Part Time Job for Chennai Malayalies
LIC
Date: 3 weeks ago
City: Remote, Remote
Salary:
₹30,000
-
₹50,000
per month
Contract type: Part time
Remote
Are you Looking for a genuine and good Secondary Income? Then do apply for this job.
Earn up to 35% as an incentive bonus for all your work, without any targets or work pressure,
Job Description
An Agent needs to sell the Insurance products of LIC to potential customers and get a commission out of it. Its not necessarily a field job but can be done online in your home.
Its a commission-based job with no commitments so its up to the agent to take it as a full-time or part-time career.
Products of LIC
Jithin J Prasad, LIC Development Officer, Chennai
Earn up to 35% as an incentive bonus for all your work, without any targets or work pressure,
Job Description
An Agent needs to sell the Insurance products of LIC to potential customers and get a commission out of it. Its not necessarily a field job but can be done online in your home.
Its a commission-based job with no commitments so its up to the agent to take it as a full-time or part-time career.
Products of LIC
- Endowment Plans that cover life risks and provide savings/huge amounts of money.
- Pension Plans that will cover life risks and provide periodical payouts
- Investment Plans such as ULIPs will give you Mutual Funds along with Life Cover
- Terms Plan which covers your life risk at a minimal premium
- Health Plans that will cover your hospital expenses along with the life risk
- Prospect a customer and sell them the product they need.
- Follow up on the customer so that the agent will get a good renewable commission
- Twice every month, 1st and 16th
- For Policies with Terms of more than 15 years: 25%+10%(bonus) commission for all the first year premiums, then in the second and 3rd years yeah the agent will get 7.5% each, followed by the agent will get 5% every year throughout the policy term.
- Term 10-14 years: 20%+8%(bonus) for 1st-year premium, then in the second and 3rd year yeah the agent will get 7.5% each, followed by that the agent will get 5% every year throughout the policy term.
- Term 5-9 years: 10%+4%(bonus) for 1st-year premium and then the agent will get 5% every year throughout the policy term.
- In other terms, the Commission is based on the products
- To Cut the Taxes since all the premiums paid to a LIC Life insurance policy is exempted from tax up to 150,000 according to Section 80C of the IT Act, and all premiums paid to LICs Health Insurance policies are exempted from tax up to 50,000 according to Section 80D of IT Act.
- The Maturity or Death benefits of LIC are Exempted from tax according to Section 10(10D) of the IT Act
- Good Investment + Insurance opportunity as the customer not only gets Life cover but also various Bonuses on maturity from LICs Annual Profits which is huge compared to any other financial organization in India.
Jithin J Prasad, LIC Development Officer, Chennai
- Email: [email protected]
- WhatsApp/Phone: +91 8714 430 432
- Website: www.jithinjp.com
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Identity And Access Management (IAM)
CN Solutions,
Remote, Remote
5 hours ago
Company OverviewCN SOLUTIONS works in partnership with their clients to provide first-class solutions for their manpower requirements. CN SOLUTIONS specializes in Web Technologies, Databases, Software Testing, and more, offering services including Staffing Solutions, Leadership Hiring, and RPO. With 11-50 employees, CN Solutions is a pioneer in IT Services and IT Consulting, headquartered in Hyderabad.Job OverviewMid-Level: 4 to 6 years of...
Data Operator || Work From Home || Page Typing work
Aspect Solution,
Remote, Remote
1 day ago
Engulf into the world of online part-time jobs where you can earn without sacrificing your studies!Job Role: Fresher /Computer Operator/ Data Entry Operator / Back end office executive work.Location: Work From HomeJob Type: Part Time or Full TimeAny Graduation/Diploma/Qualification/Can JoinFlexible work hours to accommodate various schedules.Work from smartphone or laptop or by any gadgets can be done...Job responsibility : Job...
Senior Blockchain Product Engineer
Kira Studio,
Remote, Remote
2 days ago
Job Title: Senior Blockchain Product EngineerLocation: RemoteAbout Us: We’re building the future of blockchain by providing a unified, user-centric experience across multiple networks and applications. Our mission is to simplify blockchain interactions for individuals and enterprises by integrating all blockchain ecosystems into a single, seamless interface. We're creating a universal wallet, enhancing dApp usability, and providing intelligent app discovery, aiming...