BOP PPT

1 of 19 A Reliance Capital Company

“our dreams have to be bigger.

our ambitions higher.

our commitment deeper.

and our efforts greater.

this is my dream for Reliance and for India.”

Dhirubhai Ambani


The legacy of entrepreneurship

Business opportunity for advisors


The vision of Shri Dhirubhai Ambani

building a world-class enterprise in India based on indian opportunity strength of the indian middle class power of indian youth


evolution

first textile mill at Naroda launch of ‘Only Vimal’ brand first corporate in Asia to issue

50 and 100 years bond in US controlling stake in erstwhile

BSES today known as Reliance Energy Limited

Anil Dhirubhai Ambani Group - ADAG formed


The ADAG companies

Mudra Communications NIS Sparta Ltd. Reliance Infocomm Reliance Energy Ltd. Reliance Adlabs Reliance Capital


Reliance Capital

the financial destination


in the league of top three with varied businesses

Reliance Mutual Fund AUM of Rs.11 4300 Crs.

Reliance Life Insurance growing by over 100% year

on year Reliance General Insurance

offering spectrum of products

Reliance Credit Cards just launched

Reliance Money giving a new dimensions to

traditional brokerage business


Life Insurance - the rising industry

an overview


the past

1956 - the nationalisation

1956 - 2000 – single player named LIC

2000 – invitations to private insurance companies

2010 - 22 private insurance companies


the potential

industry growth @ CAGR* of 35 % private player @ CAGR of 125% life insurance contribution to GDP

developed countries - 8% India – less than 2%

India's population: 120 crores insured population: 6.73% In numbers: 8 Crs.

average life cover: less than Rs. 10,000 Reliance Life Insurance growing by over

300% year on year


market share (%)

Insurer 2005-06 2009-10 Growth rate % change

First year premium including single premium

LIC 18835 43573 +131%

Private sector 7451 14364 +93%

In crores

Comparative Data is till Feb. 06 and Feb. 10


Reliance Life Insurance Company Limited

insuring India, ensuring you.


the journey so far…..

acquired AMP Sanmar in Feb 2006

100% fully owned Indian company with no JV partner

paid-up capital of Rs. 2300 Crs. present in 1237 branches across1237 locations

190 more branches planned

a strong sales force of over 270,000 advisors


insurance solutions

plans for varied solutions: savings solutions protection solutions children plan unit linked solutions retirement solutions

flexible rider options accident and disability critical illness term and in-built waiver of

premium


opportunity for you

build your future


own your destiny

you can be your own boss! you can write your own

cheque, no matter the size you can seize the future and

dictate your terms you can dream and make it

happen


build wealth

high FY commissions one of the highest in industry

renewal commissions recurring income year after year

periodical contests


It is your income!

Year 1 Year 2 Year 3

No of cases 50 75 100

Avg. premium 15,000 20,000 22,000

Total premium 7,50,000 15,00,000 22,00,000

Avg. commission 25% 25% 25%

Year 1 commission 1,87,500 3,75,000 5,50,000

Year 2 commission @ 7.5% 56,250 1,12,500

Year 3 commission @ 7.5% 56,250

Total income 1,87,500 4,31,250 718,250


Are you a performer?

Year 1 Year 2 Year 3

No of cases 100 150 200

Avg. premium 15,000 20,000 22,000

Total premium 15,00,000 30,00,000 44,00,000

Avg. commission 25% 25% 25%

Year 1 commission 3,75,000 7,50,000 11,00,000

Year 2 commission @ 7.5% 1,12,500 2,25,000

Year 3 commission @ 7.5% 2,25,000

Total income 3,75,000 8,62,500 15,50,000


drive home your dream!


fly with your dream


mdrt/ cot/ tot

the Premier Association of Financial Professionals

an exclusive honor achieved only by a small percentage of all life insurance and financial services advisors worldwide

the highest recognition in insurance internationally

how to get there..?


vying for covet

criteria for mdrt/ cot/ tot etc

MDRT - premium Rs. 3036400/-

COT - premium Rs. 9109200/-

TOT - premium Rs. 18218400/-


R.A.R.E. program

advisor career progression



Channel Development Associates

Sales Manager



qualification

Sales Manager advisors have an opportunity to become employees of Reliance life

insurance, if they satisfy the following criteria: Age : Less than 35 years

Education Qualification : Graduate

Business : 60 cases in a period of 6 to 12 months, with an average premium of Rs 15,000/-

S/he needs to be active for at least (every month – 1)

upon satisfying this criteria, the advisor will be nominated by the BM/AM for an interview process


advisor career progressioneconomic attributes

proven track record in the business of life insurance, financial products or services. capable of investing an amount between Rs.1-3 lakhs

office space of 800 sq.ft for specific CDA’s.*.

access to a large base of potential customers and agents

behavioral attributes

strong entrepreneurial spirit and drive

passion to succeed against odds

honesty and integrity

long term commitment to business

leadership and managerial skills.

excellent communication skills. *subject to certain qualifications


our complete support

excellent managerial support

appropriate media support

attractive incentives & contests

robust customer support & service

excellent products (wide range)

regular training (best in the industry)


5 ‘I’s to success in insurance

intention to excel and make it big IRDA license for soliciting business interact and meet people on a regular

basis incentives & commissions to fuel you improvement on an on-going basis


benefits in a nutshell

build your business with zero capital

enjoy the benefits of residual income

flexible work hours attractive Commission exciting Recognition programs association with a strong brand

– reliance capitalize on the growing

Insurance market


let's be 1

you are just a signature away for the most rewarding career!!


do you have it in you?


together we will win the world


questions and answers

A Reliance Capital Company

Thank you

June 25th 2010

BOP PPT

Documents