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Life Insurance Agency is considered today as
the Highest paid profession in the world.
People have entered this profession
from all walks of life.
There are:
Doctors,
Engineers,
C. A.’s,
Share Brokers,
Lawyers,
Film-stars,
CEO’s,
Businessmen,
House Wives,
Students &
…Many Others…
Profile of some of
OUR TOPERS (All INDIA)
PhotofromMDRTBook
Smt. Ritu Nanda
63,12,399 (TOT)
Smt. C. V. Bheda
30,35,450 (TOT)
Shri Sanjeev Bajaj
55,74,860 (TOT)
Shri J. Kannan
34,35,713 (TOT)
Shri R. S. Satoskar
30,26,058 (TOT)
Shri S. B. Choudhary
2,17,95,429 (TOT)
Shri Jayeep M. Kashikar
30,00,477 (TOT)
Smt. U. Goenka
37,97,965 (TOT)
Profile of our Branch Topers
YEAR-2011-12
CHANDRA MOHAN PANDEY
CM CLUB MEMBER
POL.161 PRE. 19.52 LAC
RAJ KUMARI
CM CLUB MEMBER
POL.149 PRE.36.44 LAC
PREM NARAIN
ZM CLUB MEMBER
POL.122 PRE.23.26 LAC
MALTI SACHAN
DA CLUB
MEMBER
POL.113
SHREE NARAIN SACHAN
CM CLUB MEMBER
POL.158 PRE.6.25 LAC
CHITRA BAJPAEE
BM CLUB MEMBER
POL.145 PRE.10.11 LAC
RAJESH KUMAR SINGH
ZM CLUB MEMBER
POL.117 PRE.9.01 LAC
Commission Rates
On any standard Policy that you procure, you shall be
paid
the following Commission Rates:
• 25% of 1st year premium with 10% Bonus Commission.
• 7.5% of 2nd & 3rd year premium.
• 5% there after till the Policy Continues.
Every time a Policyholder pays his Installment Premium,
the Agent receives his Commission.
THAT MEANS
YEAR
1st
2nd
3rd
4th
5th
6th
7th
8th
9th
10th
11th
12th
13th
14th
15th
16th
17th
18th
19th
20th
PREMIUM
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
2,00,000
%
35%
7.5%
7.5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
COMMISSION
3,500
750
750
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
Total Commission on 1 Policy 13,500
Magic of Renewal Commissions
Total Premium Collection - 2,75,00,000
Total Renewal commission@5% will be 13,75000 P.A.
Recurring Consistent Income 1,14583 P.M.
SOURCE
Business standard
24th September 2001.
You Create your own Pension:
As Years pass by,
the Renewal Commission starts building up.
There by assuring you a pension for the next 20 to 25
Years & the Beauty of it is...
“ Hereditary Income”
Club Membership
..is recognition given for Outstanding Performance by Agents.
• Distinguished Club Membership
• Branch Manager’s Club Membership
• Divisional Manager’s Club Membership
• Zonal Manager’s Club Membership
• Chairman’s Club Membership
Fringe Benefits to
Club Membership
• Interest free Advance for 2 wheeler or 4 wheeler.
• Interest free Advance for purchases of Personal
Computer, Furniture, Telephone etc.
• Housing Loan at the rate of 5.25% p.a.
• Reimbursement of expenses on Stationery Office
and Sales Promotion, Gift Items.
…And Many More.
Benefits Quantified
• Office Expanses 100,000
• Sales Promotional Expenses 10,000
• Festival Advances 15,000
• Letterhead, Envelopes 1,000
• Housing Loan (4 Lacs@5.25%) 400,000
Car Advance 6,00000
• Computer Advance- 1,00,000
• Computer Maintenance Allowance 6,000
• Telephone 12,000
• Advance for Purchase/Repair of Office 21,000
• Expenses for Conven 25,000
• Out of Pocket Expenses 2,500
TOAL-RS.1292500/-(FREE AMT.RS.-177500/-
Free Term Insurance 240,000
Gratuity 2,00,000
Training Expenses if Nominated by LIC
We take at most care of our Agents
International Recognition
M.D.R.T
COT
TOT
8,18,600 Commission
24,55,800 Commission
49,11,600 Commission
FLY TO U.S.A. Every Year…
ALL THE DREAMS
OF YOUR LIFE
CAN COME TRUE
Unlimited Income
Four Wheeler
Dreamed House
Dreamed Office
Status in Society
International Status
Job Satisfaction
Pension For Generation
Help to the Nation
Peaceful Life
A T L I C
Role to be Performed
Prepare a list of People
Introduce yourself to them
Approach them Professionally
Present them New & Innovative ideas/concepts
Our executive will help you
At every step
Qualities you should Develop…
Continuous Knowledge update
Develop Relations & Contacts
Positive Attitude
Consistency in meeting People
Great Patience
How much time should one
Devote to this BUSINESS
It’s a parallel profession.
