question and answer - lic agency

Can a LIC agent’s son take a LIC agency?

Yes any person related to LIC agent can take LIC agency in his or her name there is no restriction on giving LIC agency to anybody related to work already already LIC agent the process is similar to anyone just need just need to have the basic thanks in place like the person must be a resident of like the person must be a resident of person must be a resident of India over 18 years of age must have passed 10th class for rural area and twelfth class for urban areas.

Criteria to apply for LIC Agent’s license

  1. The applicant must be an Indian citizen
  2. Must be 12th pass
  3. Should not have any legal case pending
  4. Should be 18 years or older

The applicant need to appear for a exam conducted by Insurance Institute of India approved by the IRDA of India. The examination is a multiple choice online exam it is usually of 50 marks. Out of 50 you need to have it at least 17 correct answers there is no negative marking in the exam once you clear the clear the exam the results will be be declared instantly.

The very next day after the passing of exam you can visit your nearest LIC office and apply for LIC agency a brief interview would be conducted by the LIC branch manager.

You would be allotted a LIC agency to apply at the branch you need to submit your documents like ID proof address proof photograph bank details educational certificates.

Vikas is the founder of InsuringGurgaon.com - an LIC life insurance agency based in Gurgaon. He has a experience of 16 years and is working with professionals, corporate and HNIs for their LIC services needs. Vikas is a MBA in marketing from Symbiosis, Pune and has a experience of 15 years working with companies at various levels. Vikas can be reached at 9891420503 and [email protected]

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