FIELDS OF EDUCATION, CAREER OPTIONS AND PROSPECTUS


Career in Insurance

   

Insurance As Career: Remuneration

In the government sector the pay scale varies with position. As per government rules allowances are also granted along with basic salary. The initial salary in  private sectors range from Rs 15,000 to Rs 25,000 per month in marketing and sales field. The insurance agents earn nearly 25-32% of the premium amount in the 1st year, followed by 7.5% in the 2nd and 3rd and 5% in 4th and 5th year. Actuaries are one of the most highly paid people in the insurance sector and the entry level salary is expected to be somewhere around Rs. 8 lakh per annum.
 

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