ICICI Lombard General Insurance Company offers a structured commission framework for its agents and intermediaries, aligning with the Insurance Regulatory and Development Authority of India (IRDAI) guidelines. This framework varies based on the type of insurance product and the mode of distribution. See below the ICICI Lombard agent commission chart…
ICICI Lombard Agent Commission Chart 2026 PDF Free Download
📄 ICICI Lombard Agent Commission Chart 2026 PDF Free Download
Updated: September 2026 | 320 KB | 1 Pages
⬇ Download Free PDFNo signup required · 100% Free
Types of ICICI Lombard Agents:
Here’s a complete breakdown of how to become an ICICI Lombard Agent, the types of agents you can become, the benefits, earnings, and other details:
1. Individual Insurance Agent:
Represents ICICI Lombard exclusively
Can sell a wide range of general insurance products
Works directly with ICICI Lombard or through a regional office
2. PoSP (Point of Sale Person) Agent:
A digitally empowered agent
Can sell motor, health, personal accident, and business insurance
Ideal for part-time agents, homemakers, students, and working professionals
Eligibility Criteria for How to Become an ICICI Insurance Agent:
Criteria Requirements:
- Age: Minimum 18 years
- Education: Minimum 10th pass (as per IRDAI norms)
- Certification: IRDAI PoSP Exam (after 15-hour training)
- Documents Required PAN Card, Aadhaar, Education Proof, Photo
Training & Certification:
- 15-Hour Online Training (IRDAI-mandated)
- PoSP Certification Exam
- Get your Agent ID and Login for the iPartner Pro App
- ICICI Lombard provides training support and study materials.
Commission & Earnings:
Insurance Type PoSP Commission Rate
- Car Insurance 15% (on Own Damage)
- Bike Insurance 15%
- Health Insurance 15%
- Business Insurance 10%
For example: Selling a car policy with a
₹30,000 OD premium = ₹4,500 commission.
ICICI Lombard Agent Commission Chart:
Here’s a comprehensive ICICI Lombard health insurance agent Commission Chart presented in a clean table format for better understanding:
| Insurance category | Policy type | Commission rate |
|---|---|---|
| Motor Insurance | Car – Own Damage (OD) | 15% |
| Motor Insurance | Two-wheeler – Own Damage (OD) | 17.5% |
| Motor Insurance | Third-party (TP) | 2.5% |
| Health Insurance | Individual Health | 15% |
| Health Insurance | Group Health (Employer–Employee) | 7.5% |
| Health Insurance | Group Health (Other eligible groups) | 15% |
| Fire Insurance | Retail Fire | 16.5% |
| Fire Insurance | Commercial Fire (SI below ₹2,500 crore) | 11.5% |
| Fire Insurance | Commercial Fire (SI above ₹2,500 crore) | 6.25% |
| Marine Insurance | Marine Cargo | 16.5% |
| Marine Insurance | Marine Hull | 11.5% |
| Miscellaneous | Retail Policies | 16.5% |
| Miscellaneous | Commercial / Group Policies | 12.5% |
How much commission ICICI Lombard paid
ICICI Lombard General Insurance paid ₹1,035.67 crore in total commissions during April–December 2025, according to reported insurance industry disclosures.
Here is how its commission payout compared with other major general insurance companies during the same period.
| Insurance Company | Total Commission Paid |
|---|---|
| HDFC ERGO General Insurance | ₹1,138 crore |
| ICICI Lombard General Insurance | ₹1,035.67 crore |
| Bajaj Allianz General Insurance | ₹666.96 crore |
| Tata AIG General Insurance | ₹597.07 crore |
ICICI Lombard ranked behind HDFC ERGO among these four insurers. Its total commission payout was higher than Bajaj Allianz General Insurance and Tata AIG during the nine-month period.
ICICI Lombard PoSP Agent Commission
ICICI Lombard also allows individuals to work as Point of Sales Persons (PoSP) through its iPartner Pro platform. A PoSP can sell only simple, pre-underwritten insurance products approved for PoSP distribution. These products have standardised coverage and require limited underwriting intervention.
