Insurance Advisor Jobs in Surat - LIC
Job Description
- LIC agents are professionals who work in the Life Insurance Corporation of India.
- They are actually intermediaries who create ties between LIC clients and LIC.
- Those who satisfy the eligibility requirements set up by the LIC can become LIC Agents. These professionals, in their daily affairs deal with clients, explaining them the different types of insurance policies, like medi-claims, recurring savings schemes and so on which are offered by LIC.
- They also convince the clients and make them take a policy. In addition, they have to collect the insurance policy amount from the clients and pay it to Life Insurance Corporation on a monthly or yearly basis.
Job Particulars
About Company
Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of ₹1,560,482 crore (US$240 billion).[3] 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.[4][5][6]
The Life Insurance Corporation of India was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalised the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation.
Operations
Today LIC functions with 2048 fully computerized branch offices, 8 zonal offices, around 113 divisional offices, 2,048 branches and 1381 satellite offices and corporate offices;[11] it also has 54 customer zones and 25 metro-area service hubs located in different cities and towns of India. It also has a network of 1,337,064 individual agents, 242 Corporate Agents, 89 Referral Agents, 98 Brokers and 42 Banks for soliciting life insurance business from the public.
SloganLIC's slogan yogakshemam vahamyaha is in Sanskrit language which translates in English as 'Your welfare is our responsibility'. This is derived from ancient Hindu text, the Bhagavad Gita's 9th chapter, 22nd verse.[12] The slogan can be seen in the logo, written in Devanagari script.
Awards and recognitions- The Economic Times Brand Equity Survey 2012 rated LIC as the No. 6 Most Trusted Service Brand of India.[13]
- From the year 2006, LIC has been continuously winning the Readers' Digest Trusted brand award.
- Voted India's Most Trusted brand in the BFSI category according to the Brand Trust Report for 4 continuous years - 2011-2014 according to the Brand Trust Report.[14]
