In the next ten decades, India’s insurance market is predicted to quadruple in size from its current condition of $60 billion.But, despite being the next most populous nation, India’s insurance penetration rate is 3.42% far below the global average speed, which is 6.2percent (Source: Insurance Report’Transformative Agenda for The Indian Insurance Industry and its Policy Framework’). 

Consequently, the Indian insurance industry still has large untapped potential.As someone who’s seeking to ride this money wave through employment, one of the simplest tasks you can think about is that of an insurance agent. Insurance brokers act as the closing linking connection between the insurance company and the individual investor as a representative of the insurer. As an agent for life Insurance carrier, you can enjoy a lot of advantages; monetary, social & private.

Here’s a list of Ten unique benefits  available to become Insurance Advisor in LIC Of India:

1. Start Earning at Age 18 : One advantage of becoming an insurance broker is that the ease of entrance; most agents will need to have finished just a secondary school. Right after completing your 10th, you’ll become an insurance agent. Whatever you’ll need is love for the excitement of the search, the rush of a sale. As well as there in not upper age limit.

2.No limit of higher AGE , Education and Profession:It is very   lucrative profession for CA, Engineer, Accountant, Teacher, Employed,Housewife, Businessman,Retired,VRS etc. Any on with any background at any age can start earning as LIC AGENT.

3. Be Your Own Boss :If you’ve got entrepreneurial inclinations and a passion for building your own organization, perhaps you ought to attempt to become an LIC Insurance AGENT.

When you work on your own, you can work as per your program and also develop your own system for attracting and developing customers.The more you invest your time and resources, the more returns you can expect to get.You just have to have the right mindset to market insurance in a rightful way.

4.Build a Secure Income and Control the Development :The industry provides huge untapped earning potential and once you become a LIC AGENT, your income is only limited by your desire.

Due to under-served insurance markets, there is always this opportunity of earning with a little more effort. The best part is your one-time effort can construct a very long stream of cash flows, which may be maintained with minimal service attempts.

As soon as you sell the coverage, the earning will not limit to the initial year only. You will make on the policy renewal also, which can easily go up to 30 decades.Therefore, over a period, your regular income stabilises, and each extra effort simply increases your income farther.

5.Zero Investment Required: The only investment that you need to do is your time and effort. There is not any upper limit on the income which you’re able to generate. Just you have to make arrange for Training fee Rs 150 and NSEIT online IRDA exam fee Rs 500 ,It will be back with one sales of Insurance.

6.Flexible Work Timings :Most office jobs need their employees to be at their desks at 9 am in the morning and has to sit through the day till 6 pm.

But, LIC Insurance Advisor have flexible working timings. As an insurance broker, you may choose to work depending on your convenience or also establish your office away from your home. If you are a homemaker, then you can use the chance to become financially independent and contribute to your family income.

Similarly, retired people also can make an additional revenue stream as an insurance agent by helping people understand and buy insurance programs. This also works as a fantastic source of part-time income, for people who are already occupied with other jobs. Once you become an agent for life or general insurance, you are able to choose the time and location you’d like to work.

7.Make a Difference in People’s Lives: Do you believe that only professions like doctors and educators can positively impact people’s lives? Insurance Advisor are rewarded as their job helps people to build resources, take care of child schooling, transfer wealth from one generation to the next, plan for retirement and much more.As an insurance broker, you can alter lifestyles, and also this feeling is greatly satisfying and should keep you in high spirits.

8.Learn from Industry Pros: As soon as you become a representative of a reputed insurance provider like LIC of India, you receive a lot of opportunities to develop your personal and professional skills through expert-led training programs.

The training might include classroom instruction, field vulnerability, and one-on-one training.The business is keen on imparting training and development service to their own agents, and so, they supply additional training, arrange seminars/workshops to help them learn more and community with other men and women.

Once again as an LIC Insurance Advisor, you have a choice to learn from the very best in the business and keep yourself updated with the most recent events.

9.Get rid of Paper Work, inter the Digital World: Those days has gone when LIC AGENT used to take loads of brochures and policy documents to fulfill customers.

Nowadays, you have all brochures and application forms available at your fingertips. As a modern insurance agent, it is possible to just take a laptop or a tablet computer to present your insurance coverage to your prospects and complete the formalities for clients. Even there’s absolutely no demand to get a fat scheduler since you’re able to use tablet computers (and your smartphone) to handle leads, schedule appointments and explain products to the customer.

10. Rewards & Recognition:You get a chance to experience various national & international recognition forums as an insurance agent. For instance, Top of Table, COT of Table and Million Dollar Round Table(MDRT) memberships are a couple of big recognition forums for life insurance agents. Qualifying for these awards may be strict but, can also project the agent on the international stage.

In summary, if you’re searching for careers where you could be your own boss, define your earnings by yourself, and help individuals build a financially stable future, getting an insurance agent could be the matter for you. APPLY ONLINE FOR LIC AGENT in MUMBAI.