Are you a LIC agent Looking for the latest LIC agent commission chart pdf with details? You can download the latest life insurance corporation of India’s commission chart here.
as you know in the early days of your career as an LIC agent, you get a commission on your created policies.
I have been an LIC agent since 2015 so I know the full details of the LIC agent commission list.
LIC agent Commission Chart PDF
you can get a commission on policy premiums that you sell.LIC offers 25% to 35% commission on the policy premium for the first year, then 7.5% for 2nd & 3rd Years + 5% till the policy maturity.
that means if you sell one policy you can get a commission on its maturity period.
suppose you have sold a 10-year policy plan having a premium of 1,00,000 rupees per year. you can get a commission in the below chart
| Year | Commission Rate | Commission per year | Cumulative Commission |
|---|---|---|---|
| 1 | 25% | ₹25,000 | ₹25,000 |
| 2 | 7.5% | ₹7,500 | ₹32,500 |
| 3 | 7.5% | ₹7,500 | ₹40,000 |
| 4 | 5% | ₹5,000 | ₹45,000 |
| 5 | 5% | ₹5,000 | ₹50,000 |
| 6 | 5% | ₹5,000 | ₹55,000 |
| 7 | 5% | ₹5,000 | ₹60,000 |
| 8 | 5% | ₹5,000 | ₹65,000 |
| 9 | 5% | ₹5,000 | ₹70,000 |
| 10 | 5% | ₹5,000 | ₹75,000 total commission in 10 years |
this lic commission agent chart varies on many circumstances. you can download the commission chart pdf from here.
LIC agent Commission chart 2023 pdf
LIC agent commission depends on policy and premium amount. Lic is lanch much new policy after one or two-year gap. LIC commission for agents is the same as in previous years.
lic agent commission chart 2023 or lic agent commission chart 2022 may be the same on the same policy
LIC agent Commission chart plan wise pdf
LIC provides many plans for Indian citizens. so income scope in ase lic agent is very good. You can get more commission by selling the best policy with the best commission.
LIC Agent commission rates for 1st Year :
In the first year of policy selling the LIC agent gets commission plan-wise. Check the below chart.
| Plan Type | Commission Rate for 1st year |
|---|---|
| Money Back Plan | 20% |
| New Endowment Plan | 25% |
| Term Plan | 25% |
| Pension Plan | 2% |
| Child Plans | 25% |
| Health Insurance Plan | 25% |
LIC Jeevan Utsav agent Commission chart pdf download
LIC agents can make more money by selling Jeevan Utsav’s policy. here you can download the lic jeevan utsav agent commission chart pdf