Income & Benefits — Know the Full Picture
This is NOT a salary job. It's a commission-based LIC agency career. Understand the complete income structure before you decide.
Monthly Stipend & Commission Structure
Monthly Stipend Structure (First 3 Years)
1st Year: ₹7,000 / month (Active selling) — ₹84,000 annual
2nd Year: ₹6,000 / month (Policy retention) — ₹72,000 annual
3rd Year: ₹5,000 / month (Policy retention) — ₹60,000 annual
Total Stipend across 3 years: ₹2,16,000 in addition to commission income.
Commission Structure
1st Year Commission: Up to 35% on collected premium + 40% 1st year bonus commission.
2nd & 3rd Year: 7.5% renewal commission annually.
4th Year Onwards: 5% lifetime renewal commission on active policies.
Additional Benefits & Perks
Exclusive agent privileges and long-term financial security
Office Allowance
Financial support to maintain your workspace and office setup
Phone Reimbursement
Reimbursement for telephone and mobile bills used for business
Interest-Free Advances
Advances for car, motorbike, training, and festivals
Housing Loan
Concessional interest rate on housing loans for agents
Gratuity & Pension
Up to ₹2,00,000 gratuity and lifetime renewal commissions
Mediclaim & Group Insurance
Medical insurance benefits for you and your family
Ready to Check If You're Eligible?
If this income model excites you, the next step is to check your eligibility for the Bima Sakhi program.