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Welcome you
To the profession of
LIFE INSURANCE ADVISOR
of
LIFE INSURANCE CORPORATION OF INDIA
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
LIFE INSURNACE
CORPORATION OF INDIA
Life Insurance Agency is considered
as the highest paid Profession in the
world.
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Earning Opportunities
There is no restriction on the
amount of
Money that one can earn
Even sky is not the limit
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Advantages over Other professions
 Start Business of your own without Capital
Investment.
 Freedom to set your own working hours.
 To be in a Business that gets easier & less
demanding as you grow old, compared to
mounting pressures encountered in other
businesses.
 No Compulsory retirement.
 Noble profession opens doors for social service
 Within a short span of time standard of living
could be improved.
 A tool in Nation building activities as money
mobilised is used for people’s welfare.
Commitment + Time Devoted = Results
In India only 26% of Insurable
population is insured till date.
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
74%
26%
B
a
l
a
Balance 74% of population
is yet to be insured.
There is a vast untapped
market to explore
 Only 20% of total agency force are working in a
professional capacity.
 These 20% account for more than 80% of total
Life Insurance Business.
80%80%
20%
20% Professional
agents
80% Business
Be “ONE” among the
“PROFESSIONALS”
And earn your fortune
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Growth
Opportunities
Life Insurance Market In India is
projected to grow from ` 1,09,000/-
crores to `2,60,000/- crores within
5 years time.
Be a part of this Growing Industry.
Be a part of
LIFE INSURANCE CORPORATION OF INDIA
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
People from all walks of life have entered this
profession
•Doctors
•Engineers
•Chartered Accountants
•Share brokers
•Lawyers
•Film personalities
•CEOs
•Businessmen
•Housewives
•Students & many more
There are:
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Just ask your self …… if…..
• Smt..Ritu Nandu (Raj Kapoor’s Daughter)
• Sri.Abhishek Bachan ( Cine artist)
• Smt.Ragini Yadav (Daughter of Lalu Prasad Yadav)
• Sri.Sri O Madhavan (F/o. Mukesh)
•Sri C K Padmanabhan ( Politician)
•Sri.A.K.Antony
Were or are agents of this Corporation then
What about you?
SUPPORT FROM OUTSIDE
 We will provide you with world class training and
support you need to make your carrier a success.
Regular counseling & monitoring.
Strong back Office support.
50 powerful products to cater to the needs of every
individual.
 Encouragements through various Competitions &
Rewards.
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Attractive Commission Rates
On any standard policy you shall be paid attractive commissions
On the premium you get.
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Magic of Renewal Commission
CASH JUST FLOWS
Busi
ness
in
Crs
Prm
income
Y
r
1 2 3 4 5 6 7 8 9 10
1 1000000 1 350000 75000 75000 50000 50000 50000 50000 50000 50000 50000
2 1500000 2 525000 112500 112500 75000 75000 75000 75000 75000 75000
3 2000000 3 700000 150000 150000 150000 150000 150000 150000 150000
4 2500000 4 875000 187500 187500 125000 125000 125000 125000
5 3000000 5 1050000 225000 225000 150000 150000 150000
6 3500000 6 1225000 262500 262500 175000 175000
7 4000000 7 1400000 300000 300000 300000
8 4500000 8 1575000 337500 337500
9 5000000 9 1750000 375000
10 1000000
0
10 350000
0
Commission
earned at the
end of each
350000 600000 887500 1187500 1512500 1862500 2237500 2637500 3062500 5187500
You earn your own Pension
As years pass, the Renewal Commission starts building up
thereby assuring you a pension for the next 20 to 25 years &
for your generations to come.
Also Svavalamban & Samvardhan Schemes are available.
WE
INSURE
and also
ASSURE
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
This is the only profession where you are entitled for
GRATUITY
(Proportionate to your commission earned) if
He has continuously worked as an Agent for 15 or more
Qualifying Years or attained 60 years of age whichever is
later
Maximum amount of Gratuity admissible is ` 2,00,000/-
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Club Membership
Club membership is the recognition given for outstanding
performance to agents.
Distinguishe
d club
Branch
Manager’
s club
Divisional
Manager’s
club
Zonal
Manager’
s Club
Chairman’s
club
Corporate ClubYour path to the TOP
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Fringe Benefits of
Club Membership
 Interest free advance for 2 wheeler and 4
wheelers.
 Interest free advance for purchase of Personal
Computer, Laptop, Furniture etc.
 Housing loan @ 5% p.a
Free term Insurance up to 1.5 lacs & 50%
concession on group medi claim.
