CHALLENGE

The
Challenges
 RULES of the GAME CHANGED…
Curds became Yogurt!
Biscuits became Cookies!
Sweet became Dessert!
Housewife became Homemaker!
Waiting area became Lobby!
Lift became Elevator!
Toilet became Rest Room! Saloon became Beauty Clinic!
Teacher became Faculty! Coffee became Cappuccino!
Tailor became Fashion Designer! Cake became Pastry!
Scent became Perfume!
Taxi became Cab!
Building became Mall!
Theatre became Multiplex!
Man became Dude!
Bio-data became Resume!
Desire is the Root
Cause of all Evil

Don’t Fight your Passion;

Desire for Everything
 REAL EDUCAT
TEXTILE ION
ESTATE
MEDIC
AL BOOKS

AUTO
MOBILE
MARKETING FMCG
JOB

LIC HOTEL
AGENCY

MUTUAL
TOUR & GIC
FUND TRAVEL AGENCY
Business Partner of LIC
 LIC as on 31-03-2017
TOTAL ASSET 25.72 Lac Crore
TOTAL Life Fund 23.23 Lac Crore
Total Premium 3.00 Lac Crore
Total Income 4.92 Lac Crore
Investment for People 24.72 Lac Crore
12th Plan Contribution 14.23 Lac Crore
LY Claim Settled 1.12 Lac Crore
CSR Disbursement 88.06 Crore
No. of Divisional Offices 113
No. of Branch Offices 2048
No. of Sos / MOs 1408 / 1238
No of Employees 1,15,394
No of Agents 11.31 Lacs
 Ordinary Agent PROFESSIONAL AGENT

Individual’s Investment
Search Prospect for 12 Lives
Consultant

Professional – Agency as a
Agency as a Part time JOB
Career

Did not know the specialty of Knows the SPECIALITY of the

the Job Profession

Never Develop himself and Develop Himself and Position

Position himself himself as a BRAND
FEEL THE DIFFERENCE
 Did You
become a
BRAND?
To be at EVEREST…
Don’t Ever be at REST…
What do you Want ?
❖ Contact of Big Personalities
❖ Money / Muscle Power
❖ Big Family Background
❖ Political Background
❖ Support from Mass
What We NEED?
CREATE YOUR OWN
PENSION BY DOING
FIXED BUSINESS
EVERY MONTH
 DO CONTINUOUS Premium Collection Commission : 1st Yr 25% + 10% Bonus,
BUSINESS EVERY Per Month `10,000 2 & 3 Yr 7.5% & subsequent Yrs 5%
MONTH

Years Apr May

25%+10%
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Total

1 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 42,000

2 4,250 4,250 4,250 4,250 4,250 4,250 4,250 4,250 4,250 4,250 4,250 4,250 51,000
35+7.5%
3 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 60,000

4 5,500 5,500 35+7.5%+7.5%

5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 66,000

5 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 72,000

6 6,500 6,500 35+7.5%+7.5%+5%

6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 78,000

7 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 84,000

8 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 90,000

9 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 96,000

10 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 102,000

11 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 108,000

12 9,500 9,500 9,500 9,500 9,500 9,500 9,500 9,500 9,500 9,500 9,500 9,500 114,000

13 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 120,000

14 10,500 10,500 35+7.5%+7.5%+5%

10,500 10,500 10,500 10,500 10,500 10,500 10,500 10,500 10,500 10,500 126,000

15 11,000 11,000
(for 11,000
11,000
12 Years)
11,000
=11,000 11,000 11,000 11,000 11,000 11,000 11,000 132,000
110% Gross Total 13,41,000
Commission Earnings – LIVE EXAMPLE

Total Commission
Received Rs.2.2 Crores

Total Commission Received

Rs.3.2 Crores
As on 2014.
Still climbing year after year
Commission Earnings – LIVE EXAMPLE

Total Commission Received

Rs.2.02 Crore

Total Commission Received

Rs.2.45 Crore As on 2014.
Still climbing year after year
Commission Earnings – LIVE EXAMPLE

Total Commission Total

Received Rs.2.3 Crore Commission to
As on 2014. Still be Received
climbing year after year Rs.2.6 Crore
UNLIMITED BENEFITS…
❖ 2 Agency Year – CORP/GALA/DA Club

