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Life Insurance Corporation of India Life Insurance Agent salaries in India

Annual salary range
1 - 6 years exp.
₹1 Lakh - ₹7 Lakhs
Salary of majority employees
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6% less than the average Life Insurance Agent Salary in Insurance Companies for 1 - 6 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Administration & Facilities
Life Insurance Agent Salary
1 - 3 years exp. (3 salaries)
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₹2.2 L/yr - ₹2.4 L/yr

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

Marketing & Communication
Life Insurance Agent Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.1 L/yr

Sales & Business Development
Life Insurance Agent Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹8 L/yr

BFSI, Investments & Trading
Life Insurance Agent Salary
4 years exp. (AmbitionBox Estimate)
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₹1 L/yr - ₹1.9 L/yr

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Last Updated: 30 Jan 2025

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

arrow icon 12% more
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₹0.5 L/yr - ₹3.6 L/yr

arrow icon 9% less
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₹2 L/yr - ₹4.5 L/yr

arrow icon 3% more
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 12% more
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₹1 L/yr - ₹4 L/yr

arrow icon 9% more
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₹1 L/yr - ₹5 L/yr

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₹4 L/yr - ₹5.3 L/yr

arrow icon 80% 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 16% less
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₹3 L/yr - ₹3.5 L/yr

arrow icon 35% more
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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 6% more
Life Insurance Agent salary at Life Insurance Corporation of India ranges between ₹1 Lakh to ₹7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 20 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: 30 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.4 L/yr - ₹6 L/yr
2 years  (7 salaries)

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

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₹1.5 L/yr - ₹4.3 L/yr
4 years  (3 salaries)

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₹1 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)

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₹2 L/yr - ₹3 L/yr
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Similar Designation salaries in Life Insurance Corporation of India

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₹1 L/yr - ₹5.05 L/yr
LIC Agent Salary
(373 salaries)
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₹0.6 L/yr - ₹7.21 L/yr
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₹2 L/yr - ₹2.54 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.5 L/yr
Agent Salary
(184 salaries)
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₹0.7 L/yr - ₹6.95 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
Sales Executive Salary
(67 salaries)
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₹1 L/yr - ₹5 L/yr
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₹1 L/yr - ₹4.5 L/yr
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₹2.5 L/yr - ₹6 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 Customer Engagement Life Insurance Cold Calling Public Speaking Risk Management Insurance Hindi Communication Skills

Salary related reviews for Life Insurance Corporation of India

4.5

Rated by 16 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

read more
  • 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.

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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.

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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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  • Work-life balance - Good

Dislikes

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

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  • Salary - Poor
  • +3 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.

read more
  • 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.

read more
  • Job security - Poor
  • +3 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
  • Salary - Excellent
  • +6 more

Dislikes

Only slow career growth and no pension for agents.

see more salary related reviews

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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 ₹7.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 6% less than the average Life Insurance Agent Salary in India. Salary estimates are based on 20 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 6% less 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 ₹3.5 Lakhs per year
  • Bajaj Allianz Life Insurance Life Insurance Agent Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
  • 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
What is the salary of a Life Insurance Agent in companies similar to Life Insurance Corporation of India in India?
  • 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
  • SBI Life Insurance Company Life Insurance Agent Salary - ₹0.5 Lakhs to ₹3.6 Lakhs per year
  • Reliance Nippon Life Insurance Life Insurance Agent Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year
  • PNB MetLife Life Insurance Agent Salary - ₹0.6 Lakhs to ₹4.0 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 ₹16,436 per month to ₹18,127 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 ₹7.0 Lakhs per year for employees with experience between 1 years to 6 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, 61% of the Life Insurance Corporation of India Life Insurance Agents reported a notice period of 15 days or less, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 41 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 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.