Sales Agent Wanted in Chennai

4 weeks ago


Chennai, Tamil Nadu, India LIC Full time

Job Opportunity: Insurance Sales Representative

Earn a secondary income by selling insurance products to potential customers.

Job Responsibilities:

  • Prospect and sell insurance products to customers.
  • Follow up with customers to secure renewals and earn commissions.

Product Information:

  • Endowment Plans: Life risk coverage and savings.
  • Pension Plans: Life risk coverage and regular payouts.
  • Investment Plans: Mutual funds and life cover.
  • Terms Plan: Minimal premium for life risk coverage.
  • Health Plans: Hospital expenses and life risk coverage.

Commission Structure:

  • Twice-monthly commission payments.

Remuneration:

  • Policies over 15 years: 25%+10% commission for first-year premiums, then 7.5% for second and third years, and 5% thereafter.
  • Policies 10-14 years: 20%+8% commission for first-year premiums, then 7.5% for second and third years, and 5% thereafter.
  • Policies 5-9 years: 10%+4% commission for first-year premiums, and 5% thereafter.

Benefits for Customers:

  • Tax exemptions under Section 80C and Section 80D of the IT Act.
  • Exempted maturity and death benefits.
  • Good investment and insurance opportunity with bonuses.


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