Post on 14-Dec-2015
LIC AGENCYfor Life Long Income to YOU & Your
Family
AGENCY
BENIFITS ?
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
Every time a
Policy Holder pays his instalment premium , the Agent receives his commission
• Up to 25% of 1st year• 40% Bonus Commission on the 1st year commission• Up to 7.5% of 2nd & 3rd year premium.• Up to 5% thereafter till the policy continues.
THAT MEANS
YEAR
1st
2nd
3rd
4th
5th
6th
7th
8th
9th
10th
11th
12th
13th
14th
15th
16th
17th18th19th
20th
PREMIUM
10,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,000
2,00,000
%
35%7.5%7.5%
5%5%5%5%5%5%5%5%5%5%5%5%5%5%5%5%5%
COMMISSION
3,500750750500500500500500500500500500500500500500500500500500
Total Commission on 1 Policy 13,500
Business in Crs
Prm income
Yr
1 2 3 4 5 6 7 8 9 10
1 1000000 1 350000
75000 75000 50000 50000 50000 50000 50000 50000 50000
2 1500000 2 525000
112500
112500 75000 75000 75000 75000 75000 75000
3 2000000 3 700000
150000 150000 150000 150000 150000 150000 150000
4 2500000 4 875000 187500 187500 125000 125000 125000 125000
5 3000000 5 1050000 225000 225000 150000 150000 150000
6 3500000 6 1225000
262500 262500 175000 175000
7 4000000 7 1400000
300000 300000 300000
8 4500000 8 1575000
337500 337500
9 5000000 9 1750000
375000
10 10000000
10 3500000
Commission earned at the end of each year
350000
600000
887500
1187500
1512500 1862500
2237500
2637500
3062500
5187500
Magic of Renewal Commissions
- If LIC agent works for 5 years,
- As long as his policyholders pay renewal premiums,
- He…. Later his Family Members
will receive the
renewal commission. (ERC & HRC)
Own Pension:
•Social Status–LIC agency gives a good
recognition in the society.
–Adding “LIC” to your Vehicle or to your Visiting Card will give a status
• No boundaries to do business
Any where in our •Country, •World, •Universe.
• Professionalism Like any other
–Financial, –Legal, –Accountancy, –Health consultants,
• LIC agent is an Insurance consultant
• Recognition –
– B.M. club membership– D.M. club membership– Z.M. club membership– C.M. club membership– M.D.R.T.– Corporate club membership
• Benefits to Club Members –
– Car or Motorcycle– Housing Loan– Office allowance– Computer– Furniture– Marriage advance– Flight journey– & so many benefits.
• Bright Career
•Agent •Dev. Officer •Branch Manager •S.D.M. •Zonal Manager •Chairman
• Regular Training to meet the changes in the market
–Branch level Training–Specialised Training at Sales
Training Centers
• Inner talents will be recognised and developed
–Specialisation in selling HFL, PF business
–Celebrity Marketing–Child & Female Insurance–Income Tax savings
• Public Relations can be developed
–Many of our LIC Agents have become Local Leaders, MLAs, MPs
•Excellent Job satisfaction–When the dependent of a
customer receives claim money from LIC
• 100% white money
–All the Commission is taxable income.
–Agents submit I.T. returns every year
– Income Tax will be deducted at source.
Ask these people….
Ritu Nanda
Dipti Bhatnagar
Abhishek Bachhan
Ragini Yadav
Employee LIC Agent
Salary Commission
Pension (contributory) Renewal + Pension
Gratuity Gratuity
L. T. C. L. T. C.
2 Wheeler Loan 4 Wheeler (Car) Advance
Office Allowance × Office Allowance
Housing Loan Housing Loan
Festival Advance Festival Advance
Mediclaim Mediclaim
Telephone Facility Telephone Facility
10am-6pm OFFICE JOB OWN BOSS
COMPARISION….
Profession Degree
Investment
Time Workplace
Doctor
C.A.
Lawyer
Engineer
LIC Agent X X
X X
√ √ √ √
√ √ √ √
√ √ √ √√ √ √ √
COMPARISION….
Time : Money
√ X 10%- Retired & Unemployed
X √ 5% - Professionals
X X 80% - Salaried People
√ √ 5% - Agents
Documents required:--4 Passport size color photographs
Educational Proof :-1. HSC / 12th Class Mark sheet / Certificate
Age Proof :- (Any One)1. S.S.C. Marks Sheet2. Any T.C.3. Passport
Address Proof :- (Any One)1. Aadhar Card2. Passport3. Voter ID4. Ration Card5. Driving License6. Bank Statement
later… PAN Card & BANK a/c
License fees:- Rs.1000*/
• If “Dhana Lakshmi”
knocks at your door,
do you welcome her or not ?
• She/Agency will give you:– Name– Fame– Money– Satisfaction– Confidence
Join as an
&
Get a future
THANK YOU