LIC AAO Notification / LIC AAO Recruitment 2023 Notification Online Form Released, Check Vacancies Details , Exam Date
LIC AAO Notification 2023 / LIC AAO Recruitment 2023 Apply Online, Last Date, Form, Fee Details are now available on this page and the official website. The Life Insurance Corporation of India, or LIC, is the most successful company in India’s insurance Industry. It is a State owned Company with operations in India and other countries. Every year, LIC issues Job Postings for various open positions. LIC announced earlier this year that they would accept Applications for the position of AAO in the Generalist cadre. For the current year, there are 300 open positions in the AAO Generalist cadre. Continue reading for details on the LIC AAO Recruitment 2023, including the Last Date, Form, and Fee.
LIC AAO 2023- Exam Summary | |
Organization | Life Insurance Corporation of India |
Post Name | Assistant Administrative Officer |
Vacancies | 300 |
Exam level | National |
Category | Govt. Jobs |
Mode of Application | Online |
Online Registration | 15th to 31st January 2023 |
Educational Qualification | Graduation |
Age Limit | 21 to 30 Years |
Salary | Rs 92,870 -/- |
Exam Mode | Online |
Language | English/ Hindi |
Official Website | https://licindia.in |
About Life Insurance Corporation
Life Insurance Corporation (LIC) is an Indian state-owned insurance group and investment company. It was founded in 1956 and is headquartered in Mumbai, India. LIC offers a range of life insurance products, including term life insurance, endowment plans, and pension plans, as well as investment and group insurance products. The company also offers various forms of savings and investment products, such as Unit Linked Insurance Plans (ULIPs) and Equity-Linked Saving Schemes (ELSS). LIC is one of the largest life insurance companies in India and has a large customer base across the country. LIC is the largest life insurance company in India and has a significant market share in the Indian insurance sector.
Benefits of Life Insurance
Life Insurance Corporation (LIC) offers a range of benefits for policyholders, including:
- Financial security: Life insurance provides financial security to the policyholder’s family in the event of their death.
- Tax benefits: Premiums paid towards life insurance policies are eligible for tax deductions under section 80C of the Income Tax Act.
- Maturity benefits: Many of LIC’s insurance plans come with maturity benefits that pay out a lump sum upon the policy’s maturity.
- Investment opportunities: Some of LIC’s insurance policies, such as Unit Linked Insurance Plans (ULIPs), also offer investment opportunities and the potential for long-term wealth creation.
- Guaranteed returns: Some of LIC’s traditional insurance policies offer guaranteed returns, providing policyholders with a steady source of income.
- Customizable coverage: LIC offers a range of insurance policies with different coverage options, allowing policyholders to choose the coverage that best suits their needs.
- Wide network: LIC has a wide network of agents and branches across India, providing policyholders with convenient access to its services and support.
Life Insurance Corporation Notification / Recruitment Followed Some Steps
Life Insurance Corporation (LIC) periodically Recruits for various Positions, including Administrative and Sales Roles. The Recruitment process Typically includes the following steps:
- Application: Interested candidates Must Apply for the desired position through the official LIC website or through various job portals.
- Written examination: Candidates who meet the eligibility criteria are invited to take a written examination. The examination tests the candidate’s knowledge of insurance and financial concepts, as well as their aptitude and reasoning skills.
- Interview: Candidates who clear the written examination are called for an interview with the LIC selection panel. The interview assesses the candidate communication skills, personality, and fit for the role.
- Final selection: Candidates who clear the interview are considered for final selection. The final selection is based on the candidate’s overall performance in the written examination and interview.
Note: The recruitment process may vary slightly depending on the position and the location. It’s important to regularly check the LIC website and job portals for the latest updates on recruitment.