Eligibility Conditions Eligibility conditions and production requirement for the membership of MDRT – 2013 (Production year 2012 Calendar Year) : B) First.

Eligibility Conditions

Eligibility conditions and production requirement for the membership of MDRT – 2013 (Production year 2012 Calendar Year) :

B) First Year Premium condition

MDRT qualifiers 32,74,400

COT qualifiers 98,23,200

TOT qualifiers 1,96,46,400

Eligibility Conditions

Eligibility conditions and production requirement for the membership of MDRT – 2013 (Production year 2012 Calendar Year) :

A) First Year Commission condition

MDRT qualifiers 8,18,600

COT qualifiers 24,55,800

TOT qualifiers 49,11,600

Incentives & Support to MDRT Agents

• Interest free advance upto ` 80,000 to all MDRT agents who attend Annual meet.

• Out of ` 80,000, reimbursement of ` 40,000 to all the COT agents who attend the MDRT Annual meet.

• Reimbursement of ` 80,000 to all the TOT agents who attend the MDRT Annual meet. The reimbursement is done for only one meeting.

Incentives & Support to MDRT Agents

• Corporate club members who have qualified for MDRT/COT/TOT are also eligible for reimbursement upto Max ` 80,000 or actual Air Fare whichever is lower.

• Corporate club members MDRT agents are also entitled to ‘out of pocket expenses’ of ` 15,000 for attending MDRT Annual Meet.

• MDRT qualifiers on commission basis only are eligible for Interest free advance for purchase of Laptop upto Max. of ` 80,000 recoverable in 60 equated monthly instalments.

Incentives & Support to MDRT Agents

• Agents who qualify for either TOT or COT on commission basis only for at least two years in succession, are given Interest free advance for purchase of Laptop upto Max. of ` 1 lac.

Incentives & Support to MDRT Agents

Additional incentives for MDRT/COT/TOT.MDRT Reimbursement of MDRT Registration fees to all

MDRT qualifiers. COT Reimbursement of MDRT Registration fees and `

25,000 as out of pocket expenses for attending MDRT Annual Meet.

TOT Reimbursement of MDRT Registration fees and ` 50,000 as out of pocket expenses for attending MDRT Annual Meet.

Benefits to MDRT Agents

• MDRT Qualification will boost Renewal Commission earning of Agents i.e. the real Income of Agents.

• MDRT is a booster dose for higher Club Membership.

• It is a beginning of Corporate Club Membership – A step forward towards Corporate Club.

Benefits to MDRT Agents• Agents become a member of elite group in

BO/DO/ZO.• MDRT membership is recognized

internationally as a standard of sales excellence in Life Insurance and Financial Services

• Agent earns a unique recognition and Goodwill which helps him for future Marketing.

Benefits to the Corporation

• Higher productivity of Agents.

• Creation of select Band of performers.

• Role model for new entrants and low performers.

• Such performers give grand pick-up to new product’s launch/new competition.

Benefits to the Corporation• Creation of skilled Agents to handle HNI

segment.• Such Agents create positive environment.• Helps offices to reach budgeted target. • MDRT Agents are always dedicated and

committed to achieving their business targets.

• They have actual logistic (skill) of selling insurance policies.

Benefits to the Corporation

• MDRT Agents are more reliable and dependable because of high commitment.

• They are highly motivated group.

• They are the Brand Ambassador for the Corporation.

• No time limit to become a MDRT.

So, do you all want to be MDRT?

….. Yes.

How? More than 8 months have gone. Only about THREE months left

ROADMAP TO SUPER FAST MDRT

Delhi Division - I

Business Model-IA Few Big Ticket Size Sales in SP(Just 1 Case of 5 Cr Or 5 Cases of 1 Cr each)

Bima Bachat(Age-35)(175-15)

Jeevan Akshay-VI(Age-60)Jt Life Pension with ROC

Prem. Rs.4,98,39,022(SA-Rs.6,70,00,000)

Rs.97,00,000 + Rs.2,99,730(ST)=Rs.99,99,730

SB Paid Rs.1,00,50,000 X 4= Rs.4,02,00,000

Rs.7,22,165 X 25=1,80,54,125

Final Payout

Rs.4,98,39,022 +Rs.4,02,00,000(LA)=Rs.9,00,39,024

Rs.97,00,000

Total Payout

Rs.13,02,39,024 Rs.2,77,54,125

Business Model-2: Innovative Combo ( SP + NSP )(30 pols of Rs 10 Lac Prem)

Jeevan Akshay-VIJt Life Pension with

ROCAge-40

Jeevan TarangAge-0, T/PPT-20/20

SA-Rs.13,50,000

Prem Rs.9 Lac + Rs.27,810(ST)=Rs.9,27,810

+65097 = Rs.9,92,907(One Time)

Pension/ Maturity

Rs.65,880 Rs.12.96 Lacs ( after 20 Yrs )

Pension from 21st Yr

65880 X 25 +74250+Rs.38,880(3% on Mty)=Rs.1.13 Lacs

Amt payable on death *(at age 85 Yrs)

9 Lac( after 45 Yrs of policy)

( Tot pension Recd-Rs.17.13 Lacs)

Rs.13.5 Lac + Rs.34,42,500= Rs.47,92,500(after 85 Yrs of policy)( Tot SB Recd-74250X85 + 38880X85= Rs.96.16 Lacs)

Net Total Payout= Rs.65,880 + Rs.12,96,000 +Rs.179010X25 +

Rs.900000+ Rs113130X40+Rs.47,92,500-992907 =Rs.1,50,61,923

Business Model– 3Retire and Enjoy Packages

Age-35 Pension period61-75

Yly Prem. under plan 149 for Pkg of 15 pols (Term 26-40 Yrs) of Sum Assured-2.05Lac each =Rs.1,00,598

Premium Paid

Rs.1,00,598 X 26 Yrs = Rs.26,15,556

Risk Cover

Rs.90.93 Lacs to Rs.30.75

Life long risk cover

Rs.30.75 Lacs

Pension Rs.542960 to Rs.14,78,050

Total Payouts (Net)

Rs.1,46,53,174(Mty)+Rs.30,75,000(On 100 Yrs)

=Rs.1,77,28,174

9 Pols of 10 Lacs SA each under New Jeevan Shree-I with Term/PPT-15/2. Example:-

Business Model – 4Limited Premium Payment Term Plans

Term 15 Yrs Prem Paying Term

2 Yrs

Age 30 Sum Assured 10 Lacs

Prem. Rs.379,868 One time Investment

Rs.379,868+ Rs.361,778=Rs741,646

Maturity Value

Rs.10 Lacs + Rs.7.10 Lcs, Bonus= Rs.17.10 Lacs

Returns 2.31 times investment

Tot Comm.

9.25%(5% on FYC + 2% Bonus + 2.25% 2nd Yr Comm

Now, Can you do it?

Yes. You can.

You need to just focus on:

1 to 5 BIG SalesOr

30 SP+NSP Product ComboOr

21 R & E PackagesOr

9 Limited payment Plans

Give your VERY BEST in the next 70 days

I am sure everyone present here will be MDRT by 30th Nov

GOD BLESS U & Delhi DO-I