What are the best LIC Policies for 2018?

LIC (Life Insurance of India) is India’s number 1 Life Insurer company with 30 crs policy holders and that’s huge with 12 lakhs life insurance agents. The market value is much more than Total book assets that is Rs. 17,06,192 crores.  Doctors, Engineers, Charted Accountants, Lawyers, Business-Persons, Celebrities / Artists, CEOs, Share Brokers, Estate Agents, Employed, Housewives, Students and even Retired Employees can become lic agent in Delhi.

LIC gives life insurance policies so don’t get it confused with investments. It is estimated that about 10 per cent of Class III employees will opt for the scheme. LIC has 1,20,000 employees, of which 17,564 are officers, 19,000 development officers, 74,000 clerks and 6,000 Class IV employees. You can do lic agent apply with commission base on premium of policies for part time or full time work.

The first year’s commission will be 2% to 25% depending upon the Type & Term of Policy plus Bonus Commission 40% of First Year Commission. Office Allowance to maintain your own office, Telephone \ Mobile Bill payment, Reimbursement of Sales Promotional Gift Items, Interest Free Advance for purchase of CAR/ Motor Bike and Office Equipment, Interest Free Advance for Festival Advance, Interest Free Advance for Training, Housing Loan At Concessional  Rate of Interest, Term Insurance and Mediclaim Benefit and Annual Convention are some perks of lic club membership.

Best LIC policies for year 2018

LIC PlansPlan TypeEntry AgePolicy TermMaximum maturity ageSum Assured(minimum–maximum)
LIC NewNon-linked Endowment plan8-50 years12-35 years75 years1, 00, 000—No limit
LIC e-termPure Term insurance plan18-60 years10-35 years75 years25,00,000—No limit
LIC Jeevan AnandParticipating Traditional Endowment Plan18-50 years15-30 years75 years15-30 years
LIC New Children Money Back PlanTraditional Money Back Child PlanTraditional Money Back Child Plan25 years25 yearsRs.1,00,000/–No limit
LIC Jeevan SaralEndowment Plan12 – 60 years10 – 35 years70 years250 times monthly premium—no limit

 

It is more satisfying than you could imagine helping a person that is in need financially. The eligibility condition is the applicant should be over 18 years with basic educational requirement. There is no need for introduction of LIC as it is already known as the most respectable and recognized name in the field of financial markets. Know how to apply for lic agent in Delhi that is one of the most rewarding careers with no retirement limit.


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