Which goes with your presents
Service / Business / Profession
YOU NEED NOT DEVOTE
SEPARET TIME FOR IT…
A Life Insurance Agent renders a Social Service
to families, as well as generates funds for...
LIC’s investments some high lights...
fig. in Crores
Central Govt. Securities 407934
State Govt. Securities 176213
Electricity/power 80165
Housing 43297
Water supply 4265
State Road 9819
Loans/ to Ind. Estates 27457
7,49,150
Nation Building Activities
(Ref.2011LICdiary)
Govt. Guarantee
Policies to be guaranteed by
Central Government
Ref.LICdiary2009.
Profession Degree Investment Time Workplace
Doctor
C.A.
Lawyer
Engineer
LIC Agent
X X X X
√ √ √ √
√ √ √ √
√ √ √ √
√ √ √ √
COMPARISION….
Ask these people….
Ritu Nanda
Dipti Bhatnagar Abhishek
Bachhan
Ragini Yadav
LIC
Entrepreneurs:
A fulfilling career
Richard Branson recently wrote
how he’d never worked for anyone
but himself. He started and stopped
various small businesses that his
surroundings demanded: his first
stint as a businessman was at age 11,
he bred budgies.
Here’s how a local legend in his part
of the world, Venkateswara Rao
Vakalapudi, an LIC entrepreneur,
started young as a businessman and
is making his mark in the insurance
Taking the opportunity to go through a Wonderful
Career as a Life Insurance Agent for
LIC OF INDIA
Call for details Mr. Avinash 9967398599

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LIC Agency canvasing presentation by avinash singh

  • 1. Life Insurance Agency is considered today as the Highest paid profession in the world.
  • 2. People have entered this profession from all walks of life. There are: Doctors, Engineers, C. A.’s, Share Brokers, Lawyers, Film-stars, CEO’s, Businessmen, House Wives, Students & …Many Others…
  • 3. Profile of some of OUR TOPERS (All INDIA) PhotofromMDRTBook Smt. Ritu Nanda 63,12,399 (TOT) Smt. C. V. Bheda 30,35,450 (TOT) Shri Sanjeev Bajaj 55,74,860 (TOT) Shri J. Kannan 34,35,713 (TOT) Shri R. S. Satoskar 30,26,058 (TOT) Shri S. B. Choudhary 2,17,95,429 (TOT) Shri Jayeep M. Kashikar 30,00,477 (TOT) Smt. U. Goenka 37,97,965 (TOT)
  • 4. Profile of our Branch Topers YEAR-2011-12 CHANDRA MOHAN PANDEY CM CLUB MEMBER POL.161 PRE. 19.52 LAC RAJ KUMARI CM CLUB MEMBER POL.149 PRE.36.44 LAC PREM NARAIN ZM CLUB MEMBER POL.122 PRE.23.26 LAC MALTI SACHAN DA CLUB MEMBER POL.113 SHREE NARAIN SACHAN CM CLUB MEMBER POL.158 PRE.6.25 LAC CHITRA BAJPAEE BM CLUB MEMBER POL.145 PRE.10.11 LAC RAJESH KUMAR SINGH ZM CLUB MEMBER POL.117 PRE.9.01 LAC
  • 5. Commission Rates On any standard Policy that you procure, you shall be paid the following Commission Rates: • 25% of 1st year premium with 10% Bonus Commission. • 7.5% of 2nd & 3rd year premium. • 5% there after till the Policy Continues. Every time a Policyholder pays his Installment Premium, the Agent receives his Commission.
