Agency Benefits

Lic agency benefits:-

  • Lic  is considered  today as the highest paid profession in the world. It also provides you with the Royalty Income. You can start your own Business with less Capital Investment.
  • You have freedom to set your own working hours.
  • You have the opportunity to earn as per your potential.
  • Your work gets easier and less demanding as your business grows.


 It is not a one time commission on a sale made by you.
It provides you the royalty income through out the term of policy.
As long as policy holder pays the Premium you will get the commission.
Moreover this commission is hereditary i.e. it will be paid to your nominees even after your death.
The remuneration will be paid to you in the form of Commission as percentage of premium collected through the policies sold by you.

Commission Structure

 First year Commission: 35{0a6f33b21d2da0c7b1b560b6473ef99a56a85ca127373607c8eab9e3e36a4e30} depending up on the type & term of the policy
 Bonus Commission: 40{0a6f33b21d2da0c7b1b560b6473ef99a56a85ca127373607c8eab9e3e36a4e30} of first year commission
 2nd and 3rd year of policy: 7.50{0a6f33b21d2da0c7b1b560b6473ef99a56a85ca127373607c8eab9e3e36a4e30}
 4th year onwards: 5{0a6f33b21d2da0c7b1b560b6473ef99a56a85ca127373607c8eab9e3e36a4e30}
 Example of Your Expected Commission for Next 5 years:

Expected Premium 1st year 2nd year 3rd year 4th year 5th year
Rs 12,00,000 Rs 4,20,000 Rs 90,000 Rs 90,000 Rs,60,000 Rs,60,000
Rs 24,00,000 Rs 8,40,000 Rs 1,80,000 Rs 1,80,000 Rs 1,20,000
Rs 36,00,000 Rs 12,60,000 Rs 2,70,000 Rs 2,70,000
Rs 48,00,000 Rs 16,80,000 Rs 3,60,000
Rs 60,00,000 Rs 21,00,000
Total Rs 4,20,000 Rs 9,30,000 Rs 15,30,000 Rs 21,90,000 Rs 29,10,000

Know more about the LIC agency benefits

As Years passes by your Renewal Commission keeps on increasing there by assuring you a pension for the next 20 to 25 years when you stop working or to your family on your death.


 Agents are entitled to get the gratuity at age 60 years after serving for minimum 15 years.
At present the Maximum Gratuity amount payable is Rs.2,00,000/- depending up on the amount of renewal commission.