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. INSURANCE IN INDIA o Io Insurance started in India with LIC in the Year of 1956 o Indian Govt target was to get whole India insured o LIC could cover.

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Presentation on theme: ". INSURANCE IN INDIA o Io Insurance started in India with LIC in the Year of 1956 o Indian Govt target was to get whole India insured o LIC could cover."— Presentation transcript:

1 . INSURANCE IN INDIA o Io Insurance started in India with LIC in the Year of 1956 o Indian Govt target was to get whole India insured o LIC could cover only 10% to 15% till 2001 o Indian Govt Established an Insurance Regulatory Development Authority (IRDA) in 2001 & t has opened Insurance Sector for Private Companies

2 . o 22 - 23 Insurance Companies came between 2001-2005 o PVT. companies have covered approx 35% to 40% of Insurance Business oToThe survey of LIC on ‘How these PVT. companies work?’ & also change its way to sale! PRIVATE COMPANIES IN INSURANCE

3 . OLD WORKING SYSTEM OF LIC AGENTS CUSTOMER NEW WORKING SYSTEM OF LIC AGENTS CORP. AGENTS BANKS CUSTOMER GROUPS CUSTOMERCUSTOMER PDI GROUP

4 . ASSOCIATE PARTNERS

5 . A GROUP OF PROFIT SHARING WE ARE SHARING OUR PROFIT WITH OUR MEMBERS EXECUTIVES SALES MANAGERS SR. SALES MANAGERS BRANCH MANAGERS

6 .  MONEY TREE INI MONEY TREE MMONEY PLANT SHARING PROFIT WITH MEMBERS OF

7 . MONEY TREE INCOMES LEVEL 1Rs. 1050 LEVEL 2Rs. 1100 LEVEL 3Rs. 1200 LEVEL 4Rs. 1400 LEVEL 5Rs. 1800 LEVEL 6Rs. 2600 LEVEL 7Rs. 4200 LEVEL 8Rs. 7400 LEVEL 9Rs. 13800 LEVEL 10Rs. 26600 LEVEL 11Rs. 52200 LEVEL 12Rs. 103400 LEVEL 13Rs. 205800 LEVEL 14Rs. 410600 LEVEL 15Rs. 8,20,200 TOTAL INCOME Rs. 16,53,350

8 .. LEVEL 1Rs. 500 LEVEL 2Rs. 550 LEVEL 3Rs. 600 LEVEL 4Rs. 700 LEVEL 5Rs. 900 LEVEL 6Rs. 1000 LEVEL 7Rs. 1250 LEVEL 8Rs. 2500 LEVEL 9Rs. 5000 LEVEL 10Rs. 12000 LEVEL 11Rs. 25000 LEVEL 12Rs. 50000 LEVEL 13Rs. 100000 LEVEL 14 NIL LEVEL 15 NIL MINI MONEY TREE INCOMES TOTAL INCOME Rs. 2,00,000

9 .. LEVEL 1Rs. 250 LEVEL 2Rs. 300 LEVEL 3Rs. 400 LEVEL 4Rs. 450 LEVEL 5Rs. 600 LEVEL 6Rs. 900 LEVEL 7Rs. 1100 LEVEL 8Rs. 2500 LEVEL 9Rs. 4000 LEVEL 10Rs. 7500 LEVEL 11Rs. 12000 LEVEL 12Rs. 20000 LEVEL 13Rs. 50000 LEVEL 14 NIL LEVEL 15 NIL MONEY PLANT INCOMES TOTAL INCOME Rs. 1,00,000

10 .  5K TO 20K PREMIUM (REGULAR) POLICY  T TWO REFREENCES ONLY MEMBERSHIP TERMS  MEMBERSHIP FEE 200 - 450 (ONCE)

11 SALES EXECUTIVE FEE: Rs. 1000/- TIME PERIOD 6 MONTHS GOLES:- SALES ONLY FIVE MEMBERSHIP 5 X 10000 = 50,000/- PREMIUM EARN 10% OF COLLECTED PREMIUM i.e. Rs.50000/- TOTAL INCOME EARN = Rs 5000/- (GET FREE 2 LAC PERSONAL ACCENTIAL INSURANCE)

12 . GOLES:- MAKE YOUR OWN SALES EXECUITVES TEAM INCOMES:- PER SALES EXECUTIVES INCOME1500.00 NO. OF EXECUITVE RUNS PER EXECUTIVE INCOMEINCOME 10 150015000.00 20 150030000.00 30 150045000.00 40 150060000.00 50 150075000.00 GET FREE MINI MONEY TREE ID (INCOME 2 LAC) SALES MANAGER (PERIOD 12 MONTHS)

13 . GOLES:- SET YOUR OWN SALES EXECUITVES TEAM INCOMES:- PER SALES EXECUTIVES INCOME2000.00 NO. OF EXECUITVE RUNS PER EXECUTIVE INCOMEINCOME 60 2000 95000.00 70 2000115000.00 80 2000135000.00 90 2000155000.00 100 2000175000.00 GET FREE MONEY TREE ID (INCOME 16 LAC) SR. SALES MANAGER (PERIOD 12 MONTHS)

14 BRANCH MANAGER  FIXED SALARY Rs. 20,000 + INCENTIVE  MINI MONEY TREE WILL BE CONTINUE ONEY TREE PLAN WILL BE CONTINUE

15 . PROFIT SHARING SYSTEM FUTURE SECURE ONLINE TRACKING SYSTEM WORK WITH FULL FREDOM MONTHLY PAYMENT SYSTEM WORK FAST AND GET FAST NOMINATION FACILITY EXPERTS’ ASSISTENCE

16 . THEN WHAT ARE YOU WAITING FOR DON’T WAIT FOR YO’ SHIP TO COME IN……… ROW OUT TO MEET IT!


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