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LIC AGENCY for Life Long Income to YOU & Your Family.

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Presentation on theme: "LIC AGENCY for Life Long Income to YOU & Your Family."— Presentation transcript:

1 LIC AGENCY for Life Long Income to YOU & Your Family

2 AGENCY BENIFITS ?

3 Attractive Commission Rates On any standard policy you shall be paid commission as per the following rates. Every time a Policy Holder pays his instalment premium, the Agent receives his commission Up to 25% of 1 st year 40% Bonus Commission on the 1 st year commission Up to 7.5% of 2 nd & 3 rd year premium. Up to 5% thereafter till the policy continues.

4 THAT MEANS YEAR 1 st 2 nd 3 rd 4 th 5 th 6 th 7 th 8 th 9 th 10 th 11 th 12 th 13 th 14 th 15 th 16 th 17th 18th 19 th 20 th PREMIUM 10,000 2,00,000 % 35% 7.5% 5% 5%5%5% COMMISSION 3,500 750 500 Total Commission on 1 Policy 13,500

5 Busi ness in Crs Prm income YrYr 12345678910 110000001 35000075000 50000 215000002 525000112500 75000 320000003 700000150000 425000004 875000187500 125000 530000005 1050000225000 150000 635000006 1225000262500 175000 740000007 1400000300000 845000008 1575000337500 950000009 1750000375000 101000000 0 10 350000 0 Commission earned at the end of each year 350000600000887500118750015125001862500223750026375003062500 5187500 Magic of Renewal Commissions

6 -I-If LIC agent works for 5 years, -A-As long as his policyholders pay renewal premiums, -H-He…. Later his Family Members will receive the renewal commission. (ERC & HRC) Own Pension:

7 Social Status –L–LIC agency gives a good recognition in the society. –A–Adding “LIC” to your Vehicle or to your Visiting Card will give a status

8 No boundaries to do business Any where in our Country, World, Universe.

9 Professionalism  Like any other –F–Financial, –L–Legal, –A–Accountancy, –H–Health consultants, LIC agent is an Insurance consultant

10 Recognition – – B.M. club membership – D.M. club membership – Z.M. club membership – C.M. club membership – M.D.R.T. – Corporate club membership

11 Benefits to Club Members – ar or Motorcycle – Housing Loan – Office allowance – Computer – Furniture – Marriage advance – Flight journey – & so many benefits.

12 Bright Career Agent    Dev. Officer    Branch Manager    S.D.M.    Zonal Manager    Chairman

13 Regular Training to meet the changes in the market –B–Branch level Training –S–Specialised Training at Sales Training Centers

14 Inner talents will be recognised and developed –S–Specialisation in selling HFL, PF business –C–Celebrity Marketing –C–Child & Female Insurance –I–Income Tax savings

15 Public Relations can be developed –M–Many of our LIC Agents have become Local Leaders, MLAs, MPs

16 Excellent Job satisfaction –W–When the dependent of a customer receives claim money from LIC

17 100% white money –A–All the Commission is taxable income. –A–Agents submit I.T. returns every year –I–Income Tax will be deducted at source.

18 Ask these people…. Ritu Nanda Dipti BhatnagarAbhishek Bachhan Ragini Yadav

19 EmployeeLIC Agent SalaryCommission Pension (contributory)Renewal + Pension Gratuity L. T. C. 2 Wheeler Loan4 Wheeler (Car) Advance Office Allowance × Office Allowance Housing Loan Festival Advance Mediclaim Telephone Facility 10am-6pm OFFICE JOBOWN BOSS COMPARISION….

20 ProfessionDegreeInvestmentTimeWorkplace Doctor C.A. Lawyer Engineer LIC Agent X X X X √ √ √ √ √ √ √ √ √√ √ √ √ √ √ √ COMPARISION….

21 Time : Money √X 10%- Retired & Unemployed X√ 5%- Professionals XX 80%- Salaried People √√ 5%- Agents

22 Documents required:-- 4 Passport size color photographs Educational Proof :- 1.HSC / 12 th Class Mark sheet / Certificate Age Proof :- (Any One) 1.S.S.C. Marks Sheet 2.Any T.C. 3.Passport Address Proof :- (Any One) 1.Aadhar Card 2.Passport 3.Voter ID 4.Ration Card 5.Driving License 6.Bank Statement later… PAN Card & BANK a/c License fees:- Rs.1000*/

23 If “Dhana Lakshmi” knocks at your door, do you welcome her or not ? She/Agency will give you: –N–Name –F–Fame –M–Money –S–Satisfaction –C–Confidence

24 Join as an & Get a future

25


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