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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Life Insurance Agent salaries in India

Annual salary range
1 - 15 years exp.
₹1 Lakh - ₹7.5 Lakhs
Salary of majority employees
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7% more than the average Life Insurance Agent Salary in Insurance Companies for 1 - 15 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Marketing & Communication
Life Insurance Agent Salary
2 - 13 years exp. (4 salaries)
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₹2 L/yr - ₹4.3 L/yr

BFSI, Investments & Trading
Life Insurance Agent Salary
1 - 11 years exp. (3 salaries)
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₹1 L/yr - ₹7.5 L/yr

Customer Success, Service & Operations
Life Insurance Agent Salary
2 - 15 years exp. (3 salaries)
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₹2.2 L/yr - ₹4 L/yr

Sales & Business Development
Life Insurance Agent Salary
2 - 14 years exp. (3 salaries)
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₹1.5 L/yr - ₹3 L/yr

Finance & Accounting
Life Insurance Agent Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹1 L/yr - ₹3 L/yr

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Last Updated: 20 Dec 2024

Companies similar to Life Insurance Corporation of India for Life Insurance Agent

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

0 - 5 years exp. (7 salaries)

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₹2 L/yr - ₹3.9 L/yr

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₹2 L/yr - ₹3 L/yr

arrow icon 20% less
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₹2 L/yr - ₹4.5 L/yr

arrow icon 18% less
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 16% less
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₹1 L/yr - ₹4 L/yr

arrow icon 13% less
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₹1 L/yr - ₹5 L/yr

arrow icon 29% less
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₹4 L/yr - ₹5.3 L/yr

arrow icon 42% more
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PNB MetLife Life Insurance Agent Salary

0 - 2 years exp. (5 salaries)

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₹0.6 L/yr - ₹4 L/yr

arrow icon 33% less
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₹3 L/yr - ₹3.8 L/yr

arrow icon 14% more
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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 16% less
Life Insurance Agent salary at Life Insurance Corporation of India ranges between ₹1 Lakh to ₹7.5 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 31 latest salaries received from various employees of Life Insurance Corporation of India.

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

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Experience wise Life Insurance Corporation of India Life Insurance Agent salaries

Last Updated: 20 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.7 L/yr
2 years  (7 salaries)

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₹1.5 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.9 L/yr
4 years  (3 salaries)

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₹1 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.6 L/yr
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Similar Designation salaries in Life Insurance Corporation of India

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₹1.2 L/yr - ₹5.05 L/yr
LIC Agent Salary
(373 salaries)
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₹0.5 L/yr - ₹7 L/yr
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₹2 L/yr - ₹2.5 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.5 L/yr
Agent Salary
(168 salaries)
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₹0.8 L/yr - ₹6 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
Sales Executive Salary
(72 salaries)
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₹1 L/yr - ₹6 L/yr
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₹1.05 L/yr - ₹4.5 L/yr
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₹2.5 L/yr - ₹10 L/yr
Supervisor Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr

Top skills at Life Insurance Corporation of India for Life Insurance Agent

Life Insurance Insurance Sales Insurance Selling Skills Field Work Sales and Marketing Convincing Power Life Insurance Cold Calling Public Speaking Risk Management Insurance Hindi Communication Skills Risk Analysis

Salary related reviews for Life Insurance Corporation of India

4.7

Rated by 14 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

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

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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.

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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

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Dislikes

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

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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.

read more

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.

read more

Dislikes

Only slow career growth and no pension for agents.

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Life Insurance Corporation of India Life Insurance Agent Salary FAQs

What is the salary of Life Insurance Agent at Life Insurance Corporation of India?
Life Insurance Agent salary at Life Insurance Corporation of India in India ranges between ₹1.0 Lakhs to ₹7.5 Lakhs for experience between 1 years to 15 years. According to our estimates it is 7% more than the average Life Insurance Agent Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Life Insurance Agent at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Life Insurance Agent at Life Insurance Corporation of India is 7% more than the average salary of a Life Insurance Agent in India. To know exact salary insights, login to view.
What are the top skills required to work as a Life Insurance Agent at Life Insurance Corporation of India?
Life Insurance, Insurance Sales, Insurance, Selling Skills and Field Work are some of the popular skills required to work as a Life Insurance Agent at Life Insurance Corporation of India India.
Which similar companies are paying more than Life Insurance Corporation of India to a Life Insurance Agent in India?
  • Tata AIA Life Insurance Life Insurance Agent Salary - ₹4.0 Lakhs to ₹5.3 Lakhs per year
  • Aditya Birla Sun Life Insurance Life Insurance Agent Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
What is the salary of a Life Insurance Agent in companies similar to Life Insurance Corporation of India in India?
  • HDFC Life Life Insurance Agent Salary - ₹2.0 Lakhs to ₹3.9 Lakhs per year
  • Kotak Mahindara Life Insurance Life Insurance Agent Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year
  • Bajaj Allianz Life Insurance Life Insurance Agent Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
  • Shriram Life Insurance Life Insurance Agent Salary - ₹1.5 Lakhs to ₹4.2 Lakhs per year
  • Max Life Insurance Life Insurance Agent Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Life Insurance Agent at Life Insurance Corporation of India in India?
The estimated take-home salary of a Life Insurance Agent at Life Insurance Corporation of India ranges between ₹21,390 per month to ₹23,032 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Life Insurance Agent salary in India which ranges between ₹1.0 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Life Insurance Agent at Life Insurance Corporation of India?
According to AmbitionBox, 64% of the Life Insurance Corporation of India Life Insurance Agents reported a notice period of 15 days or less, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 36 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Life Insurance Agent salary in India ranges between ₹1 Lakh to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.