LIFE INSURANCE CORPORATION OF INDIA ( A Govt. of India undertaking ) Welcome to the profession of Life Insurance Consultant [email protected]@vinodchandak.com,

LIFE INSURANCE CORPORATION OF INDIA

( A Govt. of India undertaking )

Welcome to the profession of

Life Insurance Consultant

[email protected], Call: 9422949646

What we wish to have in What we wish to have in life ?life ?



ARE YOU ?

TALKATIVE

GOOD LISTNER

SELF MOTIVATED

SOFT SPOKEN

LIKE FIELD WORKING

MEET PEOPLE

Who can join this career :Who can join this career :• Sales / Marketing

persons.• Chartered

Accountants.• Self employed.• Serving

employees from Govt. or non-Govt organizations.

• Voluntary retired.

• House wives• Fresh Graduates• Software

consultants.• MBA’s• Consultants.


People have entered this profession from all walks of life. There have been Doctors, Engineers, Chartered Accountants, Lawyers, Business Persons, Employed, Housewives, Students & many others who made good income by coming to this profession.

Why Become an LIC Agent

When you become an LIC agent you do more than earn income. You become a financial advisor, a businessman and your own boss, wherein your growth is limited by your own imagination.

You will not need to acquire capital. Your capital is your desire to learn, earn and work.

You can earn as much you want. You set your own income objectives. There is virtual no limit to how much you will earn.

Your compensation package is one of the best in the industry.


You can be among the best in the insurance world. You will achieve success from a professional training program that will help you establish a career even if you have had no previous selling experience. The Training is continuous and will keep you on top of the game.

You establish your own work patterns; choose your own clients set your own business hours.

You will be helping people and families to find means to achieve financial security.


How much can one earn from this business?The sky is the limit.

Life Insurance Agency is considered today as

Highest Paid hard work in the world!

There is no restriction to the amount of money that one can [email protected], Call: 9422949646

A commission sample case …

1 Lac policy sold to a client for 15 years term premium Rs.5000 p.a

1st year >> 35 % 1750=002nd year >> 7.5 % 375=003rd year >> 7.5 % 375=004th year >> 5% X 12 3000=00

(250X12)Total in 15 years >> 5500=00 (110% of

basic annual premium)[email protected], Call: 9422949646

Years of Working 1 2 3 4 5 6 7 8 9 10

No. of policies completed 120 144 173 207 249 299 358 430 516 619

Business (S.A) in lacs 120 144 173 207 249 299 358 430 516 619

Annual Premium 6,00,000 7,20,000 8,64,000 10,36,800 12,44,160 14,92,992 17,91,590 21,49,908 25,79,890 30,95,868

1st year commission @ 35% 210000 252000 302400 362880 435456 522547 627057 752468 902962 1083554

2nd year commission @7.5% 45000 54000 64800 77760 93312 111974 134369 161243 193492

3rd year commission @7.5% 45000 54000 64800 77760 93312 111974 134369 161243

4th year commission @ 5% 30000 36000 43200 51840 62208 74650 89580

5th year commission @5% 30000 36000 43200 51840 62208 74650

6th year commission @5% 30000 36000 43200 51840 62208

7th year commission @5% 30000 36000 43200 51840

8th year commission @5% 30000 36000 43200

9th year commission @5% 30000 36000

10th year commission @5% 30000

Total 210000 297000 401400 511680 644016 802819 993383 1222060 1496472 1825766

Monthly Income 17,500 24,750 33,450 42,640 53,668 66,902 82,782 1,01,838 1,24,706 1,52,147

MONTHLY INCOME GROWTH CHART

If you sell only 10 policies every Month for an average Sum Assured of Rs.1,00,000 ENDOWMENT WITH PROFIT POLICY for 20 years with an average annual premium of Rs.50 per thousands S.A. and you increase your sales 20% each year.


MORE FEATURES

UNLIMITED INCOME

HEREDITARYCOMMISSIONS

CLUB MEMBERSHIP

INTEREST FREEADVANCES

NO RETIREMENT AGE

NO JOINING AGE BAR

GRATUITY 2,00,000

INTERNATIONAL RECOGNITION (MDRT)

NO SR./JR.STATUS

NO UPLINEOR DOWNLINE

NO BOSSING TIMELYCOMMISSIONS


L.I.C. is Synonym for insurance!Why LIC?


LIC of India is Your trusted life insurer since 54 years.

We pledge to serve you better!

Why LIC?Awards Owned By LIC

World Brand Congress Award 2008-09

OUTLOOK MONEY -- NDTV PROFIT AWARD 2009 in " BEST LIFE INSURER CATEGORY "

NDTV PROFIT BUSSINESS LEADERSHIP, AWARDS 2009

ASIA PACIFIC HRM Congress, 2009 Award for INNOVATIVE HR PRACTICES

Brand Equity Most Trusted Brand 2009 Top in Insurance Category

Golden Peacock Innovative Product / Service Award - 2009

Loyalty Award - 2009

Reader's Digest Trusted Brand Award, 2009 ( Platinum category )

NASCOM IT USER Award 2008

Business Superbrand India 2009

CNBC AWAAZ CONSUMER AWARD2008- 2009 for" Most preferred insurance company " [email protected], Call: 9422949646

Policies to be guaranteed by Central Government

The sums assured by all policies issued by the Corporation including any bonuses declared in respect thereof and, subject to the provisions contained in section 14 the amounts assured by all policies issued by any insurer the liabilities under which have vested in the Corporation under this act, and all bonuses declared in respect thereof, whether before or after the appointed day, shall be guaranteed as to payment in cash by the Central Government.

