M D R T Presentation

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  • Dev. officer at LICI .
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M D R T Presentation

  1. 1. Presentation By Vivek Gupta Development Officer , L.I.C. WELCOME MDRT AGENCY
  2. 2. Where there is…. Unlimited Earning Potential Unique Pension Promotional Avenues Sense of Achievement Challenges & Adventure Enjoyment & Fun Hereditary Income Fame & Recognition Self Satisfaction Personal Growth Paid Holiday Trips ARE YOU INTERESTED IN A PROFESSION ?
  3. 3. Then you have a rewarding career awaiting you as MDRT Insurance Agency Insurance Agency Amongst various career opportunities is considered today as one of the highest paid profession in the world. MDRT INSURANCE AGENCY
  4. 4. ABOUT MDRT ABOUT MDRT FOUNDED IN 1927 The Million Dollar Round Table (MDRT), The Premier Association of Financial Professionals, is an international, independent association of more than 31,500 members, or less than 1 percent, of the world's life insurance and financial services professionals from 464 companies in more than 80 nations and territories. MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service. MDRT membership is recognized internationally as the standard of sales excellence in the life insurance and financial services business. In India qualifying for MDRT means MDRT Agency offers you Rs. 12,00,000/- first year commission. That Means You will start making money from the very first year itself. MDRT Agency offers you hereditary commission. Which means your family members shall be getting receiving continuous income upon your efforts for a long time even when you shall be no more. MDRT Agency offers you renewal commission. Which means you shall start building your retirement fund from the very second year. And much more……
  5. 5. SUCCESS STORIES Shri. S. B. Choudhary is a resident of Mumbai. He took up LIC agency in January 2002. During the Calendar Year 2002, the commission earned by him for the new business brought by him is:- Rs. 2,17,95,429 In addition to this, he earned a Bonus of Rs. 87,18,171 (40% of above) Do you know how Shri. Choudhary changed his future through his one Year’s effort? He will receive for the coming 15 to 20 years a Renewal Income of Rs. 51,89,000 per year…. A cool Rs. 4,32,416 per month!
  6. 6. SOME STALWART PERFORMANCE Smt. Ritu Nanda: Daughter of the legendary Raj Kapoor; daughter-in-law of the renowned Industrialist family- Escorts But above all No.1 Agent of LIC Of India continouously procuring premiums of over Rs. 8 Crores for so many years in a row…… Renewal income running into Crores! Shri. Brijesh Kumar Bhargav Retd. Wing Commander of Indian Air Force. Exponent in Employer-Employee Schemes. Last Year Performance 122.31 Cr (Rs. 1.22 Billions) Shri. S. Kavlekar Record-breaking performance with 11303 Policies, hailing from Goa….
  7. 7. From a person running after you for his business A family welfare economist advising you about the need and necessity of Insurance and one who devises plans to meet these needs…. THE LIC AGENT V/S MDRT AGENT The difference is clearly same as in - TAILOR FASHION DESIGNER BARBER HAIR CARE EXPERT SALOON BEAUTY SPECIALIST TheCorporation islooking for high net worth individuals/ professional who can accept agency asaprofession- A businessworth millions! Theawarenessof Insurancehasincreased many foldsin therecent past and vacuum of insuranceprofessional in thesegmentsof ----------- •HNI •CORPORATES THE RULES OF THE GAME HAVE CHANGED Look at these pictures all ordinary people extra ordinary achievement •MNC •CELEBITIS ETC……. Havecreated unlimited businessfor professional agencies
  8. 8. Many of L.I.C. agents after having professional selling training were able to Qualify for M.D.R.T. In 1st yr of their agency career i.e. approx Rs 12 Lakh commission in 1st year . EARNING POTENTIAL Suppose you sell an Endowment Policy of Sum Assured 5 Lakhs Term 21 Years with Yearly Premium of Rs. 25,000/- You will instantly get a commission which is 35% of Rs. 25,000/- i.e. Rs. 8,750/-. For next two years your get Rs. 1,875/- each. For the remaining 18 years you will get Rs. 1,250/- per year. Total Earning by selling just one policy: 8750+1875+1875+22500=Rs. 35000
