Life Insurance Corporation of India Reviews

Likes

LICI is a psu organisation and I got an opportunity through competative examination in a higher grade salary fixation due to my past service in INDIAN AIR FORCE . Working environment in LICI is absolutly different than any other organisation as it entrust the employees performation and their skillness to explore themselves independantly however guideline is there and all the employees are guided by the seniors and experienced officers. Apart from the technical point in the working field employees are given adequate training in their respective working parameter. All together the employees are promoted as per their excellancy and assessment round the years. Salary is more than expectation and every after 5 yrs. it is revised. All other facilities on retirement is as per GOVT. rules( Central Govt. ) Now , let me say about work culture which is your own alongwith all other employees where cooperation , coordination and accomplition is interlinked just like as internate. Innovation is your own as per the employees thought and freedom to work independantly. I DO HAVE 24 YRS. OF PRESENT EXPERIENCE ( LICI) THAT IS MY ASSET AND I DO BELIEVE THAT MY EXPERIENCE PAST ( I.A.F.)AND PRESENT = 15 + 24 = 39 YRS. IS MORE THAN SUFFICIENT TO HANDLE ANY SITUATIONS IN ANY ORGANISATION MAY BE TECHNICAL / OR/OFFICE ADMINISTRATION IN FINANCE OR HR DEPARTMENT OR CUSTOMER ORIENTED JOB. BEING A RETIRED DEFENCE AND GOVERNMENT SERVICE, RENDERED BY ME IN MY WHOLE LIFE I CAN ASSURE ANY CHALLENGING JOB I CAN ACCEPT PROVIDED ADEQUATE OFFER AND FACILITIES IF PROVIDED TO MY HONOUR.

Dislikes

IN ALL RESPECT IT IS EXCELLENT AND MORE THAN MY EXPECTATION.

Work

EXCITING

Likes

This job provides me feeling that besides earning for my self and family members we are providing social Security all persons who gets Insurance Life through us as Life Insurance is Very Important for ones Life it provides Financial Security to members of Family Financially as Life is uncertain and one should have 10 times Risk Cover his/her Annual Income eg if one person having Annual income is 10.00 Lacs after Payment of Income tax he/she should have Insurance Minimum 1.0 cores even one can adopt team Insurance which is ablible at low premium should be taken at early age say 30 years so that cost of premium is low but can adopt LIC OF INDIA Plan Umang Jeevan for team 15 to 30 years time with Pension Benifit after completion of team contact your LIC Agent as very Good Plans not possible to discuss here many good Products by LIC OF INDIA which suits to every person Needs.

Dislikes

my dislikes person who have no courage hear the other person views and understand it and involve in dirty Politics at Office work place and no intention do thier job honestly such persons cannot deliver thier best to thier organization for which they are hired by Company and do not rise they leave the company on same position on which they have entered organization and nothing has been achieved by them in thier life.

Likes

An organisation which is exactly a replica of how a typical PSU Culture should be .Neither the organisation wants to grow nor it allows anyone to grow.tainted with unscrupulous persons on top levels who knows nothing but to plunder the hard earned money of customers.They love to enjoy their life with the cost of poor clients.No ethics while concluding any business .Only concerned about when 5'o clock will come when once logged in at 10 Am so that they could left.Any way onroll employees are utmost loyal to the firm since they very well realised that no other organisation will give a job to them with this much remuneration in lieu to the quality of service offered by them towards LIC.. A classical example of disrespecting and demoralzing the sales force with termination of service and decrements .The unparalleled Public sector organisation which is terminating its regular cadre sales employees based on target even if they have successfully completed decades of service.

Dislikes

Everything starting from organisation culture,insecurity of job,remuneration,working conditions,breach of statutory service provisions,nullified career growth,Absence of business ethics,hostile working environment,irresponsible and irresponsive team members ,mental harassment etc.

Work

pathetic organisation with unscrupulous employees

Likes

Self learning ability grows each and every day.... because in this company u have to learn everything by ur own. Freedom of individual sales and marketing skills....and complete freedom of building your team.

