• It is not a one time commission on a sale made by you.
  • It provides you the royalty income through out the term of policy.
  • As long as policy holder pays the Premium you will get the commission.
  • Moreover this commission is hereditary i.e. it will be paid to your nominees even after your death.
  • The remuneration will be paid to you in the form of Commission as percentage of premium collected through the policies sold by you.

 Commission Structure

  • First year Commission: 35% depending up on the type & term of the policy
  • Bonus Commission: 40% of first year commission
  • 2nd and 3rd year of policy: 7.50%
  • 4th year onwards: 5%
  • Example of Your Expected Commission for Next 5 years:

As Years passes by your Renewal Commission keeps on increasing there by assuring you a pension for the next 20 to 25 years when you stop working or to your family on your death.


  • Agents are entitled to get the gratuity at age 60 years after serving for minimum 15 years.
  • At present the Maximum Gratuity amount payable is Rs.2,00,000/- depending up on the amount of renewal commission.

12,055 Responses to “LIC AGENCY BENEFITS