LIC Assistant is a sales supervision job. Lakhs of candidates appear for LIC Assistant exam to start their career in the insurance sector. The job offers a great salary, opportunities to learn everything about the insurance sector and grow both in both personal and professional levels. LIC Assistant Salaries and Job Profile section covers the details about the PayScale and the other allowances of LIC Assistant. Candidates can check the daily updates on LIC Official Website. LIC Assistant Salaries and Job Profile article presents Details of inhand Salary & salary Structure is given. Check increments and Allowances.

LIC Assistant Salaries and Job Profile - Profile:

• LIC Assistants are responsible to perform all the duties of a clerical staff be it a cashier, single-window operator, customer service executive, etc.


• LIC Assistants have to manage cash counters, processing and approving of the files as asked by the Assistant Manager.


• Back-office work, Account related work are some duties to be performed by the LIC Assistant.


• LIC Assitant has to take care of customer grievances as well.


• Reviewing of Insurance documents and making sure that all the documents are complete is LIC Assistant’s responsibility.


• Management of all the documents sales documents, documents related to policies, claims, settlements, accounts, etc.


• Online and offline transaction status will be taken care of by the LIC Assistant.


• The trainees are posted to their respective positions only after the successful completion of the training period.

LIC Asssistant Salaries and Job Profile - Salaries:
LIC Assistant Salary Structure has been described below. The basic pay and maximum in hand salary is given. Basic pay of Rs. 14435/- per month in the scale of Rs. 14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195(2)-24645-1455(3)-29010-1510(2)-32030-1610(5)-40080 and other admissible allowances as per rules.

• Initial Basic Pay – Rs 14435 with a yearly increment of Rs 840 for 1 year
• Rs 15275 and yearly increment of Rs 915 for the next two years
• Rs 17105 and yearly increment of Rs 1030 for the next five years
• Rs 22255 and yearly increment of Rs 1195 for the next 2 years
• Rs 24645 and yearly increment of Rs 1455 for next three years
• Rs 29010 and yearly increment of Rs 1510 for next two years
• Rs 32030 and yearly increment of Rs 1610 for next five years
• Rs 40080(maximum Basic Pay)

LIC Assistant Salaries and Job Profile - Allowances:

• House rent allowance


• Dearness allowance


• Graduation Increment


• Local compensatory allowance


• Grade allowance


• Gratuity


• Single and group Medical facilities – Reimbursement of medical expenses for OPD/treatment, this facility is provided to the employee, employee’s spouse and to their children


• LTC ( Leave Travel Concession) is an annual retreat plan for the employee working with LIC


• Loan for the only two-wheeled vehicles is provided at the concessional interest rate to the employees