 Reimbursement of expenses on stationery ,
Office, Sales promotion & Gift items.
 And many more. Career path DO etc.
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Benefits by
qualifying for MDRT
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
 Enhancement of selling skills
 Increase in production directly resulting in more
commission
 Development of leadership qualities
 Sense of achievement
 Recognition as top performers
Qualities you need to possess
♦ Strong determination, Self confidence
♦Good communication skills
♦Willingness to share
♦ Thirst for Knowledge
♦ Quest for Self-Improvement
♦ Eagerness to build relationships
♦ Power to grab opportunities
♦ Time Management
♦ Hard working
♦ Positive attitude, Consistency & Perseverance
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
To Identify Various Customer needs
Suggest Suitable Life Insurance Plans
from 50 powerful plans to satisfy those
Needs.
Encourage them to buy products
PROVIDE EFFICIENT AFTER SALES
SERVICE.
Your Role
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
T
h
e
r
e
There are only 4 Countries* in
the world whose population is
larger than LIC’s Customer
Base
*LIC has more than 30 crores Customers; only
China, USA, Indonesia and of course, India
have population of more than 30 crores
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Policies to be guaranteed by
Central Government
The Sum Assured by all Policies issued by the Corporation
Including any bonuses declared in respect thereof, and subject
to the provisions contained in section 14, the amounts assured
by all policies issued by any insurer the liabilities under which
have vested in the Corporation under this act, and all bonuses
declared in respect thereof, whether before or after the appointed day,
shall be guaranteed as to payment in cash by
the Central Government.
Section 37 of Life Insurance Corporation Act 1956
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Our Organisational Strength
Central Office
EAST
(Kolkata
)
N.EAST
(PATNA)
WEST
(MUMBAI)
NORTH
(DELHI)
SOUTH
(CHENNAI)
CENTRAL
(BHOPAL)
N.CENTRAL
(KANPUR)
S.CENTRAL
HYDERABAD
ALL INDIA
ZONES : 8 DIVISIONS : 113 BRANCHES : 2048 SATELLITE OFFICES : 1202
STAFF : More than 1.19 lakhs AGENTS: 12.78 lakhs
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
We are No.1 in Company in India
For generating the highest amount of
Net profit (Surplus) in India
For being the highest Net worth in India
We are 2nd
largest I.T. user
Company in India
LIC – The Pride of India
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
We are No.1 in World
• Highest number of Policies sold in a year
• Number of claims settled in a year
• To service Highest number of Policies –
(Including Group Policies)
More than 39 Crores
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
A Life Insurance Agent renders a Social Service to the
families as well as generates funds for ……….
Central Govt.Securities 4,41,760
State Govt.Securities 2,13,913
Power 86,880
Housing 41,067
Water Supply/Irrigation/Sewerage 3,774
Road, Port, Bridges & railways 10,494
Others 21,947
Total 8,19,835
LIC’s INVESTMENT AS AT
31.3.2012
Some Highlights (` in crores)
Nation Building Activities of LIC
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Be Proud to be associated with the only
Insurance Company
with Maximum Awards
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Be Proud to be associated with the only
Insurance Company
with Maximum Awards
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Be Proud to be associated with the only
Insurance Company
with Maximum Awards
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
The procedure to become a
Life Insurance Agent
Minimum Age : 18 Yrs.
 Qualification :
12th
Pass ( Where population is >5000 ) ,
10th
pass ( where population is below 5000)
 Formal training for a period of 50 hours.
 Qualifying in the examination conducted by
Insurance Institute of India.
Field training by Development Officer.
 Personal Interview
Issue of Licence by IRDA.
50 hrs
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Training & its Benefits
* Effective selling skills.
* Innovative marketing strategies.
* Customised training
* Goal Oriented approach.
* Through knowledge of products.
* Enhanced professionalism
* Ability to build long term Customer Relations.
* Certificate issued by the Insurance Institute of India.
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Coming ………. .. Working……Staying
Coming together
is beginning
Working together
in progress
Staying together
is Success
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
TEAM WORK
TOGETHER
EACH ONE OF US
ACHIEVE MORE
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
PROCESS
You need to undergo 25 hours IRDA prescribed online training
- costs 200/-
You need to pass IRDA Online test-objective multiple choice
type, 1 hour duration. 35% is the minimum pass marks
required- u need to pay 502/- online while scheduling the test
You need to pay 150/- at LIC counter
The entire process takes 2 to 3 weeks time and total
investment would be 852/-
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Contact: Ajay Gupta
Development Officer, LIC of India.
