lic agency canvasing presentation by avinash singh

25
Life Insurance Agency is considered today as the Highest paid profession in the world.

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LIC Of INDIA Offers you : Job As an AGENT A Part/Full time JOB or Business Without any Investment On Commission Basis With own Convenient Time Earn As Much as you want No need to leave your present Job orBusiness

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Page 1: LIC Agency canvasing presentation by avinash singh

Life Insurance Agency is considered today as

the Highest paid profession in the world.

Page 2: LIC Agency canvasing presentation by avinash singh

People have entered this professionfrom all walks of life.

There are: Doctors, Engineers, C. A.’s, Share Brokers, Lawyers, Film-stars, CEO’s, Businessmen, House Wives, Students & …Many Others…

Page 3: LIC Agency canvasing presentation by avinash singh

Profile of some ofOUR TOPERS (All INDIA)

Ph

oto

fro

m M

DR

T B

ook

Smt. Ritu Nanda63,12,399 (TOT)

Smt. C. V. Bheda30,35,450 (TOT)

Shri Sanjeev Bajaj55,74,860 (TOT)

Shri J. Kannan 34,35,713 (TOT)

Shri R. S. Satoskar30,26,058 (TOT)

Shri S. B. Choudhary2,17,95,429 (TOT)

Shri Jayeep M. Kashikar30,00,477 (TOT)

Smt. U. Goenka 37,97,965 (TOT)

Page 4: LIC Agency canvasing presentation by avinash singh

Profile of our Branch TopersYEAR-2011-12

CHANDRA MOHAN PANDEYCM CLUB MEMBERPOL.161 PRE. 19.52 LAC

RAJ KUMARICM CLUB MEMBERPOL.149 PRE.36.44 LAC

PREM NARAINZM CLUB MEMBERPOL.122 PRE.23.26 LAC

MALTI SACHANDA CLUB MEMBERPOL.113 PRE.6.21 LAC

SHREE NARAIN SACHANCM CLUB MEMBER

POL.158 PRE.6.25 LAC

CHITRA BAJPAEEBM CLUB MEMBERPOL.145 PRE.10.11 LAC

RAJESH KUMAR SINGHZM CLUB MEMBER

POL.117 PRE.9.01 LAC

Page 5: LIC Agency canvasing presentation by avinash singh

Commission RatesOn any standard Policy that you procure, you shall be paid

the following Commission Rates:

• 25% of 1st year premium with 10% Bonus Commission.

• 7.5% of 2nd & 3rd year premium.

• 5% there after till the Policy Continues.

Every time a Policyholder pays his Installment Premium, the Agent receives his Commission.

Page 6: LIC Agency canvasing presentation by avinash singh

THAT MEANSYEAR

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

Page 7: LIC Agency canvasing presentation by avinash singh

Magic of Renewal Commissions

Total Premium Collection - 2,75,00,000 Total Renewal commission@5% will be 13,75000 P.A.Recurring Consistent Income 1,14583 P.M.

SOURCEBusiness standard24th September 2001.

Page 8: LIC Agency canvasing presentation by avinash singh

You Create your own Pension:

As Years pass by, the Renewal Commission starts building up.

There by assuring you a pension for the next 20 to 25 Years & the Beauty of it is...

“ Hereditary Income”

Page 9: LIC Agency canvasing presentation by avinash singh

Club Membership..is recognition given for Outstanding Performance by Agents.

• Distinguished Club Membership

• Branch Manager’s Club Membership

• Divisional Manager’s Club Membership

• Zonal Manager’s Club Membership

• Chairman’s Club Membership

Page 10: LIC Agency canvasing presentation by avinash singh

Fringe Benefits toClub Membership

• Interest free Advance for 2 wheeler or 4 wheeler.

• Interest free Advance for purchases of Personal Computer, Furniture, Telephone etc.

• Housing Loan at the rate of 5.25% p.a.

• Reimbursement of expenses on Stationery Office and Sales Promotion, Gift Items.

…And Many More.

