Search Header Logo

LIC Agents Benefits

Authored by Cayk Verma

Professional Development

Professional Development

LIC Agents Benefits
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is LIC agent profitable?

LIC Agents are the highest earning professionals of our country
LIC Agents are the highest earning professionals of our country
LIC Agents are the highest earning professionals of our country
LIC Agents are the highest earning professionals of our country

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much an LIC agent can earn?

₹ 0.3 Lakhs to ₹ 5.5 Lakhs
₹ 0.3 Lakhs to ₹ 5.5 Lakhs
₹ 0.3 Lakhs to ₹ 5.5 Lakhs
₹ 0.3 Lakhs to ₹ 5.5 Lakhs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the target of LIC agent in a year?

12 lives. Or 6 lives and 50000 premium.
12 lives. Or 6 lives and 50000 premium.
12 lives. Or 6 lives and 50000 premium.
12 lives. Or 6 lives and 50000 premium.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the highest paid LIC agent?

Jethani earns over Rs 3 crore a year in commission.
Jethani earns over Rs 3 crore a year in commission.
Jethani earns over Rs 3 crore a year in commission.
Jethani earns over Rs 3 crore a year in commission.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much an LIC agent can earn per month?

₹30,000 to ₹50,000.
₹30,000 to ₹50,000.
₹30,000 to ₹50,000.
₹30,000 to ₹50,000.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is LIC commission taxable?

if a person is engaged in the commission business, then the income from commission business shall be offered to tax under the head "Income from business and profession" and not under IFOS".
if a person is engaged in the commission business, then the income from commission business shall be offered to tax under the head "Income from business and profession" and not under IFOS".
if a person is engaged in the commission business, then the income from commission business shall be offered to tax under the head "Income from business and profession" and not under IFOS".
if a person is engaged in the commission business, then the income from commission business shall be offered to tax under the head "Income from business and profession" and not under IFOS".

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens if my LIC agent dies?

No impact on your Policy
No impact on your Policy
No impact on your Policy
No impact on your Policy

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?