LIC agents earn Rs 10k a month in HP, Rs 20k/month in Andaman & Nicobar

According to data provided by LIC to the Finance Ministry, the average monthly income was the highest at Rs 20,446 a month for LIC agents in the Andaman & Nicobar Islands

Life Insurance Corporation
LIC has 13,90,920 agents across the country, according to the data. | File Photo
Press Trust of India New Delhi
2 min read Last Updated : Aug 18 2024 | 11:26 AM IST

LIC agents on an average earn Rs 10,328 per month in Himachal Pradesh, the lowest among the insurer's agents in all states and UTs.

According to data provided by LIC to the Finance Ministry, the average monthly income was the highest at Rs 20,446 a month for LIC agents in the Andaman & Nicobar Islands.

In terms of the number of agents, Life Insurance Corporation (LIC) has the lowest number of agents at 273 in the Andaman & Nicobar Islands. Himachal Pradesh has 12,731 agents.

The PSU life insurer had 13,90,920 agents across the country, according to the data.

Among the larger states, Uttar Pradesh had the maximum number of LIC agents at over 1.84 lakh with an average monthly income of Rs 11,887.

Maharashtra had more than 1.61 lakh LIC agents with an average monthly income of Rs 14,931. West Bengal had the third-highest number of LIC agents at 1,19,975 with an average monthly income of Rs 13,512.

In Tamil Nadu, there were 87,347 agents with an average monthly income of Rs 13,444, while in Karnataka there were 81,674 agents with income of Rs 13,265.

In Rajasthan, there were 75,310 agents with income of Rs 13,960 a month.

In Madhya Pradesh, there were 63,779 agents with an average income of 11,647 per month, while in NCR of Delhi there were 40,469 agents with an average monthly income of Rs 15,169.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Himachal PradeshAndaman and Nicobar IslandsLIC IPO

First Published: Aug 18 2024 | 11:26 AM IST

Next Story