An LIC agent helps individuals plan their life insurance needs, ensuring their families are financially protected in case of unexpected life events like death, disability, or retirement of the main income earner. It is a profession of great purpose and social value.
LIC agents play an important role in the country’s economic development, as the premiums collected are invested in major infrastructure projects such as roads, railways, bridges, ports, housing, electricity, and water supply.
Top LIC agents can earn between ₹3 crore to ₹4 crore annually, showcasing the profession’s lucrative potential.
The average annual income of the top 20% of LIC agents exceeds ₹12 lakh, reflecting both financial stability and growth opportunities in this career.