Life Insurance Corporation of India is inviting applications for the post of Business Development Intern for the year 2021. Here is everything that you need to know about this LIC of India Internship!
About Life Insurance Corporation of India (LIC)
The Life Insurance Corporation of India (LIC) is a government-owned insurance and investment company in India. It is owned by the Ministry of Finance of the Government of India. It was founded on September 1, 1956, when the Indian Parliament passed the Life Insurance of India Act, which nationalised the country’s insurance industry. The state-owned Life Insurance Corporation of India was formed through the merger of over 245 insurance companies and provident societies.
The Life Insurance Corporation of India had a total life fund of 28.3 trillion rupees as of 2019. In the 2018–19 fiscal year, the total value of sold insurance was $21.4 million. In the fiscal year 2018–19, the Life Insurance Corporation of India settled 26 million claims. Its policyholders number 290 million. It has 290 million policy holders.
The primary goal of LIC is to extend insurance products throughout India, particularly in urban and economically backward areas, and to provide low-cost financial insurance against death.
Roles & Responsibilities
- Reporting to the officer in charge
- Working on business development
Location
This is a Work from Home internship opportunity.
Duration
The LIC of India internship will be for a period of 1 month.
Perks
Stipend: Rs.8,000 / month + Incentives
Stipend structure: This is a performance-based internship. In addition to the minimum-assured stipend, you will also be paid a performance-linked incentive (₹ 500 per sale).
Certificate & Letter of Recommendation
Deadline to Apply
The last date of applying for this internship is 20th December, 2021.
How To Apply For This Internship?
To apply for the LIC of India internship, click here.
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