LIC Exams 2023 - Eligibility, Registration, Preparation

Every year the LIC exam is conducted to recruit thousands of candidates across India for various categories. Life Insurance Company is one of the largest public-sector companies in the field of insurance. 

With its headquarters in Mumbai, LIC is owned by the Government of India. This article will give an overview of the different posts in the insurance sector to recruit candidates in LIC.

List of LIC Exams 2023

LIC Exams are recruitment exams administered by the LIC to select candidates who suit the professional needs for that particular post.

The positions and roles at the LIC available through these exams are as follows:

• LIC IRDA (Insurance Regulatory Development Authority)
• LIC AAO (Assistant Administrative Officer)
• LIC AE (Assistant Engineer)
• LIC D.O. (Development Officer)
• LIC DSE (Direct Sales Executive)
• LIC ADO (Assistant Development Officer)
• LIC HFL (Housing Finance Limited)
• LIC FSE (Financial Sales Executive)

LIC Exam Registration

The registration process for the examination for all the posts mentioned above is carried out online. Therefore, interested candidates are advised to visit the official website of the LIC and register for the examination by providing a valid email id and phone number. After registering, the candidates can start filling up the application form with all the correct required information.

Note: Before filling out the application form, it is important to check if you are eligible for the position.

LIC Exam Eligibility Criteria

The eligibility criteria for the various posts under the LIC are mostly similar, but some are different.

The eligibility criteria are as follows:

• LIC AAO Eligibility Criteria
• LIC ADO Eligibility Criteria
• LIC DSE Eligibility Criteria
• LIC IRDA Eligibility Criteria
• LIC DO Eligibility Criteria
• LIC HFL Eligibility Criteria

LIC AAO Eligibility Criteria

For the post of Assistant Administrative Officer, the candidate is supposed to meet a few eligibility criteria.

Given below are the LIC AAO eligibility criteria:

• The candidate should be an Indian citizen.
• The candidate should have completed a bachelor's degree in any discipline from a recognized institution.
• The aspirant should be between 21 and 30 years of age.

Read More: LIC AAO Eligibility Criteria

LIC ADO Eligibility Criteria

Insurance recruits candidates for the post of Apprentice Development Officer. To qualify for that, candidates are expected to meet some eligibility criteria.

Given below are the LIC ADO eligibility criteria:

• The candidate must be an Indian citizen.
• The candidate must possess a graduate degree from a university in India approved for the fellowship of the Insurance Institute of India, Mumbai.
• Lower age limit: 21 years. Upper age limit: 30 years.

LIC DSE Eligibility Criteria

The insurance company recruits candidates to fill the vacancies of the Direct Sales Executives, and the aspirants are expected to have some qualifications to be eligible for this post.

Given below are the LIC DSE eligibility criteria:

• Must have a graduate degree from a recognized university. If the degree or diploma is in marketing or management, those candidates will be given higher preference.
• Must have good English language skills and in a few local languages as well.
• Must have experience in using Microsoft Office tools and services.

LIC IRDA Eligibility Criteria

Candidates are recruited for the post of Insurance Regulatory Development Authority if they meet certain eligibility criteria.

Given below are the LIC IRDA eligibility criteria:

• The candidate must be an Indian citizen.
• The candidate should at least have a 10+2 or equivalent level passing certificate as an educational qualification.
• The candidate should be of 18 years of age. There is no upper age limit.

LIC DO Eligibility Criteria

The Development Officer post is filled with the recruitment of candidates by the company.

The LIC DO eligibility required to qualify for the post are:

• The candidate should be an Indian citizen.
• The candidate should be a graduate of a bachelor's course from a government-recognized university.
• The candidate should be between 21 and 30 years of age.

LIC HFL Eligibility Criteria

There are various positions available under LIC HFL.

Educational qualifications are different for each, but the common LIC HFL eligibility criteria are as follows:

• The candidate must be an Indian citizen.
• The upper age limit is 30, and the lower age limit is 21.
• The educational qualifications for the different positions are:
• Assistant: Graduated a bachelor's course from a government-recognized university with at least 55% aggregate marks.
• Associate: Graduated a bachelor's course from a recognized university with a minimum aggregate score of 60% and CA Intermediate.
• Assistant Manager: The candidate must have a graduate and postgraduate degree with an aggregate score of at least 60%.
• The candidate must have good computer skills.

LIC Exam Preparation

Preparation for the exam is always beneficial to clear the examination. However, there are a few things that a candidate should check out while preparing for the examination.

They are

• Exam Pattern
• Syllabus
• Previous year papers
• Sample papers and mock tests

These tools will be a great source of help during exam preparation.

