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B.BALACHANDRAN DEVELOPMENT OFFICER,LIC OF INDIA. DREAMS OF BUNGLOW CAR.

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Presentation on theme: "B.BALACHANDRAN DEVELOPMENT OFFICER,LIC OF INDIA. DREAMS OF BUNGLOW CAR."— Presentation transcript:

1 B.BALACHANDRAN DEVELOPMENT OFFICER,LIC OF INDIA

2 DREAMS OF BUNGLOW CAR

3 OWN OFFICE FOREIGN TRIP FOR FAMILY

4 EXCELLENT RETIRED LIFE WITH WITH LOT OF MONEY

5 HERE IS THE OPPORTUNITY the Highest paid profession in the world. With no restriction on the amount of money that one can earn ‘THE SKY IS THE LIMIT’

6 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…

7 Ritu Nanda,Daughter of Veteran Actor Raj Kapoor Highest earner

8 Profile of some of OUR TOPPERS (All INDIA) Photo from MDRT Book 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) Ms. Ragini Yadav 2,17,95,429 (TOT) Shri Jayeep M. Kashikar 30,00,477 (TOT) Smt. U. Goenka 37,97,965 (TOT)

9 Attractive Commission Rates On any standard policy you shall be paid Commission as per the following rates: Upto 25% of 1 st year premium + 10% Bonus Commission Upto 7.5% of 2 nd & 3 rd year premium Upto 5% thereafter till the policy continues Every Time a policyholder pays his Installment the Agent receives his Commission VIKAS ARORA & NARENDRA KUMAR THAKUR DEVELOPMENT OFFICERS

10 Magic of Renewal Commission

11 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”

12 How much time you need to devote? Freedom to set your own working hours. Income directly proportionate to commitment & the time devoted. Commitment + Time Devoted = Results

13 Club Membership Club Membership is the recognition given for outstanding performance to Agents Chairman’s Club Membership Zonal Manager’s Club Membership Divisional Manager’s Club Membership Branch Manager’s Club Membership Distinguished Club Membership

14 Fringe Benefits of Club Membership 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 at the rate of 5% p.a. Reimbursement of expenses on Office, Stationery, Sales Promotion & Gift Items. And many more. WE TAKE UTMOST CARE OF OUR AGENTS

15 International Recognition M.D.R.T COT TOT 7,59,100 Commission 22,77,300 Commission 45,54,600 Commission FLY TO U.S.A. Every Year …

16 ALL THE DREAMS OF YOUR LIFE CAN COME TRUE Unlimited Income Two / 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

17 Coming together is Beginning...Working together is Progress...Staying together is Success... FROM 35,000 CR. IN 2002 TO 1,75,000 CR. UPTO 2007. Individual InsuranceCorporate Insurance In India only 22% population is insured till date. Balance 78% insurable Population is yet to be Insured. THERE IS A VAST POTENTIAL UNTAPPED MARKET FOR INSURANCE

18 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…

19 Our SUPPORT Customized Training Through Product Knowledge Effective Skills & Marketing Ideas Personal Counseling Regular Monitoring & Strong Back Office Support - Office Staff - Assistant - Training Executives - Marketing Executives

20 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. Securities318673 State Govt. Securities110697 Electricity44358 Housing34185 Water supply6022 State Road2700 Loans to Ind. Estates450 Loans to sugar co-op.370 Dev Authority113 Port, Railway, Roadway6022 Power generation9797 Municipality70 5,30,159 Nation Building Activities

21 Govt. Guarantee & Financial Strength Policies to be guaranteed by Central Government Working Results (Rs. In Crore) Premium Income1,49,706 Other Income 21,110 Income from Investment1,22,695 Total Income2,93,511 Commission & Adm. exp. 18,677 Claims 57,623 Total Expenses 76,300 Reserve Fund6,86,616 Total Assest8,03,820 Ref. LIC diary 2009.

22 Giving me the opportunity to present you a Wonderful Career as a Life Insurance Agent of Thank you very much for... B.BALACHANDRAN,DEVELOPMENT OFFICER,LIC OF INDIA (M)9349078948, email-balachandranpulary@yahoo.co.in


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