How to Become an LIC Agent?

Gaurav Seth
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Gaurav Seth

Steps to Become LIC Agent

Who Is an LIC Agent?

LIC agent is an individual that promotes life insurance and other insurance plans floated by the LIC. It is considered to be a prestigious position as you become a member of the selected community that works in India’s huge BFSI (Banking Financial Services and Insurance) Industry. An agent is not an employee of the LIC rather it is self-employment or business facilitated by India’s largest public-sector insurance company. As of today, LIC offers different types of life insurance plans and an agent will promote these in his/her internal and external network.   


  1. Must have passed the 10th examination.
  2. Need to pass the pre-requisite test conducted by the Insurance Regulatory and Development Authority of India (IRDAI).
  3. Applicants should be at least 18 years of age.

Documents Required

  1. Passport size photographs.
  2. 10th Marksheet.
  3. Graduation Marksheet (if any)
  4. Age Proof
  5. Copy of PAN Car
  6. Address Proof (Aadhar, Voter ID, Ration card, Passport, License, Bank statement, Electricity, or Telephone bill)

Process to Become LIC Agent 

If you aim to become an LIC agent and possess the right eligibility, aptitude, and skills, then you can follow the below process.

1. Meeting the Regional LIC Development Officer:

To become a LIC agent, you can simply reach out to your nearest branch and meet the development officer and show your interest in the profile. 

Alternatively, you can register yourself on the online LIC portal by filling in the necessary details including your name, town, locality, contact info, education, etc. 

2. Clearing the Interview:

This step is very important because unless and until you don’t clear this interview, you won’t be able to become a LIC Agent. So be confident and presentable as you will be a judge on the same. The questions will be basic and the interviewer will try to know about you. Some questions related to insurance, money, and finance can also be asked. 

3. Completion of Training:

After clearing the interview, the officer will ask to enroll in training. This will be a 25-hour training session conducted over some days and will explain all the workings and business in the life insurance industry and what it involves. IRDAI and its rules related to life insurance are also taught. This training has to be taken by attending the earnest branch. 

4. Registration for Exam:

After successfully completing the above steps, you have to clear a Pre-Requisite Test which is called LIC Agent PRT. There are two options to register for the same.

  1. Offline: Get yourself registered with the nearest LIC branch.
  2. Online: Register yourself at IRDAI Portal.

You can reach out to the development officer in case you need any help. Also, a canceled cheque along with the above-mentioned documents would be required while registering. 

5. Appointment Letter and ID Card

After passing the exam, you will be provided with an ID card as LIC Agent and an appointment letter. Your development officer would provide further assistance on how you can be successful as a LIC Agent. 

Also Read: How to Become 


Approximate expenses to become an LIC agent include: 

1. Offline Registration and Exam:

  1. Reg fee: Rs. 150
  2. Books and Study Material: Rs. 200
  3. IRDA Pre Recruitment Test (offline): Rs 500
  4. A total of Rs. 850 will be spent

2. Online Registration and Exam:

A total of Rs. 1000 will be spent which will include:

  1. Reg fee: Rs. 150
  2. Online Training: Rs. 150
  3. Study Material and Books: Rs. 200
  4. IRDA LIC Agent PRT (Online): Rs. 500


  1. You will get a 25% of the premium paid during the 1st year by policyholders.
  2. If you are able to sell more plans, a bonus of 40% of the eligible 1st-year commission will be given based on other T&C.
  3. If you complete a business guarantee of at least 15 years, retirement benefits will be given up to Rs. 2,00,000 in the form of gratuity.
  4. Hereditary benefits are available for families in case of the unfortunate demise of the agent.
  5. During the 2nd and 3rd year of the policy, you will be given a 7.5% commission of the total annual premium that a policyholder pays.
  6. From the 4th year of the policy, you will continue to receive 5% of the annual commission paid by the policyholder.

Other Benefits:

  1. Interest-free vehicle loan
  2. Advance for festival celebration
  3. Reimbursement of mobile and landline bills
  4. Furniture Allowance
  5. Office maintenance allowance
  6. Low-interest home loan

Perks Offered:

  1. Entry to Divisional managers’ Club
  2. Entry to Branch Managers’ Club
  3. Subject to performance, you can also get entry into Chairman’s, Corporate, and Zonal Managers’ Club.


In today’s world where some individuals are looking to earn some extra money, and some individuals look forward to work and earn as soon as they pass their SSC, becoming a LIC agent is the most suitable and one of the great options. One can continue his/her study and work even after practicing this profession, as it doesn’t require you to stay in the office. Thus, you can begin a career as a LIC agent when you want to begin.

More Information:

LIC New Jeevan Anand (915): Benefits, Eligibility, Grace Period, Maturity
LIC’s New Endowment Plan (914)
Unit Linked Insurance Plans (ULIPs)
Importance of Health Insurance
LIC Tech Term Plan
LIC Jeevan Akshay Policy VII
LIC Term Plans
LIC Jeevan Amar Plan 855

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