Dislikes

Every division has their own rules and working culture.....and also branches under this divisions set their own rules . No job security.....bogus union... discrimination of sales and marketing people.....other than sales and marketing people... every one is under one service rule.....but for sales and Marketing people 2 service rule.....No control of ur team.....at a time u have to look 5 types of target ....and after performing any time u will receive termination letter.... Pathetic situation for young people who came in this organisation after 2009.....in sales and marketing....no facilities were given by company....if u take any facilities u have to pay the price by achieving 6 times target of cost of whichever facilities u r taken. U have to bear expenses of team building and every thing from ur so called big salary.....

Work

I can only say that they asked me to complete my apprisal years last 2 months target in one day....which is impossible for me.....and they can't interested to tell me the reason behind this....then I decided to resign..

Likes

LIC Of INDIA most of the people's trust Insurance company . I like work as Staff but I am working as INSURANCE ADVISOR(AGENT)...at chennai anna salai , CBO 5 . in lic office each and everyone interactive, Sharing knowledge and no ego ..which i seen it. ADO , ABMS and BM persons are helping to grow in life. If its possible to get a job in LIC as staff ... I feel happy much more and I looking forward it...

Dislikes

Dislike of LIC is PCs is not working for policies services... Kindly give a portal for agent to check all policies to services customers by there own.

Work

I am working in LIC, as INSURANCE ADVISOR (AGENT) in CBO 5 ,DO - 1, CHENNAI , ANNA SALAI . I happy working on GAINT Oraganization... but I like to get into LIC work as Staff . Why beacuse of i personally Impressed my ADO , ABMS and CBM .

Likes

From day 1 till today I'm learning many more working style and hw to serve my clients in a better way. This is the only work that I feel I can do it with passion. The achievement, success, honours, freedom I've get over here can't be written in words. Last of all I'd like to say I feel proud for being an LICan...
Thank you team
Naukri.

Dislikes

I dislike those behaviour of those terminated agents of L.I.C who repeatedly mis guiding the existing policy holder's. It's should be stopped soon.

Work

Suspecting possible peoples, prospecting with them, showing plan presentation to them, finally closing, then log in the new business policy, providing after sales service to existing policy holders...

Likes

very nice friendly culture over here but as company old mate live in monopoly market and had government security to staff of lic other than DO they don't want to be more active and interested in your work. that means you need skill and lots if petition.

Dislikes

training wise its good but not best. still need improvement. one very common issue that they dont hire outsider for training, IT they train there staff. And boss its make effect on quality. boss i am part of them, Happy and proud about LICian due to my duity its only one job in whole LIC system which need to justify with bussiness perfomance. selling life insurance is so tuff job on indain market but our pepole try to do it in less support.

Work

its challenging me every year but i dont give up.

Likes

Mujhe LIC of India me Kam Karne kafi achha lag kyuki mujhe marketing field ki job bahut Pasand aati hai

Dislikes

Mujhe lic of india company ki ek hi chij napasand hai vo yah hai ki lic apne agent ko fixed salary nhi deti sir LIC ke agent Ka target bhi na ke barabar hai agar lic Apne agents ko achha target ke sath fixed salary+incentive bhi de to Acha hai company ke liye

Work

I am very happy to work in Lic of India. I like Marketing Field's job.

Likes

I feel proud to be an employee of Life Insurance Corporation of India. Here in our beloved organisation we have freedom to think and implement our concepts. This gives immense work satisfaction and encourage to do more and more innovatively. We have the feelings of belongingness.

Dislikes

At times Higher authorities form wrong opinion on the honest and sincere employees based on the information received from the officials closely attached to them who does not do anything except being close to them.and poking others.

Work

The nature of job is all round administration, marketing and sales, customer service Office Services, legal audit, and HR. One is expected all rounder.

Every department has different style of working in the changing environment. The work is dynamic n

Likes

Life was pleasurable. I had worked with different people and different situations. I derived maximum pleasure in solving the customers problem. They approached office with aggressive behaviour as if they would do some nonsense but went out from me paying a indianised salute which I felt as if I cracked a different examination.

Dislikes

Work culture was very poor. Being deep tribal area and their food habits getting the work done before time was difficult task.

Work

Submission of data to higher office was very boring and I nature of routine works are different in nature comprising entire gamut of lic work targeting to customers. It was very exciting