❖ 4 Financial Year - Club Member

❖ 5 Agency Year – ERC Eligibility

❖ 10 Agency Year - Automatic ERC

❖ 15 Agency Year - Gratuity

❖ 15 Club Year - Life Membership

AGENT SHOULD HAVE
15 YEARS OF SERVICE

SHOULD HAVE
COMPLETED AGE 60

Maximum at present
Rs. 3,00,000/-
 FESTIVAL ADVANCE

I 10
N CORPORATE CLUB 30,000
I
T GALAXY CLUB 22,000 N
E
R CHAIRMAN’s CLUB 20,000 S
T
E ZONAL MANAGER’s CLUB 20,000 A
S
T DIVISIONAL MANAGER’s CLUB 20,000 L
M
F BRANCH MANAGER’s CLUB 15,000 E
R WITH 5 YEARS OF SERVICE 10,000 N
E T
E BETWEEN 2 TO 5 YEARS SERVICE 7,000 S
GROUP INSURANCE to All TIED Agents
Age 18 to 69 Years (nbd)
Service in Agency Years Life Cover Premium

Upto 3 Agency Years 1 Lac 300 + GST

Above 3 Agency Year to 5
3 Lac 900 + GST
Agency Years
Above 5 Agency Year to 10
5 Lac 1500 + GST
Agency Years
Above 10 Agency Years 10 Lac 3000 + GST
GROUP INSURANCE to CLUB MEMBERS
Age 18 to 69 nbd; w.e.f. 03.09.2016
CLUB LIFE COVER PREMIUM
Corporate 8,00,000 2100
Galaxy 6,00,000 1600
C.M. 4,00,000 1100
Z.M. 2,00,000 560
D.M. 1,10,000 300
B.M. 55,000 150
 MEDICLAIM COVER
CLUB WITH SPOUSE
Corporate 5,00,000
Galaxy 4,00,000
C.M. 3,00,000
Z.M. 2,00,000
D.M. 1,50,000
B.M. 1,00,000
 OFFICE ALLOWANCES
CLUB BASIC OFFICE ALLOWANCE

CORPORATE CLUB 1,25,000

GALAXY CLUB 1,00,000
CHAIRMAN’s CLUB 35,000
ZONAL MANAGER’s CLUB 22,000
DIVISIONAL MANAGER’s CLUB 20,000
CLUB LH & Visiting MHR Attestation LIC Guest
Phone
Envelope Card Power Power House

CORPORATE 15000 1500 1000 YES YES

GALAXY 12000 1000 500 YES YES
CM 6000 1000 250 YES YES
ZM 4000 750 200 YES YES
DM 2400 500 150 YES YES
 ANNUAL CONVENTION

CLUB Travel Mode Visiting Card Attestation LIC Guest

BLAZER Power House

CORPORATE YES Economy 1000 YES YES

Class AIR

GALAXY YES Economy 500 YES YES

Class AIR

CM Economy 250 YES YES

Class AIR

ZM II TIER AC 200 YES YES

DM II CLASS 150 YES YES

 PENSION….

SWAVALAMBAN / SAMVARDHAN PENSION SCHEME

Exclusive contributory Pension Fund Maintained by
LIC of India for our Agents…
 HOUSING LOAN
CORPORATE CLUB GALAXY CLUB
BASIC : 28 Lac BASIC : 21.25Lac
Extended : 32 Lac Extended : 28.75 Lac
Total : 60 Lac Total : 50 Lac

CM CLUB
BASIC : 18.50 Lac
Extended : 21.50 Lac
Total : 40 Lac

ZM CLUB DM CLUB
BASIC : 11.25 Lac BASIC : 9.00 Lac
Extended : 13.75 Lac Extended : 11.00 Lac
Total : 25 Lac Total : 20 Lac

INTEREST : 5% for Basic & 9.5% for Extended Loan

 TWO WHEELER ADVANCE
C.M. & Z.M. = Actual Prize
D.M. = Actual Prize or last 2 years
RENEWAL, whichever is less
B.M. = Actual Prize or 75% of last 2
years RENEWAL, whichever is less
5 years agents with Rs.56000
RENEWAL Commission = As above
with 9% p.a.

