The document outlines the LIC advisor recruitment drive, highlighting the role and benefits of becoming an LIC advisor in the life insurance sector. It details the income potential, club membership benefits, necessary qualifications, and the step-by-step procedure for joining as an advisor. Additionally, it emphasizes the training provided and the opportunity for financial independence through this career path.

1. Presentation
Your Flight to SUCCESS !!!

2. LIC Advisor Recruitment Drive
Your Flight to SUCCESS !!!

3. Sumeet Pawar
(Development Officer)
Your Flight to SUCCESS !!!

4. What We Do?
We groom ordinary people into LEADERS. There is a
difference between being a leader and being a boss.
Both are based on authority. A boss demands blind
obedience; a leader earns his authority through
understanding and trust.
So if you’re interested to be a leader in Sales &
Marketing, then I welcome you in this field of
insurance selling where you can write your own
cheque, manage your own time and be your own boss.

5. About LIC Advisor
• LIC advisor is the person who provides advice on Life Insurance
Planning to people to protect their family from unexpected events of
death, disability and retirement of the bread-winner. It is a noble
profession indeed.
• LIC advisor also contributes to economic development of the
country as the money collected from life insurance premium goes
towards Nation Building Activities e.g: Roads, Railways, Ports,
Bridges, Water supply, Electricity, Housing etc.
• Top LIC advisors earn between Rs 3 crores to Rs 4 crores per
annum.
• The average gross income of top 20% of LIC advisors is above Rs 12
lakhs per annum.

6. LIC Advisor Work Profile
• Prospecting# Identifying the prospective customers and fixing
appointment.
• Need Analysis# Identifying the needs and getting the prospect
agree that need exists. (i.e. Family Income Provision, Children
Education and Marriage Provision or Retirement Income Provision.)
• Plan Presentation# Suggesting suitable plans that fulfill the needs
as agreed by the prospect.
• Closing the Sale# Convincing the prospect that you have suggested
the best possible solution for his needs and ask for the order.
• After Sales Service# Provide efficient after sales service and claims
settlement.

7. LIC Advisor Benefits
• LIC agency 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.

8. LIC Advisor Club Membership
Club Membership is the recognition bestowed upon the advisors to increase their status in
the society and in the Corporation.
Following are the levels of club membership depending up on the Business performance:
• Distinguished Club Member.
• Branch Manager’s Club Member.
• Divisional Manager’s Club Member.
• Zonal Manager’s Club Member.
• Chairman’s Club Member.
• Galaxy Club Member.
• Corporate Club Member.

9. LIC Advisor Club Membership
Following additional benefits are given over and above the commissions payable:
• Office Allowance to maintain your own office.
• Telephone/Mobile bill reimbursement.
• Reimbursement of Sales Promotional Gift items.
• Interest free advance for purchase of Car/Motorbike.
• Interest free advance for purchase of office equipment.
• Interest free advance for Training.
• Interest free Festival Advance.
• Housing loan at concessional rate of interest.
• Term Insurance and Mediclaim benefits.
• Guest house facility throughout India at concessional rates as applicable to employees.
• Annual Convention.
• Attestation authority.
The total monetary equivalent of all above benefits ranges from Rs 5,500 to Rs 5,50,000,
depending up on level of Club Membership.

10. LIC Advisor Income
Remuneration:
• The remuneration will be paid to you in the form of Commission as percentage of
premium collected through the policies sold by you.
• 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 Commission rates on regular premium policies are as under:
• First year Commission: 4% to 25% depending up on the type & term of the policy.
• Bonus Commission: 40% of first year commission.
Renewal Commission:
• 2nd and 3rd year of policy: 2% to 7.50% depending up on the type and term of policy.
• 4th year onwards: 2% to 5% depending up on the type and term of policy.

11. LIC Advisor Income
Example of Commission on Endowment type of policy of Term 15 years and above:
• 1st Year Commission: 25% of Premium.
• Bonus Commission: 40% of first year Commission (i.e. 10% of Premium)
• Total 1st Year Commission: 35% of Premium
Renewal Commission:
• 2nd & 3rd Year of policy: 7.5% of Premium
• 4th Year onwards: 5% of Premium
As Years pass by your Renewal Commission keeps on increasing thereby assuring you a
pension for the next 20 to 25 years when you stop working or to your family on your
death.
We will make sure through our meticulous training that your earnings should be as per
above chart, but that requires willingness on your part to take lot of physical pain.