  • 7. Magic of Renewal Commissions Total Premium Collection - 2,75,00,000 Total Renewal commission@5% will be 13,75000 P.A. Recurring Consistent Income 1,14583 P.M. SOURCE Business standard 24th September 2001.
  • 8. You Create your own Pension: As Years pass by, the Renewal Commission starts building up. There by assuring you a pension for the next 20 to 25 Years & the Beauty of it is... “ Hereditary Income”
  • 9. Club Membership ..is recognition given for Outstanding Performance by Agents. • Distinguished Club Membership • Branch Manager’s Club Membership • Divisional Manager’s Club Membership • Zonal Manager’s Club Membership • Chairman’s Club Membership
  • 10. Fringe Benefits to Club Membership • Interest free Advance for 2 wheeler or 4 wheeler. • Interest free Advance for purchases of Personal Computer, Furniture, Telephone etc. • Housing Loan at the rate of 5.25% p.a. • Reimbursement of expenses on Stationery Office and Sales Promotion, Gift Items. …And Many More.
  • 11. Benefits Quantified • Office Expanses 100,000 • Sales Promotional Expenses 10,000 • Festival Advances 15,000 • Letterhead, Envelopes 1,000 • Housing Loan (4 Lacs@5.25%) 400,000 Car Advance 6,00000 • Computer Advance- 1,00,000 • Computer Maintenance Allowance 6,000 • Telephone 12,000 • Advance for Purchase/Repair of Office 21,000 • Expenses for Conven 25,000 • Out of Pocket Expenses 2,500 TOAL-RS.1292500/-(FREE AMT.RS.-177500/- Free Term Insurance 240,000 Gratuity 2,00,000 Training Expenses if Nominated by LIC We take at most care of our Agents
  • 12. International Recognition M.D.R.T COT TOT 8,18,600 Commission 24,55,800 Commission 49,11,600 Commission FLY TO U.S.A. Every Year…
  • 13. ALL THE DREAMS OF YOUR LIFE CAN COME TRUE Unlimited Income Four Wheeler Dreamed House Dreamed Office Status in Society International Status Job Satisfaction Pension For Generation Help to the Nation Peaceful Life A T L I C
  • 14. Role to be Performed Prepare a list of People Introduce yourself to them Approach them Professionally Present them New & Innovative ideas/concepts Our executive will help you At every step
  • 15. Qualities you should Develop… Continuous Knowledge update Develop Relations & Contacts Positive Attitude Consistency in meeting People Great Patience
  • 16. How much time should one Devote to this BUSINESS It’s a parallel profession. Which goes with your presents Service / Business / Profession YOU NEED NOT DEVOTE SEPARET TIME FOR IT…
  • 17. A Life Insurance Agent renders a Social Service to families, as well as generates funds for... LIC’s investments some high lights... fig. in Crores Central Govt. Securities 407934 State Govt. Securities 176213 Electricity/power 80165 Housing 43297 Water supply 4265 State Road 9819 Loans/ to Ind. Estates 27457 7,49,150 Nation Building Activities (Ref.2011LICdiary)
  • 18. Govt. Guarantee Policies to be guaranteed by Central Government Ref.LICdiary2009.
  • 19. Profession Degree Investment Time Workplace Doctor C.A. Lawyer Engineer LIC Agent X X X X √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ COMPARISION….
  • 20. Ask these people…. Ritu Nanda Dipti Bhatnagar Abhishek Bachhan Ragini Yadav
  • 21.
  • 22.
  • 23. LIC Entrepreneurs: A fulfilling career Richard Branson recently wrote how he’d never worked for anyone but himself. He started and stopped various small businesses that his surroundings demanded: his first stint as a businessman was at age 11, he bred budgies. Here’s how a local legend in his part of the world, Venkateswara Rao Vakalapudi, an LIC entrepreneur, started young as a businessman and is making his mark in the insurance
  • 24.
  • 25. Taking the opportunity to go through a Wonderful Career as a Life Insurance Agent for LIC OF INDIA Call for details Mr. Avinash 9967398599