  9. 9. 1st year 2nd year 3rd year 4th year 5th year No. of policy 140 150 175 200 250 Annual premium 3,500,000 3750000 4375000 5000000 6250000 1st year 35 % 1,225,000 1312500 1531250 1750000 2187500 2nd year 7.5 % - 262500 281250 328125 375000 3rd year 7.5 % - - 262500 281250 328125 4th year 5 % - - - 175000 187500 5th year 5% - - - - 175000 TOTAL 1225000 1575000 2075000 2534375 3253125 Monthly Income 102083 131250 172917 211198 271094 A UNIQUE PENSION = RENEWAL INCOME Long Term Income By selling insurance policies you can secure an income for number of years. For every insurance policy sold by you, you will earn each time the policyholder pays premium on that policy. For example : If you sell an endowment policy of 20 years premium term, you will earn commission for 20 years on that policy.
  10. 10. YOUR WORTH. YOUR SKILLS. YOUR ABILITY. YOUR HARDWORK. As you keep performing better Year by years, you will become eligible for exclusive perks from L.I.C. by way of Club Membership. Corporate Club Chairman's Club Zonal Manager's Club Divisional Manager's Club Batch Manager's Club STATUS IN THE SOCIETY
  11. 11.  Interest free advance for 2 wheelers or 4 wheelers.  Interest free advance for purchase of personal Computer, Software, Palmtops, Laptops, Furniture, Telephone etc.  Housing Loan @ 5% p.a.  Reimbursement of expenses on Stationery, Office, Sales, Promotion & Gifts Items.  Term Insurance.  Gratuity Retirement.  And many more. STATUS IN THE SOCIETY
  12. 12.  Gratuity.  Term Assurance.  Hereditary commission payable to the heirs.  Mediclaim.  Foreign Trips. Subject to specified performance, you may be selected as a Development officer. Chief Life Insurance Advisor In future . EMPLOYEE BENEFITS SECOND TO NONE
  13. 13. BE INDIAN OWN INDIAN THINK INSURANCE, THINK L.I.C.
  14. 14. As per the survey conducted by Economic Times, LIC has been Marked Number 1 in the list of India's Top 50 Most Trusted Service brand 5 times in a row continuously from 2003 to 2008. People have : Trust, Faith and Reliability on LIC insurance products which means selling LIC policies is easier. LIC policies have the seal of Government guarantee that no other Life insurance else has. LIC operates all over India through 8 zonal offices, 108 Divisional offices, and 2048 Branches all connected through LAN / WAN. AND A STRONG MEDIA & ADVERTISEMENT SUPPORT. L.I.C. – A HOUSEHOLD NAME
  15. 15. AWARDS
  16. 16. Name Location FYC Shri S.B. Choudhary Mumbai 2.7 CRORE Smt. Shyamlata S. Poddar Mumbai 1.5 CRORE Shri Ravindra Joshi Udaipur 88 LAKH Smt. Ritu Nanda Delhi 63 LAKH Shri. H. D. Shah Mumbai 57 LAKH Smt. M.R. Gupta Mumbai 55 LAKH Shri Sanjeev Bajaj Delhi 55 LAKH Smt. p. Rajisthaa Chennai 46 LAKH Shri Jignesh P. Shah Mumbai 45 LAKH Shri B.V. Parekh Nagpur 41 LAKH Smt. U. Geonka Kolkata 37 LAKH Shri. J. Kannan Mumbai 3.4 CRORE Shri D.G. Kokane Pune 30 LAKH Shri Jaydeep M. Kashikar Mumbai 30 LAKH Shri Ranjit S. Naik- NImbalakar Satara 29 LAKH Smt. Radhika Madhusudhan Banglore 28 LAKH Shri J. Chan Jalpaiguri 26 LAKH Shri Mohd. Salman Kanpur 25 LAKH Shri Suraksha Guglani Delhi 23 LAKH Smt Kanchan Kumari Delhi 21 LAKH SUCCESS STORIES
  17. 17. Insurance Selling is such a lucrative business that people from various profession have taken up Insurance Agency as their main career. PART TIME OR FULL TIME P.R. & Event Managers. Chartered Accountants. Business People. Fashion Designers. Models & Celebrities. Executives & Manager. Students. Civil Engineer. Architects. Builders. Lawyers. Doctors. © Copyright Vivek Gupta 2009. All Right Reserved
  18. 18. Dreams to scale new heights. Communication Power. Commitment to achieve goals. Leadership Skills. Desire to meet people and build relations. Marketing Abilities. Deep longing to be a business man. Positive Mental Attitude. IF U HAVE…. FLY IN THE DIRECTION OF YOUR DREAMS Minimum Qualification – 12th pass.
  19. 19. BECOME MDRT AGENT NOW • We saw MDRT Agency offers you 12,00000 commission • we saw you are getting renewal commission • we saw you are getting hereditary commission • we saw you are enjoying interest free advances for your Car, Home and Laptops • we saw that you are flying to US every year • we also saw lot of people in India have been enjoying it. Isn’t it obvious that the reasons motivating you to sign up the agency far outweigh the reasons causing you to hesitate? Therefore let’s complete the formalities.
  20. 20. PROCEDURE  SCREENING TEST.  ABILITY & APTITUDE TEST FOLLOWED BY PERSONAL INTERVIEW.  FORM FILLING & DEPOSIT OF :  TRAINING FEE`S – 150/-.  EXAMINATION FEE`S 500/- + 75/-.  50 HOURS FORMAL TRAINING & CRASH TEST PREPRATION.  I.R.D.A. EXAM QUALIFICATION .  LICENSING – 3 YRS CHARGES RS 250/-.  FIELD TRAINING – 1 YEAR ( continuous phenomena ).
  21. 21. G – 30/291, Sector – 3, Rohini, New Delhi – 110085 OR FIX APPOINTMENT ON M : 01120011032 E-Mail : atmovivek@gmail.com Thank you CONTACT Design & Developed: By Bharat Infotech

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