- Section 37 of LIC ACT, [email protected], Call: 9422949646

We Have A Wide Range Of Products For Every One!!!! [email protected], Call: 9422949646

Why LIC?

Financial Highlights during FY 2009-2010

• Total Premium Income : Rs. 185985.91 crore• Total Income : Rs. 298721.55 crore• Payments to Policyholders : Rs. 80134.20 crore

As on Rs. (in crores)31.3.2002 2,45,331.4631.3.2004 3,67,359.8431.3.2006 5,52,447.3331.3.2008 7,56,890.5131.3.2010 11,52,057.21

As on Rs. (in crores)

31.3.2002 2,27,008.9831.3.2004 3,21,753.5331.3.2006 4,63,147.6231.3.2008 6,86,616.4531.3.2010 9,99,517.59


Year Policies

(in crores)

2001-2002 12.58

2003-2004 15.39

2005-2006 21.00

2007-2008 23.39

2009-2010 27.83

No. of policies : 388.39 Lakhs

First Premium : Rs. 42960.44 crores

Total New Business In 2009-10


• Ratio of outstanding claims1.13 %

• It s the largest number settled by any life insurer in the world

• LIC settles 2.11 Crore claims i.e 74558 claims every working day i.e. 3 claims settled every second.

Year Number Amount (in lakhs) Rs. (in crores)

2001-02 87.67 14,519.252003-04 103.53 19,607.202005-06 120.85 28,512.262007-08 140.95 37,011.472009-10 211.00 53954.00


• All 2048 branches of LIC are computerized.

• LIC’s WAN covers 110 Divisions.

• Branches are connected by MAN.

• Online Premium Payments.• 1000 + Satellite Sampark

offices opened to bring LIC to your doorstep

• IVRS facility available in 58 Urban centers.

• Kiosks installed in 150 Select Centers.

• Info Center working in 8 centers.


About MeI am a leading Dev. Officer of L.I.C.82C Branch, which is located in the heart of the city at VMV road, AMRAVATI. For the last 17 year I

have been ranking NO.1 in the branch and in the first 1 in the division. For the last 17 years I have been leading a team of 120 agents. I have been reckoned as the most knowledgeable and

active development officer in my branch.

My team of agents comprises of people of all age groups . There are agents as young as 19 years of age and as old as 67 year too. But the common thing between them is that they are all highly motivated and beaming with energy. This positive attitude of my team has been instrumental in their outstanding performance year. In 2010 six agents of my team qualified for prestigious MDRT level. It is my privilege to welcome you to my team of insurance professionals . It will be my endeavor to nurture your selling skills and help you become outstanding & successful insurance consultant.


My Team

I have invested in technology and manpower to ensure that my team gets adequate sales support from me. Few examples of my support activities are as under: 1) Make joint calls with agents for big business prospects. 2) Provide assistance in organizing medical check ups done for their customers. 3) Counseling with agents to help him perform better. 4) Monitoring his/her sales activity and providing appropriate guidance from time to time. 5) Conducting sales motivation seminars to recharge their energies. 6) Provide access to state of art computerized presentation system . 7) Provide monthly statements which encompass all their policy holder servicing needs.

SUPPORT TO AGENTS

Professional training through seminars. Innovative Marketing strategies.Tips on customer relations management. Effective selling skills.

Tips on objection handling. Exposure to international selling practices.Setting and achieving realistic goal. Sponsorship for special training programs.


Procedure To Become An LIC Agent

3 Passport Size Photograph’s

Minimum Qualifications : HSC / Diploma Equivalent to HSC

Original certificates for verification.

Qualifying in the exams conducted by the Insurance institute of India.

Personal Interview.

[email protected], Call: 9422949646Issue of license by I.R.D.A.

Minimum age : 18 yrs.

Fee Structure

Registration Fee Rs. 150/-Exam fee Rs. 400/-License fee (for 3 yrs.) Rs. 250/-Study Material Rs. 75/-Agent Working Material Rs. 625/-On Line Training Fee Rs. 500/- Extra

Training: Formal class room training by LIC, for a period of 50 hours absolutely free !!!

OrOnline training through the Internet to suit your [email protected], Call: 9422949646

So take a quick & prompt

decision and ..

Join as a respectable “Insurance

Consultant”.


Mr. Vinod M. ChandakSr. Business Associate / Dev. Officer,

Local Chair I.F.P.A.L.I.C. Of India, Branch 82C, Amravati.

Address :

V.C. Group‘Laxmi Palace’,Nr. Rajapeth Rly. Crossing,

Shankar Nagar Road, Amravati. (M.S.)Telefax: 0721/2567609


More Details For Contact,

LIFE INSURANCE CORPORATION OF INDIA ( A Govt. of India undertaking ) Welcome to the profession of Life Insurance Consultant [email protected]@vinodchandak.com,

Documents

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