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SUSHMA NALAPURE
DEVELOPMENT OFFICER
LIC OF INDIA
CAREER AS LIC AGENT
APPLY ONLINE AT : www.joinlicmumbai.net
www.joinlicmumbai.net
YEAR1ST TYPE
(ENDOWMENT)
2ND TYPE(MONEY BACK)
1ST YEAR 25% 15%BONUS COMM. 40% OF
COMM40% COMM
2ND YEAR 7.5% 10%3RD YEAR 7.5% 10%4TH YEAR onwards
5.0% 6.0%
IF Rs. 10000/- collected as Yearly premium for a 20 year Policy and the Policy Holder pays the Premium Regularly .... The Benefits are :
ENDOWMENT TYPE
1ST Y – 10000 X 25% 2500-00BONUS 2500 X 40% 1000-002ND Y –10000 X 7.5% 750-003RD Y – 10000 X 7.5.% 750-004TH YTO 20Y-10000X5%X17 8500-00(17 y)
13500-00
MONEY BACK TYPE
1ST Y – 10000 X 15% 1500-00BONUS 1500 X 40% 600-002ND Y –10000 X 10% 1000-003RD Y – 10000 X 10% 1000-004TH YTO 20Y-1000X6%X17 10200-00(17 y)
14300-00
APPLY ONLINE AT : www.joinlicmumbai.net
AGENT SPOUSE CHILDRENELIGIBILITY : DEATH AFTER 2 YEARS OF SERVICE & RS. 1,00,000/- S.A.IN FORCE Then COMMISSION WILL BE PAYABLE TO LEGAL HEIRS.IN CASE OF E.R.C. AGENTS COMMISSION WILL BE PAYABLE TO THE LEGAL HEIRS.
NEW AGENTS WILL BE TRAINED AT AGENT TRAINING CENTRES ( A.T.C. ) PRIOR TO QUALIFYING TEST.
BASING ON THE PERFORMANCE FREE TRAINING WILL BE PROVIDED AT
D.T.C.S.T.C.Z.T.C.
CLUB MEMBERSHIP
DIFFERENT FRINGE BENEFITS ARE AVAILBLE FOR ALL CLUB MEMBER AGENTS
APPLY ONLINE AT : www.joinlicmumbai.net
BENEFITS TO CLUB MEMBERS
BENEFITS TO CLUB MEMBERS
BENEFITS TO CLUB MEMBERS
ONELY FOR CMZMDM
CLUB MEMBER AGENTS
Agents Club. Basic Loan @ 5%Interest.
Extended Loan @ 7.5 % Interest.
Total Loan.
Corporate Club.
8,50,000 9,50,000 18,00,000
CM Club. 8,50,000 9,50,000 18,00,000
ZM Club. 7,45,000 8.55,000 16,00,000
DM Club. 6,45,000 7,55,000 14,00,000
APPLY ONLINE AT : www.joinlicmumbai.net
BENEFITS TO CLUB MEMBERS
BENEFITS TO CLUB MEMBERS
OFFICE EQUIPMENTS
Table,chairs,Storewels,FillingCabinets,racks,
Weighing Machine,WallClock,AC,Cooler,
Generator/InverterComputor,Fax,Lap-top
ComputorTable,sofa,Server,LCD Monitor,
ADVANCE FOR PURCHASE OF OFFICE EQUIPMENTS
BENEFITS TO CLUB MEMBERS
For CM &ZM Club reimbursement for Land line and /or Mobile Phone
call charges as under.
CM club…..Rs 6000/- per year.ZM club…..Rs 4000/- per year.
For DM &BM Club reimbursement for Mobile Phone call charges as
under.
DM club…..Rs 2400/- per year.BM club…..Rs 1800/- per year.
MEMBERSHIP SUM ASSURED
CORPORATE CLUB 5,20,000
CM CLUB MEMBER 2,80,000
ZM CLUB MEMBER 1,20,000
DM CLUB MEMBER 70,000
BM CLUB MEMBER 40,000
Cover available to the Agents who are 65 years or below. For Agents above Age 65 Corporation gives a memento in lieu of the group insurance cover.
BENEFITS TO CLUB MEMBERS
Chance to attend convention
Corporate Club : Airfare Chairman’s Club : Airfare Zonal manager’s Club : AC 2tier Divisional Manager’s Club : 1st class Branch manager’s Club : 1st. Class ( Where 1st.class boggy not available then A.C 2 tier. )
MDRT is:
• Founded in 1927, the Million Dollar Round Table (MDRT),MDRT membership is recognized internationally as the standard of sales excellence in the life insurance and financial services.
International – 65,000 members in 78 countries & represents 430 insurance companies.
U.S…53%, Japan…9%, Canada… 4%,
Singapore… 3% , Hong Kong…5%.
• The premier association of Insurance Agents
IT IS DREAM OF EVERY PROFESSIONAL LIFE INSURANCE AGENT…!
Purposes Include:
• To elevate professional standards and prestige of insurance
advisors.
Zone TOT COT MDRT TOTALWZ 27 99 1960 2086SCZ 1 19 786 806NZ 4 29 666 699EZ 2 18 443 463SZ NIL 9 412 421NCZ 1 5 302 308CZ 8 8 238 254ECZ NIL 1 198 199ALL INDIA 43 188 5005 5236L.Y. 2012 38 163 4610 4811
MDRT 2013
• MDRT:Rs.8,36,100/- F.Y. Commission (Without Bonus)
OR Rs.33,44.000/- First Year premium.
.2014 Requirements
Benefits of Membership• Increased prestige, self-esteem and confidence• Professional development• Networking opportunities• Increased quality of life
• Achieving personal goals
• Leadership opportunities within MDRT
• Public relations
APPLY ONLINE AT : www.joinlicmumbai.net
Benefits of Membership• Political and charitable involvement opportunities• Support system for business and personal needs• Increased production through exchange of ideas with peers
MDRT AnnualMeeting• The MDRT Annual Meeting is the life insurance industry’s sales meeting “par excellence.”
• Three-day meeting features breakfast seminars, morning Main Platform presentations and afternoon and evening sessions.
• Approximately 7,000 MDRT qualifiers and special guests attend each year, including company CEOs, company marketing officers and non-member general agents/managers.
INCENTIVES AND SUPPORT TO MDRT AGENTS1) An interest free advance, maximum up to `
80,000, is paid to all MDRT Agents who attend the MDRT Annual Meet.
2) MDRT agents are also entitled to ‘out of pocket’ expenses of 15,000 for attending the MDRT Annual Meet.
3) Interest free advance for purchase of Laptop up to a maximum of 80,000 for
4) Reimbursement of MDRT registration fees who attend MDRT Meet and submit their Certificate of Attendance.
Thank you
