Life Insurance Corporation of India Territory Manager Salaries by 6 Employees (Updated 2025)

7 - 15 years exp.

₹4 Lakhs - ₹11.5 Lakhs

Low Confidence

Salary of majority employees

6% more than the average Territory Manager Salary in Insurance Companies for 7 - 15 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 8 - 15 years exp. (4 salaries)	₹4.2 L/yr - ₹11.5 L/yr
Login to view exact salary
Sales & Business Development Territory Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 16 Mar 2023

Companies similar to Life Insurance Corporation of India for Territory Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Territory Manager Salary 9 - 20 years exp. (226 salaries)	₹10.4 L/yr - ₹21 L/yr 77% more
ICICI Prudential Life Insurance Territory Manager Salary 7 - 9 years exp. (4 salaries)	₹5.5 L/yr - ₹6.2 L/yr 27% less
Login to view exact salary
SBI Life Insurance Company Territory Manager Salary 4 - 15 years exp. (100 salaries)	₹4 L/yr - ₹7 L/yr 32% less
Max Life Insurance Territory Manager Salary 10 - 18 years exp. (40 salaries)	₹7.5 L/yr - ₹19 L/yr 70% more
Bajaj Allianz Life Insurance Territory Manager Salary 4 - 20 years exp. (232 salaries)	₹3.7 L/yr - ₹9 L/yr 19% less
Kotak Mahindara Life Insurance Territory Manager Salary 19 - 20 years exp. (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr 105% more
Reliance Nippon Life Insurance Territory Manager Salary 5 - 17 years exp. (100 salaries)	₹4 L/yr - ₹12 L/yr 12% less
Tata AIA Life Insurance Territory Manager Salary 5 - 14 years exp. (82 salaries)	₹5.2 L/yr - ₹10 L/yr 1% more	5 job openings
PNB MetLife Territory Manager Salary 4 - 17 years exp. (251 salaries)	₹4.5 L/yr - ₹10.2 L/yr 5% less	3 job openings
Aditya Birla Sun Life Insurance Territory Manager Salary 2 - 11 years exp. (9 salaries)	₹6.3 L/yr - ₹9 L/yr 10% less
Bajaj Allianz General Insurance Territory Manager Salary 2 - 14 years exp. (303 salaries)	₹2.4 L/yr - ₹7 L/yr 35% less
Login to view exact salary
Star Health & Allied Insurance Territory Manager Salary 10 - 20 years exp. (44 salaries)	₹7.2 L/yr - ₹17 L/yr 70% more
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 15 years exp. (42 salaries)	₹5.6 L/yr - ₹14 L/yr 15% more
Cholamandalam MS General Insurance Territory Manager Salary 11 - 15 years exp. (35 salaries)	₹5 L/yr - ₹11 L/yr At par
Care Health Insurance Territory Manager Salary 5 - 13 years exp. (30 salaries)	₹4.2 L/yr - ₹7.9 L/yr 23% less
HDFC Ergo General Insurance Territory Manager Salary 5 - 18 years exp. (18 salaries)	₹4 L/yr - ₹10 L/yr 10% less
Shriram Life Insurance Territory Manager Salary 3 - 10 years exp. (9 salaries)	₹3 L/yr - ₹7.2 L/yr 43% less
Aditya Birla Insurance Brokers Territory Manager Salary 6 - 14 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 16% less
Allianz Partners Territory Manager Salary 4 - 6 years exp. (3 salaries)	₹4 L/yr - ₹4.1 L/yr 49% less

Territory Manager salary at Life Insurance Corporation of India ranges between ₹4 Lakhs to ₹11.5 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Territory Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.8 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
13 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.3 L/yr
14 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
15+ years (AmbitionBox Estimate)	₹11.5 L/yr - ₹11.5 L/yr

View all

Similar Designation salaries in Life Insurance Corporation of India

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Deputy Manager Salary

(5 salaries)

₹2.35 L/yr - ₹9.28 L/yr

Senior Territory Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Area Manager Salary

(4 salaries)

₹7.5 L/yr - ₹10 L/yr

Area Sales Manager Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Sales Manager Salary

(19 salaries)

₹2 L/yr - ₹6.5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Relationship Manager Salary

(6 salaries)

₹2.15 L/yr - ₹5 L/yr

Team Lead Salary

(17 salaries)

₹1.4 L/yr - ₹4 L/yr

Assistant Sales Manager Salary

(5 salaries)

₹3.3 L/yr - ₹10.15 L/yr

Salary related reviews for Life Insurance Corporation of India

3.0

Rated by 1 employees for salary & benefits

Advisor in Kulgam

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

Likes

Good bonus Good incentives Respect given by whole team of LIC Good guidance and counselling and training sessions at LIC office

Salary - Excellent

+3 more

Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

Skill development - Poor

+2 more

Development Officer in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 21 Sep 2023

3.0

for Salary and Benefits

Likes

Job Performing Flexibility.

