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PROCEDURE TO BECOME LIC AGENT

  • Here are step by step guideline to know the procedure about How to Join LIC as Agent. If you fulfill all eligibility criteria to become Agent for Life Insurance of India then you can register yourself as agent through our online registration form. 

STEP-1: REGISTRATION

The first step to become LIC Agent is LIC Agent Registration. There are two ways to register yourself with LIC viz Offline & Online.

STEP-2: PRE-EXAM TRAINING

Once you successfully complete the registration process, you need to enroll for a pre examination training course of 25 hours duration which you can attend either offline at LIC’s training center for four days or candidates can also go for online pre examination training which they can attend from home as per their time suitability.

The pre-examination training includes learning about the life insurance business and its principles, Rules and Regulations & about governing body of insurance industry which is Insurance Regulatory and Development Authority of India (IRDAI).

You will be provided with specifically designed training material and mock tests for the ease of studying and passing the exam.

STEP-3: IRDA ONLINE EXAM

Upon successful completion of your online agent registration and training the next step is IRDA Online exam. Some important points about LIC agent exam are:

  1. The time duration for exam is 1 hour.
  2. You will be given 50 Objective type questions (From the training syllabus).
  3. Each question is worth one mark.
  4. You have to score only 18 marks out of 50 questions.
  5. There is no negative marking.

STEP-4: APPOINTMENT & PRODUCT TRAINING

After passing the IRDA Exam you will be provided LIC Product training from the basics. Our training program is designed specifically to clear basics of LIC Policies and objection handling. Agents will be issued a appointment letter & ID Card from LIC which authorized them to sell insurance business of the company. At the time of appointment candidates need to fill agency form and submit the required documents.

DOCUMENTS REQUIRED

  1. Passport size colored photographs.
  2. Photocopy of your educational qualification documents.
  3. Address Proof: Aadhar Card, DL, Passport, Voter id, Rent Agreement etc.
  4. Copy of your Pan Card
  5. Cancelled Cheque

After successful submission of your agency form and documents LIC Branch Manager will take a formal interview and LIC will issue you the appointment letter and ID card.

FEES REQUIRED FOR LIC AGENT EXAM

Registration Fee: INR 150.00

Online Pre-Exam Training Fee: INR 200.00 (Offline training at LIC’s training center will be free of cost).

IRDA Exam fee: INR 500.00 (Candidate will receive SMS from IRDA having one Unique Reference Number for payment of online exam fee).

 

LIC EXAM DATES & ADMIT CARD

Candidates can choose exam dates according to their time and day suitability after completion of pre-exam training and after online payment of exam fee. For working candidates, IRDA makes a provision of early morning and late evening timings of exam and sometimes also provides exam days on Saturday also.