How to Join as LIC Agent?

           If you have the fire in unearthing your potential-with the right oppurtunity you can really consider entrepreneurial LIC Agency for your career. Provided you are an Indian Citizen,The first thing to do is to walk-in at your nearest LIC branch office and meet a Development Officer over there and express your willingness to join this mighty organization as an life insurance advisor, i.e.: The LIC Agent.
He will guide you with an parental care.
Here is the procedure to start an investment-free business, with a field of crorepati income opportunities.
Educational Qualification Requirements:
Rural Areas(with population of less than 5000)-Minimum SSLC pass.
Urban Areas; Minimum + 2 completed/ 3 year Diploma holders/ UG/ PG.
Pre-licensing Interview :
Once you've got entered for this LIC Agency oppurtunity, your entrepreneurial eagerness might only be the basic requirement looked into you. You have fill-up the Agency Application Form and attend an oral interview with the branch manger-in-charge.
(Documents Required for attending walk-in interview)
+2/ sslc marklist [proof of Edu. Qln & D.o.B.]
Proof of Address:Driving License/Voter I.D./Ration Card. (any one)
Pancard
Passport size Photos: 4 nos. [with white coloured background]
Acquiring IRDA License:
As a pre-requisite for becoming an life insurance agent in India, IRDA (Insurance Regulatory& Development Authority) have stipulated an 50 hour mandatory training. On successful completion of the two week training, he/she need to qualify the online examination conducted by the Insurance Institute of India.
Regarding 50 hour training& qualifying the IRDA Exam:
Training methods- offline/ online.
The classroom(offline) training is offered by LIC OF INDIA at zero cost.
An dedicated participation& keen preparation would ensure your pass[min. 50%] in the one hour online examination.
Results will be announced instantly.
Congratulations to the qualifiers for entering a world of alltime opportunities.
For those who haven't passed[17.5 marks and lesser; i.e.:less than 35%], can apply directly for the next scheduled exam with the same training certificate.
Post-Licensing Interview:
On successfully qualifying the IRDA Examination, you can attend the post-licensing interview with concerned authorities. With that you can start off with flying colours to give a grand opening business with your  allotted Code Number for your brand new Agency.
Start here.. Stop Never...

 

LIC Jeevan Ankur Product summary

An Overview:

LIC's Jeevan Ankur (Plan No. 807) is a conventional with profits plan, specially designed to meet the educational and other needs of your child. If you are the parent of a child aged upto 17 years LIC's Jeevan Ankur is the most suitable insurance plan for you which ensures that your responsibilities are met whether you survive or not and without depending on anyone else. The risk cover under this plan will be on your life as a parent and the named child shall be the nominee under the plan. The policy term shall be based on the age at maturity of the child.

Death benefit:

On death of the Life Assured during the policy term: Basic Sum Assured shall be payable to the nominee and an income benefit equal to 10% of Basic Sum Assured shall be payable on each policy anniversary, from the policy anniversary coinciding with or next following the date of death, till the end of the policy term. On death of child, when Life Assured is alive: On death of the child, the Life Assured will have an option to nominate another child/person and the policy will continue with the same benefit payable to new nominee/legal heirs after the death of the Life Assured during the term of the policy.
On death of child/nominee after Life Assureds death: The policy shall continue and the benefits shall be payable to the legal heir(s).

Maturity Benefit:

At the end of the policy term an assured maturity benefit equal to Basic Sum assured along with Loyalty Addition, if any, shall be payable irrespective of survival of the Life Assured.


Jeevan Ankur- www.sites.google.com/site/licchristophercbe

Loyalty Addition:

 Depending upon the Corporations experience the policy will be eligible for Loyalty addition on the stipulated date of maturity irrespective of survival of Life Assured.

Accident Benefit Rider:

 This benefit is available under regular premium policies only. An additional sum equal to Accident Benefit Rider Sum Assured is payable upon death due to accident. The Accident Benefit Rider Sum Assured may be opted for an amount upto the Basic Sum Assured subject to minimum of Rs. 25,000 and maximum of Rs. 50 lakh (including all policies with LIC of India and other insurers). This benefit will be available only till the age nearer birthday of the Life assured is 70 yrs.

Critical Illness Rider:

An amount equal to Critical Illness Rider Sum Assured will be payable in case of diagnosis of defined categories of Critical Illnesses. The Critical Illness Rider Sum Assured may be opted for an amount upto the Basic Sum Assured subject to a minimum of Rs. 50,000 and a maximum of Rs. 5 lakh (including all policies with LIC of India). This benefit will be available provided the policy matures on or before the Life Assured attains 60years of age. Critical Illness Rider can be availed with or without Premium Waiver Benefit. If Critical Illness Rider is opted with Premium Waiver Benefit, then in the event of Life Assured diagnosed with any of the Critical Illnesses covered under the policy, the total future premium in respect of the policy will be waived. The Basic Sum Assured under such policies should be equal to the Critical Illness Rider Sum Assured.

 

Payment of Premiums:

Premiums can be paid regularly at yearly, half-yearly, quarterly or monthly mode (through ECS only) or through SSS mode over the term of policy. Alternatively, a single premium can be paid.
Policy Loan: No loan facility will be available under this plan.