

Only slow career growth and no pension for agents.

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.

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Dislikes

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

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

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
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Life Insurance Corporation of India LIC Agent Salary FAQs

What is the salary of LIC Agent at Life Insurance Corporation of India?
LIC Agent salary at Life Insurance Corporation of India in India ranges between ₹0.5 Lakhs to ₹7.5 Lakhs for less than 1 year of experience to 20 years. According to our estimates it is 2% more than the average LIC Agent Salary in India. Salary estimates are based on 276 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a LIC Agent at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a LIC Agent at Life Insurance Corporation of India is 2% more than the average salary of a LIC Agent in India. To know exact salary insights, login to view.
What are the top skills required to work as a LIC Agent at Life Insurance Corporation of India?
Sales, Insurance, Marketing, Customer Service and Life Insurance are some of the popular skills required to work as a LIC Agent at Life Insurance Corporation of India India.
Which similar companies are paying more than Life Insurance Corporation of India to a LIC Agent in India?
  • HDFC Life LIC Agent Salary - ₹4.0 Lakhs to ₹7.2 Lakhs per year
  • Bajaj Allianz Life Insurance LIC Agent Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year
What is the salary of a LIC Agent in companies similar to Life Insurance Corporation of India in India?
  • LIC Life Plus LIC Agent Salary - ₹0.6 Lakhs to ₹5.0 Lakhs per year
  • SBI Life Insurance Company LIC Agent Salary - ₹1.5 Lakhs to ₹2.1 Lakhs per year
  • Max Life Insurance LIC Agent Salary - ₹0.5 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a LIC Agent at Life Insurance Corporation of India in India?
The estimated take-home salary of a LIC Agent at Life Insurance Corporation of India ranges between ₹21,962 per month to ₹23,446 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India LIC Agent salary in India which ranges between ₹0.5 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 20 years. Check how did we calculate take home salary?
What is the notice period for LIC Agent at Life Insurance Corporation of India?
According to AmbitionBox, 58% of the Life Insurance Corporation of India LIC Agents reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 519 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India LIC Agent salary in India ranges between ₹0.5 Lakh to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 276 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.