LIC Exam Selection Process

The candidates are selected based on their performances in the examinations and interviews conducted by the insurance company.

The selection process for the various posts through the LIC Recruitment Exam is as follows:

Post	Selection Process
LIC AAO	Prelims Exam Mains Exam Interview Medical Test
LIC ADO	Written Tests - 2 Interview Medical Test
LIC D.O.	Written Test Group Discussion and Interview
LIC DSE	Written Test Interview
LIC HFL	HFL Online Exam Interview Medical Test
LIC IRDA	Written Exam

Read More: LIC Recruitment Exam

LIC Exam Pattern and Syllabus

The exam pattern and syllabus are shown below. They are mostly similar for various positions, but some key points are different.

Below is the exam pattern for various posts.

• LIC HFL Exam Pattern
• LIC IRDA Exam Pattern
• LIC DO Exam Pattern
• LIC AAO Exam Pattern
• LIC DSE Exam Pattern
• LIC ADO Exam Pattern

LIC Exam Pattern - HFL

The Life Insurance Corporation of India sets the question papers. They conduct these exams to select assistants in Housing Financial Limited.

The LIC HFL exam pattern is as follows:

• The syllabus for the written examination comprises topics from English, Logical Reasoning, Numerical Ability, and General Knowledge.
• 120 minutes or 2 hours is the total duration of the examination.
• The paper consists of 200 multiple choice questions worth 200 marks in total.
• The paper will be split up into 4 sections based on the syllabus for the examination.

LIC Exam - IRDA Paper Pattern

The candidates are selected and recruited for the positions of the Insurance Regulatory Development Authority.

The LIC IRDA exam paper pattern is as follows:

• The exam paper will comprise questions based on topics from Numerical Ability in percentages, Insurance, Loan, Regulation & General Application, discount, and loan calculation.
• The paper will have multiple-choice questions, right or wrong, column matching, yes/no, fill in the blanks type of questions.
• The paper will be of 10+2 levels of difficulty.

LIC DO Exam Pattern

The insurance company recruits aspirants to the post of Development Officer after being selected for their exam performance.

The LIC DO exam pattern is as follows:

• The paper duration is 2 hours.
• There will be 200 questions, divided among the 4 sections of the examination.
• Each question carries 1 mark, and 0.25 marks will be deducted for every incorrect response.
• The syllabus for the examination consists of topics from English, General Awareness, Reasoning, and Numerical Ability.

LIC AAO Exam Pattern

The candidates are recruited to the LIC AAO post through the LIC exam conducted as per the company's requirements.

The LIC AAO exam pattern is as follows:

• There are a total of 3 papers for this examination; Prelims, Mains (Legal), and Mains (Rajbhasha/IT/CA/Actuarial).
• The syllabus consists of topics from Reasoning Ability, Quantitative Aptitude, General Awareness, the English language, Data Interpretation & Analysis, Legal Drafting, Insurance & Financial Market awareness, Current Affairs, and Professional Knowledge. The paper will be set based on these topics.
• The prelim paper will be 1 hour and the main paper will be 2 hours and 30 mins. The total marks in the prelims paper will be 70 marks, and in the main paper, it will be 300 marks + 25 marks for the descriptive question.
• The marks for the questions depend on the section's difficulty, and there is no negative marking scheme for this exam.

Read More: LIC AAO Exam Pattern

LIC Exam - DSE Paper Pattern

The aspirants are recruited to the post of Direct Sales Executive according to the vacancies present in the insurance company and their performance in the exams.

The LIC DSE pattern of the exam is as follows:

• The written test comprises objective-type questions.
• The questions are developed from topics based on Sales Aptitude, Reasoning, General Awareness, and Numerical Ability.

LIC Exam Paper Pattern for ADO Post

The aspirants are selected for the post of Administrative Development Officer according to their performance in the prelims and main examinations.

The LIC ADO exam pattern is as follows:

• There are 2 phases in this examination, prelims and mains. The prelims examination has one paper, and the main examination papers are three.
• The syllabus for the examination comprises Reasoning, Quantitative Aptitude, English language, Current Affairs, General Awareness, and Insurance Marketing.
• The paper consists of objective-type questions.
• Aspirants need to clear both of the examinations to get through to the interview and medical tests before getting recruited.

Knowing the exam pattern will give you an idea of how the questions paper will be structured and the duration of the paper so you can practice and prepare well. You can also use the sample papers, mock tests, and previous year's question papers to revise for the examination and time yourself according to the details mentioned in the exam pattern. Use reference books suggested by the LIC to aid in your preparation process.

By preparing well, you can increase your chances of getting recruited by the LIC and thus ensure your job with all the benefits of being a LIC employee.