LIC agent is the person who provides advice on Life Insurance Planning to people to protect their family from unexpected events of death, disability and retirement of the bread winner.It is a noble profession indeed.LIC agent also contributes to economic development of the country. As the money collected towards life insurance premium goes towards Nation Building Activities e.g: Roads, Railways, Ports, Bridges, Water supply, Electricity, Housing etc.Top LIC agents earn between 3 crores to 4 crores per annum.The average gross income of top 20% of LIC agents is above 12 lakhs per annum.
Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group andinvestment company headquartered inMumbai. It is the largest insurance company in India with an estimated asset value of₹1,560,482 crore (US$230 billion). As of 2013 it had total life fund of Rs.1433103.14 crore with total value of policies sold of 367.82 lakh that year.