12. LIC Advisor Income

13. LIC Advisor Gratuity
Advisors are entitled to get the gratuity at age 60/65 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 paid during last 15 years before age 60.

14. International Recognition MDRT
What is MDRT: Founded in 1927, the Million Dollar Round Table (MDRT), The Premier
Association of Financial Professionals, is an international, independent association of nearly
36,000 of the world's leading life insurance and financial career professionals from more
than 430 companies in 78 countries. MDRT members demonstrate exceptional professional
knowledge, strict ethical conduct and outstanding client service. MDRT membership is
recognized internationally as the standard of sales excellence in the life insurance and
financial career business.
To qualify for the membership of MDRT advisors have to earn the prescribed First Year
Commission excluding the Bonus Commission OR brings prescribed First Year Premium
during the Calendar year.
Total 6114 advisors from LIC of India qualified for MDRT 2012.
Total 6800 advisors from LIC of India qualified for MDRT 2014. – No. 1 in World
Through our training process we will make sure that you will qualify for Basic MDRT by the
end of 3rd year of your agency. Out of Top 10 TOT-2014 qualifiers four are from Mumbai.
This shows that insurance Awareness and Potential is more in Mumbai and People have
more Trust in LIC.

15. LIC Advisor Attributes
• You should be outgoing and love to meet people.
• You should be ambitious to start your own Business.
• You should have Good Communication Skills.
• You should have lot of Perseverance.
• You should be willing to work hard with lot of Dedication and
Devotion.
• You should be prepared to accept rejections as stepping stone.

16. Procedure to Join
Minimum Requirements:
• Age 18 years & above
• Graduate (SSC/HSC pass will be considered for exceptional Candidates)
• Passion for Sales & Marketing
• Good Communication skills & Self Confidence
4-Step Easy Procedure to become LIC advisor: Education Qualification:
Registration: For joining LIC as Insurance Advisor, you have to register with us filling your
details in registration form and later by submitting your Documents.
Training: After Successful registration, you have to go for Online Training or Offline
Training of 25 Hrs. Study Materials will be provided by us.
Examination: Pre-Licensing Online Exam conducted by the IRDA. Exam will be of 50
Marks and Question will be Objective Type. 17 Marks minimum Passing.
License: After Successful completion of the Exam , you will be appointed as an Insurance
Advisor.

17. Get LIC Franchisee - Investment
Fees:
• Rs 150 Registration Fees.
• Rs 250 Online Training Fees. No Charges for Offline Training.
• Rs 350 IRDA Examination Fee.
• Rs 125 IRDA License Fee.
Total:
• Rs 875/- for Online Training &
• Rs 625/- for Offline Training with study materials.
YOU CAN PAY IT AS PROCESS GOES FURTHER.

18. Documents Required to Join
Get REGISTERED online or directly walk-in with your required documents:
• SSC passing certificate for rural area (where population is below 5000)
(OR)
HSC passing certificate for urban area (where population is 5000 & above)
• SSC/HSC School Leaving Certificate as Standard Age Proof
• 4 Stamp-size Photographs
• PAN Card
• Address Proof (Aadhar Card, Electricity Bill, Voter ID, Passport, etc…)
• Cancelled Cheque for NEFT transaction

19. Contact NOW !
Call to book your appointment prior visiting office OR
fix my appointment with you at your convenient place:
(Working Hours: 24X7)
LIC of India, Branch 92F, 1st Floor Maruti Chambers,
Nr. NCT School & Opp. Vithalwadi Police Quarters
Above The Kalyan Janta Sahakari Bank
O.T. Section, Ulhasnagar 4
Contact Person: Sumeet Pawar (Development Officer)
Mobile 1: (+91) 750-624-7952
Mobile 2: (+91) 750-624-7965
Email-ID: contact@getmelic.com
Visit www.getmelic.com for more details. Online
Registration also available.