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How much do insurance agents earn in India?
Insurance Agent Salaries
| Job Title | Salary |
|---|---|
| Life Insurance Corporation of India Insurance Agent salaries – 15 salaries reported | ₹30,147/mo |
| Life Insurance Corporation of India Insurance Agent salaries – 13 salaries reported | ₹7,895/mo |
| Jobsprovider Insurance Agent salaries – 6 salaries reported | ₹25,079/mo |
What is insurance agent salary?
An entry-level Insurance Agent with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹201,341 based on 17 salaries. An early career Insurance Agent with 1-4 years of experience earns an average total compensation of ₹239,808 based on 29 salaries.
What is the salary of LIC?
LIC AAO Salary Structure
| Particulars | Amounts |
|---|---|
| Basic pay at the time of joining | INR 53,600 per month |
| Increment on an annual basis | INR 2645 for the next 14 years from the date of joining |
| Basic pay after 14 years | INR 90,630 per month |
| Annual Increment after 14 years | INR 2865 for next 4 years |
Is selling insurance easy?
Compared to most finance careers, becoming a life insurance agent is easy. No educational requirements exist beyond a high school diploma at most. Some states require you to take a licensing course and pass an exam, but truthfully, these are as easy as a fifth-grade spelling test.
How much do Desjardins agents make?
Average Desjardins Insurance Agent yearly pay in Alberta is approximately $50,834, which is 7\% above the national average.
Do insurance agents have a fixed salary?
The salaries of insurance agents are often made up of base salary plus commissions and/or bonuses. Independent insurance agents are usually paid commission only, while captive insurance agents are usually offered a base salary and smaller commissions or bonuses.