Mobile:9845136164
Website: www.licajaygupta.com

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Become an LIC Agent in 3 Simple Steps (38

  • 1. Welcome you To the profession of LIFE INSURANCE ADVISOR of LIFE INSURANCE CORPORATION OF INDIA IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION LIFE INSURNACE CORPORATION OF INDIA
  • 2. Life Insurance Agency is considered as the highest paid Profession in the world. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 3. Earning Opportunities There is no restriction on the amount of Money that one can earn Even sky is not the limit IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 4. Advantages over Other professions  Start Business of your own without Capital Investment.  Freedom to set your own working hours.  To be in a Business that gets easier & less demanding as you grow old, compared to mounting pressures encountered in other businesses.  No Compulsory retirement.  Noble profession opens doors for social service  Within a short span of time standard of living could be improved.  A tool in Nation building activities as money mobilised is used for people’s welfare. Commitment + Time Devoted = Results
  • 5. In India only 26% of Insurable population is insured till date. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION 74% 26% B a l a Balance 74% of population is yet to be insured. There is a vast untapped market to explore
  • 6.  Only 20% of total agency force are working in a professional capacity.  These 20% account for more than 80% of total Life Insurance Business. 80%80% 20% 20% Professional agents 80% Business Be “ONE” among the “PROFESSIONALS” And earn your fortune IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 7. Growth Opportunities Life Insurance Market In India is projected to grow from ` 1,09,000/- crores to `2,60,000/- crores within 5 years time. Be a part of this Growing Industry. Be a part of LIFE INSURANCE CORPORATION OF INDIA IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 8. People from all walks of life have entered this profession •Doctors •Engineers •Chartered Accountants •Share brokers •Lawyers •Film personalities •CEOs •Businessmen •Housewives •Students & many more There are: IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 9. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION Just ask your self …… if….. • Smt..Ritu Nandu (Raj Kapoor’s Daughter) • Sri.Abhishek Bachan ( Cine artist) • Smt.Ragini Yadav (Daughter of Lalu Prasad Yadav) • Sri.Sri O Madhavan (F/o. Mukesh) •Sri C K Padmanabhan ( Politician) •Sri.A.K.Antony Were or are agents of this Corporation then What about you?
  • 10. SUPPORT FROM OUTSIDE  We will provide you with world class training and support you need to make your carrier a success. Regular counseling & monitoring. Strong back Office support. 50 powerful products to cater to the needs of every individual.  Encouragements through various Competitions & Rewards. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 11. Attractive Commission Rates On any standard policy you shall be paid attractive commissions On the premium you get. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 12. Magic of Renewal Commission CASH JUST FLOWS Busi ness in Crs Prm income Y r 1 2 3 4 5 6 7 8 9 10 1 1000000 1 350000 75000 75000 50000 50000 50000 50000 50000 50000 50000 2 1500000 2 525000 112500 112500 75000 75000 75000 75000 75000 75000 3 2000000 3 700000 150000 150000 150000 150000 150000 150000 150000 4 2500000 4 875000 187500 187500 125000 125000 125000 125000 5 3000000 5 1050000 225000 225000 150000 150000 150000 6 3500000 6 1225000 262500 262500 175000 175000 7 4000000 7 1400000 300000 300000 300000 8 4500000 8 1575000 337500 337500 9 5000000 9 1750000 375000 10 1000000 0 10 350000 0 Commission earned at the end of each 350000 600000 887500 1187500 1512500 1862500 2237500 2637500 3062500 5187500
  • 13. You earn your own Pension As years pass, the Renewal Commission starts building up thereby assuring you a pension for the next 20 to 25 years & for your generations to come. Also Svavalamban & Samvardhan Schemes are available. WE INSURE and also ASSURE IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 14. This is the only profession where you are entitled for GRATUITY (Proportionate to your commission earned) if He has continuously worked as an Agent for 15 or more Qualifying Years or attained 60 years of age whichever is later Maximum amount of Gratuity admissible is ` 2,00,000/- IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 15. Club Membership Club membership is the recognition given for outstanding performance to agents. Distinguishe d club Branch Manager’ s club Divisional Manager’s club Zonal Manager’ s Club Chairman’s club Corporate ClubYour path to the TOP IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 16. Fringe Benefits of Club Membership  Interest free advance for 2 wheeler and 4 wheelers.  Interest free advance for purchase of Personal Computer, Laptop, Furniture etc.  Housing loan @ 5% p.a Free term Insurance up to 1.5 lacs & 50% concession on group medi claim.  Reimbursement of expenses on stationery , Office, Sales promotion & Gift items.  And many more. Career path DO etc. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 17. Benefits by qualifying for MDRT IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION  Enhancement of selling skills  Increase in production directly resulting in more commission  Development of leadership qualities  Sense of achievement  Recognition as top performers
