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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

based on 277 latest salaries
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BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
0 - 20 years exp. (277 salaries)
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₹0.5 L/yr - ₹7.5 L/yr

2 job openings
1 - 10 years exp. (189 salaries)
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₹0.8 L/yr - ₹7 L/yr

0 - 8 years exp. (80 salaries)
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₹1 L/yr - ₹6 L/yr

1 - 7 years exp. (69 salaries)
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₹1 L/yr - ₹6 L/yr

Starting your career? Discover Life Insurance Corporation of India fresher salaries in India
1 - 15 years exp. (68 salaries)
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₹1.2 L/yr - ₹5.1 L/yr

1 - 4 years exp. (24 salaries)
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₹1 L/yr - ₹4.5 L/yr

1 - 12 years exp. (19 salaries)
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₹2 L/yr - ₹6.5 L/yr

0 - 10 years exp. (16 salaries)
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₹1.8 L/yr - ₹7 L/yr

0 - 4 years exp. (12 salaries)
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₹1 L/yr - ₹5 L/yr

0 - 6 years exp. (7 salaries)
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₹2 L/yr - ₹2.5 L/yr

0 - 5 years exp. (6 salaries)
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₹2.2 L/yr - ₹5 L/yr

1 - 4 years exp. (5 salaries)
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₹2.4 L/yr - ₹4 L/yr

2 - 12 years exp. (5 salaries)
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₹2.4 L/yr - ₹9.3 L/yr

1 - 7 years exp. (4 salaries)
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₹1.3 L/yr - ₹3 L/yr

1 - 8 years exp. (4 salaries)
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₹1.6 L/yr - ₹2.7 L/yr

6 - 8 years exp. (4 salaries)
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₹2.5 L/yr - ₹6 L/yr

1 - 4 years exp. (3 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

2 - 3 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.6 L/yr

3 - 5 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.1 L/yr

2 - 3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹5 L/yr

7 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Last Updated: 12 Jan, 2025

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

read 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.

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.

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.

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
see more salary related reviews

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Life Insurance Corporation of India Salary FAQs

How much does Life Insurance Corporation of India pay per year?
The average Life Insurance Corporation of India salary ranges from approximately ₹0.4 Lakh to ₹1.8 Lakh per year for a Customer Support Executive and ₹14 Lakhs to ₹35 Lakhs per year for a Senior Business Associate. Salary estimates are based on 277 Life Insurance Corporation of India salaries received from various employees of Life Insurance Corporation of India. Life Insurance Corporation of India employees rate the overall salary and benefits package 4.2/5 stars.
What is the highest salary in Life Insurance Corporation of India?
The highest-paying job at Life Insurance Corporation of India is a Senior Business Associate with a salary of ₹14 Lakhs to ₹35 Lakhs per year. The top 10% of employees earn more than ₹9.51 lakhs per year. The top 1% earn more than a whopping ₹30 lakhs per year.
What is the minimum salary in Life Insurance Corporation of India?
Minimum salary at Life Insurance Corporation of India depends on the role you are applying for. For Office Assistant the minimum salary is ₹0.5 Lakh to ₹4.5 Lakhs per year, and for Agent the minimum salary is ₹0.8 Lakh to ₹7 Lakhs per year and so on.
What is the salary package for freshers in Life Insurance Corporation of India?
The average salary at Life Insurance Corporation of India for freshers varies from ₹0.8 Lakh to ₹2 Lakhs per year for Office Assistant and ₹4 Lakhs to ₹8.5 Lakhs per year for Development Officer.
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 517 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Average annual salary for LIC Agent in Life Insurance Corporation of India is INRunlock blur . Salary estimates are based on 277 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

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