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Brief description of LIC

Brief description of LIC

LIC is a leading life insurance company with more than 250 lakh customers. It can be said that the trust of the customers on the LIC company which the company is dominating the insurance industry market day by day and the company has become the top priority life insurance company. The company has a wide range of life insurance products available. You can also join LIC as an agent and become an LIC agent. Actually, career in insurance agency is advantageous as it ensures good income. If you want to become an LIC agent then there are some rules you have to follow, which you have to read to get the license. Let’s see what these rules are

  • You need to be enrolled in LIC
  • To gain knowledge about insurance one should take training
  • Have to give the exam prescribed by IRDAI
  • Must pass the exam and get a license to work as an LIC agent

What is LIC agent training?

As per the guidelines made by the Insurance Regulatory and Development Authority of India (IRDAI), classroom training is mandatory for becoming an agent of an insurance company. The duration of training will depend on the type of agency you have applied for. So if you want to become an LIC agent you need to understand the concept of insurance. 25 hours of scheduled training is required to gain knowledge.

Why is training necessary?

Insurance is about technical concepts. Before selling an insurance policy you need to know the basic concepts and workings of insurance. These are verified in the examination conducted by the Insurance Regulatory and Development Authority of India (IRDAI) for securing agent license payable to persons knowledgeable about insurance work. Thus training is required to give you an idea of insurance, how insurance policies work and are sold, and to ensure you pass the exam.

LIC Agent Training Facility

  • Mock test
  • Based on the knowledge acquired in the training you have to clear the IRDAI exam.
  • You become a knowledgeable insurance agent who understands various aspects of insurance
  • You can answer your customer’s questions only if you know the technical aspects of insurance.

Know more about LIC Agent Training

To become an LIC agent you need to undergo 25 hours of classroom training. This training is prescribed by Insurance Regulatory and Development Authority of India (IRDAI). This training will be conducted at LIC’s Divisional Offices or its Training Centres. Some of the branches and offices of LIC are as follows-

How does MintPro help?

Mintpro helps Point of Sales Persons (POSPs) and sell insurance policies for both life and general insurance companies. Specifically, you get the option to become a Point of Sales Person (POSP) and sell life insurance policies from LIC and other leading life insurance companies by choosing MintPro.

MintPro Training

Training to become a Point of Sales Person (POSP) provided by Mintpro is required as per the syllabus prescribed by IRDAI. It is a simple online training module that you can access from your smartphone and computer. You don’t have to attend any classroom training and you can take the training from home or office through your mobile or computer.

The training duration is 15 hours and the entire training procedure is very easy and simple to understand through online videos. After completing the training module, you will take a simple online test conducted by MintPro. Once you clear the test, you will be licensed to work as a Point of Sales Person (POSP) and sell insurance policies of various companies. So, choose MintPro and become a Point of Sales Person (POSP). Apart from being an agent of LIC, you can act as an agent for both life and general insurance of other companies.

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