Page 11: LIC Agency canvasing presentation by avinash singh

Benefits Quantified

• Office Expanses 100,000• Sales Promotional Expenses 10,000• Festival Advances 15,000• Letterhead, Envelopes 1,000• Housing Loan (4 [email protected]%) 400,000 Car Advance 6,00000• Computer Advance- 1,00,000 • Computer Maintenance Allowance 6,000• Telephone 12,000• Advance for Purchase/Repair of Office 21,000• Expenses for Conven 25,000• Out of Pocket Expenses 2,500

TOAL-RS.1292500/-(FREE AMT.RS.-177500/-Free Term Insurance 240,000Gratuity 2,00,000Training Expenses if Nominated by LIC

We take at most care of our Agents

Page 12: LIC Agency canvasing presentation by avinash singh

International Recognition

M.D.R.T

COT

TOT

8,18,600 Commission

24,55,800 Commission

49,11,600 Commission

FLY TO U.S.A. Every Year…

Page 13: LIC Agency canvasing presentation by avinash singh

ALL THE DREAMSOF YOUR LIFE

CAN COME TRUE

Unlimited Income

Four Wheeler

Dreamed House

Dreamed Office

Status in Society

International Status

Job Satisfaction

Pension For Generation

Help to the Nation

Peaceful Life

A T L I C

Page 14: LIC Agency canvasing presentation by avinash singh

Role to be Performed

Prepare a list of People

Introduce yourself to them

Approach them Professionally

Present them New & Innovative ideas/concepts

Our executive will help youAt every step

Page 15: LIC Agency canvasing presentation by avinash singh

Qualities you should Develop…

Continuous Knowledge update

Develop Relations & Contacts

Positive Attitude

Consistency in meeting People

Great Patience

Page 16: LIC Agency canvasing presentation by avinash singh

How much time should oneDevote to this BUSINESS

It’s a parallel profession.

Which goes with your presents

Service / Business / Profession

YOU NEED NOT DEVOTESEPARET TIME FOR IT…

Page 17: LIC Agency canvasing presentation by avinash singh

A Life Insurance Agent renders a Social Service to families, as well as generates funds for...

LIC’s investments some high lights...

fig. in Crores

Central Govt. Securities 407934State Govt. Securities 176213Electricity/power 80165Housing 43297Water supply 4265State Road 9819Loans/ to Ind. Estates 27457

7,49,150

Nation Building Activities

(Ref

. 201

1 L

IC d

iary

)

Page 18: LIC Agency canvasing presentation by avinash singh

Govt. Guarantee Policies to be guaranteed by

Central Government

Ref

. LIC

dia

ry 2

009.

Page 19: LIC Agency canvasing presentation by avinash singh

Profession Degree

Investment

Time Workplace

Doctor

C.A.

Lawyer

Engineer

LIC Agent X X

X X

√ √ √ √

√ √ √ √

√ √ √ √√ √ √ √

COMPARISION….

Page 20: LIC Agency canvasing presentation by avinash singh

Ask these people….

Ritu Nanda

Dipti Bhatnagar

Abhishek Bachhan

Ragini Yadav

Page 21: LIC Agency canvasing presentation by avinash singh
Page 22: LIC Agency canvasing presentation by avinash singh
Page 23: LIC Agency canvasing presentation by avinash singh

LIC Entrepreneurs:A fulfilling careerRichard Branson recently wrote how he’d never worked for anyone but himself. He started and stopped various small businesses that his surroundings demanded: his first stint as a businessman was at age 11, he bred budgies. Here’s how a local legend in his part of the world, Venkateswara Rao Vakalapudi, an LIC entrepreneur, started young as a businessman  and is making his mark in the insurance industry. 

Page 24: LIC Agency canvasing presentation by avinash singh
Page 25: LIC Agency canvasing presentation by avinash singh

Taking the opportunity to go through a Wonderful Career as a Life Insurance Agent for

LIC OF INDIACall for details Mr. Avinash 9967398599

Thank you very much for..

.