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 Plans Plan Type Entry Age Policy Term Maximum maturity age Sum Assured(minimum–maximum)
LIC New Non-linked Endowment plan 8-50 years 12-35 years 75 years 1, 00, 000—No limit
LIC e-term Pure Term insurance plan 18-60 years 10-35 years 75 years 25,00,000—No limit
LIC Jeevan Anand Participating Traditional Endowment Plan 18-50 years 15-30 years 75 years 15-30 years
LIC New Children Money Back Plan Traditional Money Back Child Plan Traditional Money Back Child Plan 25 years 25 years Rs.1,00,000/–No limit
LIC Jeevan Saral Endowment Plan 12 – 60 years 10 – 35 years 70 years 250 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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