Which insurance products can an ICICI Lombard PoSP sell?
- Motor Insurance: Eligible car, two-wheeler, and commercial vehicle insurance policies, including comprehensive and third-party products.
- Health Insurance: Eligible simple, pre-underwritten health insurance policies.
- Personal Accident Insurance: Approved personal accident insurance policies.
- Travel Insurance: Eligible pre-underwritten travel insurance policies.
PoSPs cannot independently sell complex, customised or specialised insurance products that require detailed underwriting.
How much can an ICICI Lombard PoSP earn?
Commission depends on the product and applicable payout arrangement. ICICI Lombard’s iPartner Pro website provides illustrative commission examples:
| Insurance Product | Illustrative Commission Rate |
|---|---|
| Car Insurance (Own Damage premium) | 15% |
| Health Insurance | 15% |
| Business Insurance (eligible products) | 10% |
These are illustrative platform rates, not guaranteed earnings for every PoSP. The separate bike commission example has been omitted to avoid confusion with the motor commission rates in the main table.
How to become an ICICI Lombard PoSP?
- Register through the ICICI Lombard iPartner Pro platform.
- Submit the required identity, education, and bank documents.
- Complete the prescribed 15-hour training.
- Pass the required certification examination.
- Complete the appointment process and start selling eligible insurance products.
FAQs:
Q. Are there additional rewards or incentives for agents?
A. Yes, ICICI Lombard provides additional rewards to agents based on performance metrics such as business volume and quality. These rewards are governed by the company’s reward policy and are subject to the discretion of the Distribution Commission and Remuneration Committee.
Q. How can one become a PoSP agent with ICICI Lombard?
A. To become a PoSP agent:
Age Requirement: Must be at least 18 years old.
Educational Qualification: Minimum of 10th standard pass or equivalent.
Training: Complete the required training modules provided by ICICI Lombard.
Examination: Pass the prescribed examination to obtain certification.
Once certified, agents can use the iPartner Pro platform to sell insurance policies.
Q. Does ICICI Lombard pay motor insurance commission on OD or TP?
A. ICICI Lombard motor insurance commission applies mainly to the Own Damage (OD) portion of comprehensive policies. The published maximum rates are 15% for cars and 17.5% for two-wheelers on OD premium. Third-party (TP) commission is generally 2.5% for standalone TP policies. For comprehensive policies, TP commission is nil during the first three years of vehicle registration and 2.5% from the fourth year onwards.
Q. How much commission does ICICI Lombard pay on health insurance?
A. The published maximum commission or remuneration for individual health insurance is 15%. For employer-employee group health insurance, the maximum is 7.5%. Other eligible non-employer-employee group health policies may attract up to 15%. Actual payouts depend on the insurer’s approved commission policy and intermediary agreement.
Q. What is the difference between an ICICI Lombard PoSP and a regular insurance agent?
A. A PoSP (Point of Sales Person) can sell only eligible simple, pre-underwritten insurance products, such as approved motor, health and personal accident policies. A regular appointed insurance agent can have a broader product-selling scope, subject to the insurer’s appointment and applicable regulatory requirements.
Q. Does ICICI Lombard pay renewal commission on motor and health insurance?
A. Renewal commission may be payable on eligible motor and health insurance renewals, depending on the product, intermediary category and applicable commission agreement. There is no single guaranteed renewal commission rate for every agent or policy. Agents should check their current payout schedule with ICICI Lombard.
Q. Is ICICI Lombard the same as ICICI Prudential?
A. No. They are separate insurance companies within the ICICI Group. ICICI Lombard General Insurance offers motor, health, travel, fire and other general insurance products. ICICI Prudential Life Insurance offers life insurance products such as term, savings, retirement and ULIP plans. Their agent commission structures are different.
Q. How can I check the latest ICICI Lombard agent commission rates?
A. You can check ICICI Lombard’s official commission disclosures and regulatory filings, including Form NL-6 (Commission Schedule). You can also contact the company’s distribution team to confirm the applicable commission for a specific product.