LIC agents’ earnings lowest in HP, Andaman & Nicobar
LIC agents’ earnings lowest in HP, Andaman & Nicobar
New Delhi: LIC agents on an average earn Rs10,328 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 Rs20,446 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.