  • 18. Qualities you need to possess ♦ Strong determination, Self confidence ♦Good communication skills ♦Willingness to share ♦ Thirst for Knowledge ♦ Quest for Self-Improvement ♦ Eagerness to build relationships ♦ Power to grab opportunities ♦ Time Management ♦ Hard working ♦ Positive attitude, Consistency & Perseverance IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 19. To Identify Various Customer needs Suggest Suitable Life Insurance Plans from 50 powerful plans to satisfy those Needs. Encourage them to buy products PROVIDE EFFICIENT AFTER SALES SERVICE. Your Role IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 20. T h e r e There are only 4 Countries* in the world whose population is larger than LIC’s Customer Base *LIC has more than 30 crores Customers; only China, USA, Indonesia and of course, India have population of more than 30 crores IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 21. Policies to be guaranteed by Central Government The Sum Assured by all Policies issued by the Corporation Including any bonuses declared in respect thereof, and subject to the provisions contained in section 14, the amounts assured by all policies issued by any insurer the liabilities under which have vested in the Corporation under this act, and all bonuses declared in respect thereof, whether before or after the appointed day, shall be guaranteed as to payment in cash by the Central Government. Section 37 of Life Insurance Corporation Act 1956 IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 22. Our Organisational Strength Central Office EAST (Kolkata ) N.EAST (PATNA) WEST (MUMBAI) NORTH (DELHI) SOUTH (CHENNAI) CENTRAL (BHOPAL) N.CENTRAL (KANPUR) S.CENTRAL HYDERABAD ALL INDIA ZONES : 8 DIVISIONS : 113 BRANCHES : 2048 SATELLITE OFFICES : 1202 STAFF : More than 1.19 lakhs AGENTS: 12.78 lakhs IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 23. We are No.1 in Company in India For generating the highest amount of Net profit (Surplus) in India For being the highest Net worth in India We are 2nd largest I.T. user Company in India LIC – The Pride of India IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 24. We are No.1 in World • Highest number of Policies sold in a year • Number of claims settled in a year • To service Highest number of Policies – (Including Group Policies) More than 39 Crores IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 25. A Life Insurance Agent renders a Social Service to the families as well as generates funds for ………. Central Govt.Securities 4,41,760 State Govt.Securities 2,13,913 Power 86,880 Housing 41,067 Water Supply/Irrigation/Sewerage 3,774 Road, Port, Bridges & railways 10,494 Others 21,947 Total 8,19,835 LIC’s INVESTMENT AS AT 31.3.2012 Some Highlights (` in crores) Nation Building Activities of LIC IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 26. Be Proud to be associated with the only Insurance Company with Maximum Awards IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 27. Be Proud to be associated with the only Insurance Company with Maximum Awards IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 28. Be Proud to be associated with the only Insurance Company with Maximum Awards IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 29. The procedure to become a Life Insurance Agent Minimum Age : 18 Yrs.  Qualification : 12th Pass ( Where population is >5000 ) , 10th pass ( where population is below 5000)  Formal training for a period of 50 hours.  Qualifying in the examination conducted by Insurance Institute of India. Field training by Development Officer.  Personal Interview Issue of Licence by IRDA. 50 hrs IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 30. Training & its Benefits * Effective selling skills. * Innovative marketing strategies. * Customised training * Goal Oriented approach. * Through knowledge of products. * Enhanced professionalism * Ability to build long term Customer Relations. * Certificate issued by the Insurance Institute of India. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 31. Coming ………. .. Working……Staying Coming together is beginning Working together in progress Staying together is Success IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 32. TEAM WORK TOGETHER EACH ONE OF US ACHIEVE MORE IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
  • 33. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION PROCESS You need to undergo 25 hours IRDA prescribed online training - costs 200/- You need to pass IRDA Online test-objective multiple choice type, 1 hour duration. 35% is the minimum pass marks required- u need to pay 502/- online while scheduling the test You need to pay 150/- at LIC counter The entire process takes 2 to 3 weeks time and total investment would be 852/-
  • 34. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION Contact: Ajay Gupta Development Officer, LIC of India. Mobile:9845136164 Website: www.licajaygupta.com