LIC Agent Commission Chart 2026

Commissions are generally highest in the first year and decrease in subsequent years, including renewal commissions paid for the policy's life, provided the premiums are paid on time. This is what the LIC of India commission chart represents. Let's understand how agent commission in LIC works.

What is LIC Agent Commission?

LIC commission is an amount paid by LIC of India to its agents on selling life insurance plans to the people. The exact commission amount that an agent can possibly get for a life insurance plan is not fixed because commission is a portion of the premium that the policyholder pays. And premiums are different for every person depending on the type of policy, policy term, premium paying frequency that they choose. So there are set percentages stated in the LIC commission chart that help calculate the commission under various conditions and are different for every LIC policy.

In simple words:

• First-year commissions are comparatively higher.

• Renewal commissions are lower from the second year onwards.

• Some plans offer a one-time commission only like single premium policies.

How Much Is LIC Agent Commission? At a Glance

The exact rate depends on the life insurance plan and the premium paying term chosen, so find the plan-wise tables as per LIC of India commission chart below.

How the LIC Agent Commission Chart Works?

Plan-based commission rates: Each LIC policy has its specific commission structure like a term life insurance plan will have a different commission plan than a pension policy.

Year-wise variations: LIC agent commission is generally the highest in first-year, reduces in the second and third year, and continues renewal commissions as an even lower percentage and the percentage remains constant thereafter.

Renewal commissions: Whenever the premium of a sold policy is renewed, agents receive a share that motivates them to ensure that the policyholders continue their plans.

Different structures for policy types: LIC commission rates differ for single premium policies and limited premium payment policies. Use the LIC agent new commission chart 2026 to see how commission functions under different policies.

Example of LIC Agent Commission Structure

Agents commission in LIC first year can be really high, varying up to 35%, depending on the premium-paying term.

The commission of the second and third years is generally lower, around 7.5% for different years as per the LIC Agent Commission chart.

The LIC commission of subsequent years, where a Renewal commission of about 5% is paid often from the fourth year.

LIC Agent Commission Plan Wise Details

Not all agent commissions LIC offers are the same. The commission rate for LIC agent varies plan-wise:

• Endowment Plans: Highest commissions, especially for long-term plans.

• Money-Back Plans: Slightly lower commissions than endowment plans and similar.

• Term Plans: Premiums are lower so the commission paid is also smaller.

• Single Premium Policies: Policyholders pay only a One-time lump sum premium amount so only a single commission is paid (usually 2%-5%).

• ULIPs (like LIC SIIP): Investment aspect makes the commission very minimal. Hence, agents commissions in LIC SIIP plans are among the lowest.

Going through the LIC agent commission plan wise chart presents how different policies come with distinguished rewards for agents. Here is a more detailed view:

Endowment Plans

Whole Life Plans

Child Plans

Money-back Plans

Annuity Plans

Term Assurance Plans

Unit-Linked Plans

LIC Agent Commission Per Policy

Let’s say a policyholder pays ₹40,000 annually for a 20-year endowment policy. The agent commission LIC per policy could work out like this:

First Year: 25% of ₹40,000 = ₹10,000

Years 2 & 3: 7.5% = ₹3,000 per year

From Year 4 Onwards: 5% = ₹2,000 per year

So, over 10 years, the agent might earn approximately ₹30,000 in commissions from just one policy, and even more over the full term. This is how commission on LIC policy for agent builds over time and contributes to overall LIC agent earning. Access the LIC agent new commission chart 2026 for updates.

First-Year vs Renewal Commissions

Many people assume agents get paid only when the policy is sold. In reality, a large portion of LIC agent earning comes from renewal commissions.

So even if a policy was sold five years ago, as long as the policyholder is paying premiums, the agent continues to earn, usually 5% every year. This system is what makes the LIC agent policy commission a continuous income stream for agents.

Such commissions form a strong part of the agent commission LIC policy, especially for agents in the business for several years. You can use the LIC commission chart 2026 PDF free Download India to see how different commissions under various LIC policies.

Bonus Commission for LIC Agents

In addition to the standard LIC agent commission, LIC also offers rewards in the form of bonus commission for LIC agents. High performing agents who achieve their sales targets, maintain strong renewal rates and even qualify for special recognition clubs like the Chairman's Club or the Zonal Manager's Club, are given these incentives.

Who Can Become an LIC Agent?

Anybody who has fulfilled the below mentioned conditions can easily become an LIC agent:

• Above the age of 18 years

• Have a 10th certificate minimum

• Have completed IRDAI training and passed the licensing certification

Why Agents Choose LIC Commission as a Career?

There are several reasons for people to choose this career, some of them are given below:

• High Initial commissions: The first-year commissions can be as high as 35% of the premium paid of a single policy. So if you sell 2 policies each month with a Rs. 2000 per month premium, you can easily earn up to Rs. 2,01,600 as a commission if you sell 24 policies in a year. You can refer to the LIC of India Agent Commission Chart to see how the percentages work for your individual policy.

• Enhancing Renewal Earning: Your commission for second and third year is 7.5% and decreases to 5% for subsequent years. Is it always better to refer to the LIC of India agent commission chart for exact details.

• Bonuses: On achieving your sales targets, you can get extra bonus commission rewards of up to 10% of the first -year commission.

• Flexible Work Schedule: You can work at your own pace, full time or part time as and when you want.

Where Can I Find the LIC Agent Commission Chart?

LIC Agents Website: It is recommended to find the LIC agent commission chart on the official LIC agent website but there are various other networks and websites with LIC agent commission list. Information from external sources must be verified from the official website for increased reliability and recent rates.

Official Documents of LIC: For updated and latest information, refer to the official LIC documents and PDFs, provided by the banking partners or the corporation.

Summing Up

The LIC agent commission chart is a crucial part for LIC agents as it showcases how agents earn through LIC. This structured and long-term income model known as the LIC policy commission chart, allows them to calculate and know their potential earnings based on the type of policy that they sell. The commission system rewards consistency and long-term policy servings by providing high first-year commissions and further renewals and is explained in the LIC policy commission chart.You can refer to the LIC commission chart 2026 for latest updates.

So when you next interact with an LIC agent, you’ll know how the commissions of LIC agent in LIC policy works and how much effort goes into every sale.

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