How can I become a life insurance agent in India?

To become Insurance Agent in India, a candidate should pass IRDAI IC 38 pre-recruitment qualification exam. To become General Insurance Agent in India, a candidate should pass the IRDA IC 38 Exam.

Is there any exam for LIC agent?

Officially conducted by the Insurance Regulatory and Development Authority of India (IRDA), the LIC Agent Exam can only be taken once a candidate goes through 100-hour training at a LIC training centre.

Who conducts IC 38 exam?

IC 38 exam is an initial step to become IRDAI Agent/Insurance Advisor. On behalf of IRDAI (Insurance Regulatory and development Authority of India, Insurance Institute of India (III), conducts this pre recruitment qualification examination.

How can I take IRDA exam?

IRDA 2021 Exam Application Form

Candidates who are interested to apply for IRDA exam will have to apply through online mode.
Before applying for IRDA exam, the interested candidate has to get 50-hours training from a training institute which is IRDA approved to act as a Life or General Insurance agent.

How can I pass IRDA exam?

Passing 35% =18 (even you score 17 marks ,One mark will be given as grace )
Strategy To Pass this IC 38 LIC agent Exam.
Obtain Minimum Marks.
First Solve 10 question minimum——————10.
Tick Ans “C” option remaining 40 Question———–10 (Probability)
Total Obtain Marks=======20(Passed)

What is the salary of LIC agent in India?

The typical Life Insurance Corporation of India Insurance Agent salary is ₹3,61,758 per year. Insurance Agent salaries at Life Insurance Corporation of India can range from ₹48,885 – ₹9,55,878 per year.

How can I become a LIC agent in 2021?

Process: Contact your nearest Branch Office and meet the Development Officer there. The Branch Manager (I/C) will conduct an interview, and if found suitable, you will be sent to training at Divisional/Agency Training Centre. The training is for 25 hours and covers all aspects of Life Insurance Business.

How can I pass IRDA agent exam?

How to become a life insurance agent?

– You need to be at least 18 years old to become an insurance agent. – You need to complete prelicensing education for your line of authority, which is determined by each state. – You need to pass the state insurance licensing exam for your line or lines of authority. A prelicensing exam preparation package can help. – You need to pass a background check. The process varies by states and, in some cases, includes fingerprinting. – You need continuing education to keep or renew your license.

What are the qualifications to become an insurance agent?

A minimum requirement to become an insurance agent is typically a high school diploma or its equivalent. Although no college degree is necessary, many employers require or prefer a degree.

What to expect in a life insurance medical exam?

During your life insurance medical exam, a medical technician will verify your medical history, height, weight, blood pressure, pulse, and collect urine and run a life insurance blood test. Life Insurance Exam Advantages. For many applicants, the life insurance medical exam should not pose any problems.

How does a life insurance agent get paid?

A commission is paid to an agent “after” a premium has been paid and is in good standing from the insurance carrier. Commissions depending on the product can be paid for just one year or several at a lower amount each year, depending on the company. A Life Insurance Agent gets paid from the life insurance company.