Top LIC Agents of India and Net Worth

• 119
• 0

Top LIC Agents in India

1. Bharat Parekh A standout star, Bharat Parekh earns over ₹4 crore annually—making around five times more than the LIC Chairman. He typically sells about 1,000 policies per year, with each policy averaging ₹2 lakh, generating over ₹200 crore in annual premiums for LIC—the highest by any agent. His journey, starting as a teenager overcoming societal scepticism, has inspired many; he’s featured in motivational content and even authored a book titled Adding More to Life.

2. Ravi Jethani,  A former sub-broker who transitioned into insurance, earns over ₹3 crore per year. He maintains a rigorous work schedule—about 2.5 meetings per day, with a roughly 10% conversion rate. Operating in affluent zones, his average policy size is ₹2 lakh—10 times above the national average. Achieved Million Dollar Round Table (MDRT) in his first year by raising ₹64 lakh in premium.

3. Venkateswara Rao Vakalapudi holds the record for generating ₹51 crore in fresh business in a single year—a feat unmatched by many LIC branches combined. Known for his unique, client-first approach, he “sells himself” before selling any product. His strong referrals—90% of business from clients—set him apart. Manages operations across two offices and has built a successful financial consultancy named “Anand Jeevan”.

4. Top Agents by Single Premium (2017–18) LIC's official records for the financial year 2017–18 list the top 10 agents by highest single premium generated: 1. Khem Singh (Delhi) – ₹173 million 2. Rajesh Chheda (Goa) – ₹172 million 3. Rajendra G. Shah (Jodhpur) – ₹120 million 4. B. V. Parekh (Mumbai) – ₹113 million ...and others, including notable agents from Kolkata, Vellore, Bangalore, Chennai, etc.

 5. Others Worth Mentioning:  A community-based source lists names like Anoop Kumar Jain (Delhi), Rajesh Satoskar (Mumbai), and Hitesh Shah (Mumbai) among “Top 10 LIC agents in India” A blog highlights Kutub Uddin, Suraj Barai. Biswajit Singha, Atef Anis, and Rina Singha as top agents in Silchar, known for their integrity, digital savvy, and client-first approaches.

Bharat Parekh ₹4 crore income; ₹200 crore premium; 1,000 policies annually Ravi Jethani ₹3 crore income; large average policy value; MDRT achiever V. V. Vakalapudi ₹51 crore business in a year; referral-driven network; Anand Jeevan firm Top Single Premium Agents (2017–18) Khem Singh, Rajesh Chheda, B. V. Parekh, etc., generating ₹100M+ premiums Regional Stars Agents like Anoop Jain, Rajesh Satoskar (industry mentions) Silchar Top Agents Kutub Uddin, Suraj Barai, other local trusted advisors

 Why These Agents Stand Out:  Exceptional Performance: From ₹100 crore+ premiums to ₹50 crore+ annual business. Client-Centric Approach: Focused on building trust and long-term relationships. Inspirational Journeys: Many began with humble roots and rose to become elite agents. Recognition: MDRT membership, media features, and internal accolades reinforce their credibility. 

Bharath Parekh's Working Strategy

Bharat Parekh is widely recognised as one of LIC's most successful agents, and his working strategy combines relationship-driven selling, systematic prospecting, and high-value client targeting. Here’s a detailed breakdown of his approach: ---

✅ 1. Focus on High-Net-Worth Individuals (HNIs) Bharat Parekh does not chase volume with small-ticket policies. Instead, he focuses on quality clients who can buy large-value policies. His average policy size is ₹2 lakh, which is 10 times higher than the national average. He prioritises HNIs, business owners, and professionals, creating customised insurance and financial plans for them. ---

✅ 2. Consistent Prospecting & Networking He meets at least 2–3 new prospects daily, maintaining a constant pipeline of leads. Uses referral-based networking—over 80% of his clients come through referrals from satisfied customers. Actively participates in social events, business forums, and seminars, building credibility and visibility. ---

✅ 3. Advisory, Not Selling Bharat positions himself as a financial advisor, not just an insurance agent. He educates clients on wealth creation, risk management, and tax benefits, rather than just selling policies. Trust-building approach: Instead of “pushing products,” he diagnoses financial needs and then recommends solutions. ---

✅ 4. Systematic Time Management Works on a structured daily routine: Morning: Client meetings and financial planning sessions.  Afternoon: Follow-ups and documentation.  Evening: Networking and client relationship building.   Maintains a disciplined schedule—no random approach. ---

✅ 5. Strong Team & Delegation He runs a professional office setup with a trained team that handles: Policy servicing,  Documentation,  Client reminders,  Renewals & claims.   This frees up his time for high-value selling and relationship building. ---

✅ 6. Use of Digital Tools Although traditional in origin, he leverages technology: CRM systems for managing leads and renewals,  WhatsApp & email for client engagement,  personalised financial plans in digital formats ---

✅ 7. Goal-Oriented Mindset:  Sets clear monthly and yearly targets. Measures performance by: Premium amount booked,  Number of HNI clients added,  MDRT/COT/TOT achievements (Million Dollar Round Table, Court of the Table, Top of the Table) ---

✅ 8. After-Sales Relationship:  Stays in constant touch with clients for birthdays, anniversaries, and financial updates. Provides additional value services, like: Tax planning assistance,  Claims support,  Family financial security advice --- Key Quote from His Approach > “Clients don’t buy policies; they buy trust and solutions for their financial worries.”

Bharath Parekh's Networth 

Income from the LIC Agency.

  According to ET Now, Bharat Parekh earns approximately ₹4 crore annually—roughly five times more than the LIC Chairman—by selling around 1,000 policies per year, each averaging ₹2 lakh premium.

 Investment Holdings & Estimated Net Worth Trendlyne—which tracks publicly disclosed shareholdings—reports that as of June 30, 2025, individuals matching the name Bharat Parekh hold shares in five companies with a combined value exceeding ₹605.6 crore. Meanwhile, another report (citing ET Now data as of September 2023) mentions public holdings worth about ₹469.7 crore, but that likely reflects earlier valuations.

Bringing It Together: Estimated Net Worth While there's no direct public figure labeled as "Bharat Parekh’s total net worth," here’s a reasonable breakdown: Annual income: ~₹4 crore Investment holdings (public shares): ₹470–606 crore (depending on date and market value) Based on this, a plausible estimate of his net worth would fall in the range of ₹500–₹600 crore.

 Summary Table Component Estimate LIC Agency Income (Annual) ₹4 crore (approximate) Public Shareholdings Value ₹470–606 crore Estimated Total Net Worth ₹500–₹600 crore