Job security - Excellent

+3 more

Dislikes

...e Teams. 2. Other benefits, which are not upto the standards or satisfaction. 3. No Festival bonuses/ annual bonuses. 4. No Family bonus 5. No clarity about Pension

Promotions - Poor

Development Officer in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 20 Feb 2023

3.0

for Salary and Benefits

Likes

Good company in terms of the pay and benefits, but at a heavy price.

Dislikes

All the rules and restrictions/punishment are imposed only on class 2 officers of the organisation. Targets are imposed only on development officers.

Skill development - Poor

+5 more

Insurance Adviser in Suryapet

Full Time

Construction & Site Engineering Department

5.0

• posted on 24 Apr 2022

5.0

for Salary and Benefits

Likes

...us, we need to complete basic target - can be achieved easily to retain licence. We as agents, upon reaching membership target's, we receive bonus, advances & other benefits.

Salary - Excellent

+6 more

Dislikes

In this competitive industry, we need to implement new combination policies like pvt companies, which gives multiple benefit options to choose for customer & we need to upgrade in digital marketing/Easy ways to receive customer feedback, requests, their suggestions etc. We need to cut off those lengthy process in different sections.

Development Officer in Birbhum

Full Time

Sales & Business Development Department

3.0

• posted on 31 Oct 2022

4.0

for Salary and Benefits

Likes

Daispora of LICI. Salary and Perks. Free to work.

Salary - Good

+1 more

Dislikes

No job security at ADO/PDO post. Work life balance (what is it ?). Forget about help from colleague. If you are from sound and wealthy background just dive in.

Job security - Bad

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about Life Insurance Corporation of India?

Ask anonymously on communities.

Life Insurance Corporation of India Territory Manager Salary FAQs

What is the salary of Territory Manager at Life Insurance Corporation of India?

Territory Manager salary at Life Insurance Corporation of India in India ranges between ₹4.0 Lakhs to ₹11.5 Lakhs for experience between 7 years to 15 years. According to our estimates it is 6% more than the average Territory Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Life Insurance Corporation of India India.

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

The average salary of a Territory Manager at Life Insurance Corporation of India is 6% more than the average salary of a Territory Manager in India. To know exact salary insights, login to view.

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

Kotak Mahindara Life Insurance Territory Manager Salary - ₹14.2 Lakhs to ₹18.1 Lakhs per year
HDFC Life Territory Manager Salary - ₹10.4 Lakhs to ₹21.0 Lakhs per year
Star Health & Allied Insurance Territory Manager Salary - ₹7.2 Lakhs to ₹17.0 Lakhs per year
Max Life Insurance Territory Manager Salary - ₹7.5 Lakhs to ₹19.0 Lakhs per year
ICICI Lombard General Insurance Company Territory Manager Salary - ₹5.6 Lakhs to ₹14.0 Lakhs per year

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

Tata AIA Life Insurance Territory Manager Salary - ₹5.2 Lakhs to ₹10.0 Lakhs per year
Cholamandalam MS General Insurance Territory Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
PNB MetLife Territory Manager Salary - ₹4.5 Lakhs to ₹10.2 Lakhs per year
Aditya Birla Sun Life Insurance Territory Manager Salary - ₹6.3 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Territory Manager at Life Insurance Corporation of India ranges between ₹58,332 per month to ₹59,802 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Territory Manager salary in India which ranges between ₹4.0 Lakhs to ₹11.5 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Life Insurance Corporation of India Territory Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Territory Manager Salaries by Location

Home >
Salaries >
Life Insurance Corporation of India Salaries >
Life Insurance Corporation of India Territory Manager Salaries

Life Insurance Corporation of India Territory Manager salary in India ranges between ₹4 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.