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BLUE OCEAN FINANCIAL INDUSTRY OPPORTUNITY

BOP Kenanga Insurance 8Aug14 Mandy

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Page 1: BOP Kenanga Insurance 8Aug14 Mandy

BLUE OCEAN FINANCIAL INDUSTRY OPPORTUNITY

Page 2: BOP Kenanga Insurance 8Aug14 Mandy

ARE YOU AWARE??

Page 3: BOP Kenanga Insurance 8Aug14 Mandy

WHY MUST YOU TRANSFORM??

• RESOURCES INTEGRATION.

• DIVERSIFICATION.

• UPSCALE YOUR MARKET, ENLARGE YOUR PROVIDER LIST(Jump out from single supplier model).

• EYE ON REGIONAL MARKET.

• ENHANCE YOUR CURRENT FINANCIAL SERVICES PLATFORM.

Page 4: BOP Kenanga Insurance 8Aug14 Mandy

WHY YOU NEED TO JOIN US?

• NO NEED DEMONSTRATION.

• NO NEED MAINTENANCE QUOTA.

• NO NEED CFP, RFP, ChFP etc..

• MULTI FINANCIAL PRODUCTS.

• MULTI INSURANCE COMPANIES.

• PAY AS HIGH AS CONVENTIONAL AGENCY.

• STRONG IT SUPPORT FOR MULTIPLE PRODUCTS.

• INNOVATIVE MARKETING PLAN!

Page 5: BOP Kenanga Insurance 8Aug14 Mandy

STAGE 1: Consultant

Personal Sales : RM50,000(Life Insurance) Income : RM20,000

RM50,000

Page 6: BOP Kenanga Insurance 8Aug14 Mandy

STAGE 2: Relationship Manager

Personal Sales : RM50,000

Unit Production: RM200,000

Income: RM26,000

RM50,000

RM50K

RM50K

RM50K

Page 7: BOP Kenanga Insurance 8Aug14 Mandy

STAGE 3: Relationship Manager

Division Production: RM750,000

Total Income : RM16,500

RM(200K)

RM(200K)

RM(200K)

YOU

New(50K)

New(50K)

New(50K)

Page 8: BOP Kenanga Insurance 8Aug14 Mandy

STAGE 4: Relationship Manager RM(750K)

RM(750K)

RM(750K)

RM(200K)

RM(200K)

RM(200K)

NEW(50K)

NEW(50K)

NEW(50K)

Group Production: RM2,550,000

Total Income: RM52,500

Page 9: BOP Kenanga Insurance 8Aug14 Mandy

Stage 5:Vice President

Page 10: BOP Kenanga Insurance 8Aug14 Mandy

Total Income for 5 stage

Page 11: BOP Kenanga Insurance 8Aug14 Mandy

Breakaway VP 1

Breakaway VP 2

Breakaway VP 3

Total Income: RM 972,000

STAGE 6: PERPETUAL -3 VP

Page 12: BOP Kenanga Insurance 8Aug14 Mandy

STAGE 7: BREAKAWAY -12 VP

TOTAL INCOME: RM 2,069,000

1st gen

1st gen

1st gen

2nd Tier VP

2nd Tier VP

2nd Tier VP

2nd Tier VP

2nd Tier VP

2nd Tier VP

2nd Tier VP

2nd Tier VP

2nd Tier VP

Page 13: BOP Kenanga Insurance 8Aug14 Mandy

1VP(S3)

3VP(S2)

9VP(S1)

1VP(S3)

3VP(S2)

9VP(S1)

1VP(S3)

3VP(S2)

9VP(S1)

TOTAL INCOME= RM 3,667,000

STAGE 6: BREAKAWAY -39 VP

Page 14: BOP Kenanga Insurance 8Aug14 Mandy

You Only Recruited 9 persons &

Open RM100,000 accounts SEE THE POWER OF DUPLICATION!

Page 15: BOP Kenanga Insurance 8Aug14 Mandy

Commission Table: Investment linked Insurance

Rank Year Year2 Year3 Year4 Year5 Year6 Sum

Agent 20.00% 20.00% 15.00% 15.00% 10.00% 10.00% 90.00%

RM 3.00% 5.00% 4.00% 4.00% 16.00%

RM to 1st Gen RM 2.00% 2.00%

RM TO 2nd Gen RM 2.00% 2.00%

RM TO 3rd Gen RM 0.50% 0.50%

VP 6.00% 10.00% 4.00% 5.00% 5.00% 5.00% 35.00%

VPto1st Gen VP 2.00% 2.00% 1.00% 5.00%

VP to 2nd Gen VP 1.00% 1.00% 0.50% 2.50%

VP to 3rd Gen VP 0.50% 0.50%

Page 16: BOP Kenanga Insurance 8Aug14 Mandy

Commission Table: Traditional Life Insurance

Rank Year1 Year2 Year3 Year4 Year5 Year6 Sum

Agent 35.00% 25.00% 15.00% 15.00% 10.00% 10.00% 110.00%

RM 3.00% 1.00% 2.00% 1.00% 7.00%

RM to 1st Gen RM 2.00% 2.00%

RM to 2nd Gen RM 2.00% 2.00%

RM to 3rd Gen RM 0.50% 0.50%

VP 6.00% 4.00% 2.00% 3.00% 15.00%

VP to 1st Gen VP 2.00% 2.00% 1.00% 5.00%

VP to 2nd Gen VP 1.00% 1.00% 0.50% 2.50%

VP to 3rd Gen VP 0.50% 0.50%

Persistency Bonus(PS) - 5.00% 5.00% 10.00%

Production Bonus(PS) 5.00% 5.00%

Production Bonus(RM) 3.00% 3.00%

Production Bonus(VP) 2.00% 2.00%

Page 17: BOP Kenanga Insurance 8Aug14 Mandy

Rank Motor Non- Motor - Low Non Motor-High

Consultant 6.00% 8.50% 14.50%

RM 1.00% 1.50% 2.00%

RM-1st RM 0.25% 0.50% 1.00%

RM-2nd RM 0.25% 0.50% 1.00%

RM-3rd RM 0.125% 0.25% 0.50%

VP 0.875% 1.25% 1.50%

VP - 1st VP 0.25% 0.50% 1.00%

VP - 2nd VP 0.125% 0.25% 0.50%

VP - 3rd VP 0.125% 0.25% 0.50%

Total Comm 9.00% 13.00% 22.50%

GENERAL INSURANCE COMMISSION STRUCTURE - 3 generation!!

