Part Time Insurance Sales Opportunities for NRIs in Chennai - Flexible Career with LIC

Unlock Your Potential: Part-Time Insurance Sales Career with LIC

Are you an NRI looking for a genuine and rewarding secondary income opportunity? Do you have a passion for sales and a desire to work with a renowned and trusted brand? Look no further! We are excited to offer part-time insurance sales opportunities with LIC, one of India's most respected and financially stable insurance companies. As a part-time agent, you will have the flexibility to work from the comfort of your own home, leveraging your skills and network to sell LIC's diverse range of insurance products to potential customers.

About LIC and Our Insurance Products

LIC is a leading insurance provider in India, offering a wide range of insurance products that cater to diverse customer needs. Our products are designed to provide financial security, savings, and investment opportunities, while also offering tax benefits. As an LIC agent, you will have access to our comprehensive product portfolio, including:

• Endowment Plans: Cover life risks and provide savings/huge amounts of money.
• Pension Plans: Cover life risks and provide periodical payouts.
• Investment Plans: Such as ULIPs, which offer Mutual Funds along with Life Cover.
• Term Plans: Cover life risks at a minimal premium.
• Health Plans: Cover hospital expenses along with life risk.

Our products are designed to meet the evolving needs of our customers, and as an agent, you will be able to offer them tailored solutions that meet their financial goals and aspirations.

Key Responsibilities

As a part-time LIC agent, your primary responsibilities will include:

• Prospecting customers and selling them the LIC products they need.
• Following up with customers to ensure policy renewals and maximize commission earnings.
• Providing excellent customer service and support to build long-term relationships.

You will have the flexibility to work at your own pace, leveraging your existing network and skills to identify and engage with potential customers. Our comprehensive training and support will equip you with the knowledge and confidence to succeed in this role.

Remuneration and Incentives

As a part-time LIC agent, you will earn a commission-based income, with the potential to earn up to 35% as an incentive bonus for all your work. Our remuneration structure is designed to reward your performance and provide a steady income stream. The commission cycle is twice a month, on the 1st and 16th.

The commission structure is as follows:

• Policies with Terms of more than 15 years: 25%+10%(bonus) commission for all the first-year premiums, followed by 7.5% in the second and third years, and 5% every year throughout the policy term.
• Term 10-14 years: 20%+8%(bonus) for 1st-year premium, followed by 7.5% in the second and third years, and 5% every year throughout the policy term.
• Term 5-9 years: 10%+4%(bonus) for 1st-year premium, followed by 5% every year throughout the policy term.
• Other terms: Commission is based on the products.

Why Customers Choose LIC

Customers choose LIC for its:

• Tax Benefits: Premiums paid to LIC life insurance policies are exempted from tax up to 150,000 according to Section 80C of the IT Act, and premiums paid to LIC's Health Insurance policies are exempted from tax up to 50,000 according to Section 80D of the IT Act.
• Tax-Free Maturity Benefits: Maturity or Death benefits of LIC are exempted from tax according to Section 10(10D) of the IT Act.
• Good Investment + Insurance Opportunity: LIC offers a unique combination of life cover and investment opportunities, with various bonuses on maturity from LIC's Annual Profits.

Essential and Preferred Qualifications

To succeed as a part-time LIC agent, you should have:

• A strong network and communication skills.
• A passion for sales and customer service.
• Basic knowledge of insurance products and financial planning (training will be provided).
• Ability to work independently and manage your time effectively.

While prior experience in sales or insurance is preferred, it is not essential. We will provide comprehensive training and support to help you succeed in this role.

Career Growth Opportunities and Learning Benefits

As a part-time LIC agent, you will have the opportunity to develop your skills and knowledge in insurance sales, customer service, and financial planning. You will also have access to our comprehensive training programs, which will equip you with the expertise and confidence to succeed in this role. With experience and performance, you can grow your business and increase your earnings potential.

Work Environment and Company Culture

As a part-time LIC agent, you will have the flexibility to work from home, leveraging technology to engage with customers and manage your business. Our company culture is built on a foundation of integrity, customer-centricity, and teamwork. We value our agents and provide them with the support and resources they need to succeed.

Compensation, Perks, and Benefits

As a part-time LIC agent, you will earn a commission-based income, with the potential to earn up to 35% as an incentive bonus. You will also have access to our comprehensive training programs, marketing support, and customer service resources. While we cannot disclose specific compensation details, we can assure you that our remuneration structure is competitive and designed to reward your performance.

Join Our Team!

If you are an NRI looking for a genuine and rewarding secondary income opportunity, we encourage you to apply for this part-time insurance sales role with LIC. With our comprehensive training and support, you will be equipped to succeed in this role and build a fulfilling career. Don't miss this opportunity to unlock your potential and join our team!

To apply, please contact:

Jithin J Prasad, LIC Development Officer, Chennai

• Email: [email protected]
• WhatsApp/Phone: +91 8714 430 432
• Website: www.jithinjp.com

We look forward to hearing from you!