Insurance Consultation: LIC agents offer consultation services to individuals to help them understand their insurance needs and recommend suitable life insurance products.
Policy Sales: LIC agents are responsible for selling life insurance policies to individuals. They explain the features, benefits, and terms of various policies, helping clients choose the most appropriate one based on their requirements.
Premium Collection: Agents collect premium payments from policyholders and ensure that policies are kept in force by timely premium payments.
Claims Assistance: In the unfortunate event of the policyholder’s demise or any other covered event, LIC agents assist the policyholder’s beneficiaries in filing and processing insurance claims.
Policy Servicing: Agents help policyholders with any changes or updates to their policies, such as nominee changes, address updates, or other policy-related services.
Financial Planning:LIC agents may offer basic financial planning advice, particularly related to life insurance and its role in an individual’s overall financial strategy.