Page 18: BOP Kenanga Insurance 8Aug14 Mandy

Rank >5% 3% <2% AUA

Consultant 2.4% 2.0% 0.15% 0.15%

RM 0.55% 0.075% 0.025% 0.05%

RM-1st RM 0.1% 0.05% 0.01% 0.01%

RM-2nd RM 0.1% 0.05% 0.01% 0.01%

RM-3rd RM 0.1% 0.05% 0.01% 0.01%

VP 0.55% 0.075% 0.025% 0.05%

VP - 1st VP 0.1% 0.05% 0.01% 0.01%

VP - 2nd VP 0.05% 0.025% 0.005% 0.005%

VP - 3rd VP 0.05% 0.025% 0.005% 0.005%

Total 4.0% 2.4% 0.25% 0.25%

UNIT TRUST COMMISSION STRUCTURE - 3 generation!!

Page 19: BOP Kenanga Insurance 8Aug14 Mandy

Our Network Licensing Requirements

Introducer Representative

• Security Commission

• Fee RM1200

• Promotion – RM550

• Age 21

• Min Diploma Level

Insurance

• Life PCE (A+C)

• Investment Link – CEILI

• General Insurance PCE (A+B)

• Life- RM85

• CEILI - RM90

• General - RM85

• Age 18

• SPM Level & Above

Unit Trust

• CUTE

• RM200

• Age 21

• SPM Level & above

• IC Copy

• 4 Passport Size Photo

PRS

• FIMM

• RM200

• Age 21

• SPM Level & Above

• IC Copy

• 4 Passport Size Photo

Page 20: BOP Kenanga Insurance 8Aug14 Mandy
Page 21: BOP Kenanga Insurance 8Aug14 Mandy

PROMOTION CRITERIA

Page 22: BOP Kenanga Insurance 8Aug14 Mandy

Join the best of the best, in the annual Sales Incentive Trip 2014!

*For life insurance products only.

Kia Ora, Nǐ Hǎo, & Sa-Was-Dee!

Experience an exhilarating adventure, with the

most diverse environments on earth, from fast-

paced cities to beaches, mountains and lakes.

Explore with us a fascinating blend of cultures in

New Zealand, a warm and friendly society and

the breathtaking landscapes. Taiwan is not

lacking in dramatic scenery; with spectacular

views of the ‘sea clouds’ sweeping over the

tallest peak, Yushan Mountain, as well as offering

some of East Asia’s top surfing spots. Taipei is

also one of the most thriving and vibrant

shopping spots in Asia as it offers endless

selection of apparels and accessories at

affordable prices. Nearby Malaysia, resides Krabi

Province, where its sandy beaches and crystal

waters will calm away the most frazzled souls.

New Zealand 20,000,000 points

Krab 6,000,000

points Taiwan 9,000,000

points

KIBB 2014 Sales Incentive Trip!

Page 23: BOP Kenanga Insurance 8Aug14 Mandy

Double Sales Incentive trip!!!

Ausscar Financial Group Sales Incentive Trip 2014 awaits!

Email us at [email protected] or call us at +603-7651 0183 / 0169

for more information. Term and conditions apply.

*Qualifying points stated here are applicable for the Personal Sales, Direct Group and Whole Group.

Please refer Schedule of Commissions & Incentive Benefits Scheme for more information.

*The Company reserves the right to make any changes without prior notice.

Direct Group 840 points Whole Group 1400 points Personal Sales 240 points

Page 24: BOP Kenanga Insurance 8Aug14 Mandy

WHO CAN YOU RECRUIT??

1) Existing Unit Trust & PRS Consultants!

2) Existing Life & General Insurance agents!

3) Existing Remisiers!

4) Existing Financial Planners!

5) All investors who like to learn and do INVESTMENT!

6) BANKERS!

7) Fresh graduates!

8) Sale persons.

9) Real Estate negotiators.

10) Etc..

Page 25: BOP Kenanga Insurance 8Aug14 Mandy

4W Business Concept

• Life & General Insurance

• Wills & Trust

• Unit Trust

• DCI

• Saving Plan

• Share Investment

• BLR Management

• Grant & Subsidy

Wealth Creation

Wealth Accumulation

Wealth Protection

Wealth Distribution

Page 26: BOP Kenanga Insurance 8Aug14 Mandy

Official Partners:

Coming soon..

Page 27: BOP Kenanga Insurance 8Aug14 Mandy
Page 28: BOP Kenanga Insurance 8Aug14 Mandy

Benefits of Partnering With Ausscar Financial Group

Page 29: BOP Kenanga Insurance 8Aug14 Mandy

Join Our CAD Success System

Build your own future!!

Million Income Is NOT a Dream

1. Sign up form 2. Prepare documents >> IC copy, Photo, license copy, bank statement 3. Ready for Exam 4. Start your career

Thank you! Presented by Ausscar Financial Group