Indirect Income by
way of FRINGE
BENEFITS
Repayable in 60 months
Interest saved Rs.450 pm = Indirect Income
 FOUR WHEELER ADVANCE
MAKE THE DIFFERENCE IN YOUR LIFE STYLE
Interest Free

Indirect Income by
way of FRINGE
BENEFITS
Interest Rs.4500 pm
(Indirect Income)
Maximum Allowed:
Corporate = Rs.20 lac; C.M. = Rs.7 lac; Z.M. = 5 lac;
Others with 5 years experience = Rs.5 lac with interest 9% pa
 MARRIAGE ADVANCE
FOR
For
SELF,
SON /
DAUGHTER

ENJOY… 9% FOR 2 TIMES

THE TRUST…
NO SECURITY 12% FOR 3 TIMES
NO SURETY REPAYABLE IN 36
INSTALMENTS
 SEEING
IS
BELIVING
Laptop
PC MAINTENANCE ALLOWANCE presentation
CM’S CLUB 10,000 p.a. will
ZM’S CLUB* 6,000 p.a.
DM’S CLUB* 3,000 p.a.
Make You
* - Should have Premium Point To LIC
5% of Commission in excess AGENCY
of the total commission over
₹ 1,85,000 for CM Club to
LIC extends GREATER
INTEREST FREE COMPUTER ADVANCE Heights
To CHAIRMAN’S Club Members
 FURNITURE ADVANCE

Maximum = Last Year’s Renewal Commission

Repayable in 36 instalments
Interest free for Club-members & others 9% pa
Maximum 5 times one can avail
Same furniture after 5 years only
Computer / Lap-top Advance for C.M. only
Maximum ` 1,00,000 ; Repayable 60 months
Interest 9% pa ; Maintenance Exp = ` 6000 pa
 OTHER BENEFITS
Hospital Medical Last year Renl.
Repay in 36 Rate of interest
for Self / Family Comm. (OR)
installments 9% p.a.
Members actual
10% of last year
Domiciliary Repay in 36 Rate of interest
Renl. Comm.
Medical Expense installments 9% p.a.
(OR) Rs. 25,000
Last year Renl.
Repay in 36 Rate of interest
Family Functions Comm. (OR)
installments 9% p.a.
Rs.25,000
Marriage
Last year Renl. Repay in 36 Rate of interest
Expenses for Self /
Commission installments 9% p.a.
Family (3 times)
Rs.28,000 (OR)
Repay in 36 Rate of interest
Car Repairs last year Renl.
installments 9% p.a.
Commission
 OTHER ADVANCES
Two-wheeler Repairs Rs.15600 or last Repay in 36 Rate of interest
year Renl. Comm. installments 9% p.a.

Housing Repair Last year renl. Repay in 60 Rate of interest

commn installments 9% p.a.
Flood (OR) Drought Amount Fixed by Repay in 36
Advance LIC installments
Business Development Rs.7,500 Repay in 12
Training installments
 Salary To Staffs

Basic Allowed:
Corporate – Rs.1,75,000
Telephone Reimbursement C.M. Club – Rs.35,000
Installation Of Postage & Z.M. Club – Rs.22,000
Charges Stationery D.M. Club – Rs.12,000
& Calls
Flight
Or
II A/c Train
Fare
Whichever
And Many More Is less
1. Corporate Club 2. Chairman’s Club
3. Zonal Manager’s Club 4. Divisional Manager’s Club
5. Branch Manager’s Club 6. Distinguished Club

CORPORATE CLUB : 18 lacs (FYC & FYRC)

M.D.R.T 2018 = Rs.9,03,000 First Year Commission
Sl Club C.M. Z.M. D.M. B.M.
1 Min Net Lives 40 30 20 15
2 Net Lives Or 130 100 80 50
Lives In Force 600 400 250 150
3 Renewal 200000 140000 90000 50000
4 First Year, First Year
Renewal & Bonus 200000 140000 60000 35000
Entry continuous 3 years or 3 out of 4 financial years.
There after every year to retain the club membership
 LIC AGENCY - OVER VIEW
❖ High Paying & Rewarding Career
❖ Hereditary Commission
❖ Prestigious Profession
❖ Gratuity
❖ Own Business – An Entrepreneur
❖ Medi-claim
❖ No Investment
❖ Group Insurance
❖ No Time Restriction – Utilise Free Hours
❖ Club Membership
❖ No Income Limit
❖ Advances – 2/4 Wheelers
❖ Easy to fulfil Dreams
❖ Home Loan
❖ Regular Flow Income
❖ Festival Advance
❖ Professional Training towards Excellence
❖ Advance for Functions

BIG BRAND & BEST BRAND

 SPECIALITY OF UMANG…
8% Non Taxable SB as PENSION
BONUS Throughout POLICY TERM
SB & BONUS FOR PAID-UP Policies
ADDB Cover Up to 70 Years of AGE
One Life Credit for Club Membership
Thank You !