INCOME Active / Temporary IncomePassive / Permanent Income Job Royalty ProfessionRent BusinessInterest Renewal Commission PRIYA RANJAN ROUTRAY DEVELOPMENT.

Slides:



Advertisements
Similar presentations
WELCOME IN THE WORLD OF DREAMS AND SUCCESS. EVERY ONE HAS A DREAM IN HIS LIFE IF THERE IS NO DREAM THERE IS NO LIFE OR SUCCESS.
Advertisements

Chapter 12: Life Insurance Planning
LIC AGENCY for Life Long Income to YOU & Your Family.
SWADHAN A life cover that is practically FREE!! SBI Life products Protection cum Savings Scholar Savings cum Protection Sudarshan Sanjeevan & Young Sanjeevan.
A Career Opportunity Presented by TEAM CARVAN WELCOME! WELCOME! THIS PRESENTATION HELPS YOU TO ACHIEVE FINANCIAL INDEPENDENCE IN YOUR LIFE.
Kamlesh Gurbuxani, CFPCM Development Officer LIC of India
CLUB MEMBERSHIP Rules & Regulations.
V This Presentation is Presented by: G.JAGADISH MBA Development Officer.
Jaswant Rai, Sr. Business Associate. DREAMS OF Jaswant Rai, Sr. Business Associate BUNGLOW CAR.
This Presentation is Presented by: A.SUDHAKAR REDDY Development Officer
Overview of Retirement and Social Security Benefits Presented By: Jehangir Daruvalla.
About us - HDFC Chubb General Insurance Joint venture with Chubb Corporation, USA - a leading property & casualty insurer –with $ 30 Billion in assets;
WELCOMES YOU TO THE PROFESSION OF LIC AGENCY CONTACT US : LIFE INSURANCE CORPORATION OF INDIA.
A year that will re-define your 5 th Category.
1 Thank you very much for giving me the opportunity to present to you a Wonderful Career as a Life Insurance Agent.
LIC Welcomes You!!!.
Why Career as LIC Agent? Apply online at: Contact: Ashok Kumar Jadiya on
Contact , DREAMS OF BUNGLOW CAR Contact ,
Defined Benefit Vs. Defined Contribution
INDIVIDUAL PERSONAL ACCIDENT POLICY. Definition of an Accident RESULTING TO –  Death  PTD  PPD  TTD EXTERNAL VIOLENT VISIBLE CAUSE –
Insurance to Non-Resident Indians (NRIs) 8/31/ C. KARUNAGARAN DEVELOPMENT OFFICER.
If YOU ARE ENERGETIC DYNAMIC AMBITIOUS LOOKING FOR AN EXCITING CAREER OPTION.
Get Noticed………………Get Paid Welcome to the wonderful world of INSURANCE.
Not All Professions Earn U Prayers, Blessing & Gratitude But An LIC Agency Can !!! B.BALACHANDRAN DEVELOPMENT OFFICER LIC OF INDIA
LIC AGENCY for Life Long Income to YOU & Your Family.
Investment Options & The Best One By- Suyog ( CSS, Cash)
ABP FY Income Tax related Financial Information Payroll and Trust Management.
A Reliance Capital company Strictly For Internal Communication Only Reliance Super InvestAssure Plan June 3 rd, 2008 Get More Than You Can Ask For!
FIVE HEADS OF INCOME Income under head salaries.
“To remain the leading insurer in the country by extending the benefits of life insurance to all sections of society and meeting our commitments to.
B.BALACHANDRAN DEVELOPMENT OFFICER,LIC OF INDIA. DREAMS OF BUNGLOW CAR.
Present By :- Vipul Patel Dev.Officer LIFE LONG MONTHLY COMMISSIO N COMMISSIO N PASSED ON TO LEAGAL HEIRS TOO INTEREST FREE VEHICLE ADVANCE ADVANCE FOR.
Birla Sun Life Insurance Company Limited Copyright © Birla Sun Life Insurance Company Limited 2008 Strictly for internal training purpose only JAN, 2011.
Dheeraj Sharma Development Officer. DREAMS OF Dheeraj Sharma Development Officer BUNGLOW CAR.
Meaning of Salary →salary is a form of periodic payment from an employer to an employee. →salary is fixed amount of money or compensation paid to an employee.
FIVE HEADS OF INCOME INCOME UNDER HEAD SALARIES
Club Rules – F.Y. Chase Your Desire Human Can Do Anything.
LIC’s SAMRIDHI PLUS TABLE NO.804.
Why Career as LIC Agent?. Do you have burning Desire to live life King Size and Create Extraordinary Wealth? Go to next slide, only if your answer is.
Employee Benefits By Muhammad Zohaib Sufyan SZABIST.
Welcome you To the profession of LIFE INSURANCE ADVISOR of LIFE INSURANCE CORPORATION OF INDIA IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION LIFE INSURNACE.
Personal Finance and International Review Questions.
LIC AGENCY for Life Long Income to YOU & Your Family.
AGENCY BENIFITS ? HUGE EXTRA INCOME PART TIME PROFESSION LIFE TIME INCOME CALL AVINASH
LIC Welcomes You!!!
Visit: Contact us:
HOW TO BECOME LIC AGENT | LIFE INSURANCE AGENT IN CHENNAI visit: Contact us:
AN EXCELLENT OPPORTUNITY To Work As an Insurance Advisor/Financial Consultant IN LIC Call ,
INCOME FROM OTHER SOURCES. INCOME FROM OTHER SOURCES SPECIFIC S. 56(1) provides that following incomes, in particular, shall be taxed as Income from other.
SALARY. Salary Salary, as commonly understood, means a fixed payment made periodically as compensation for regular services rendered. It covers wages.
Meet our life insurance advisor | Corporate insurance advisors visit: Contact us:
THIS PRESENTATION IS PREPARED AND PRESENTED BY ANIKET PATEL DEVELOPMENT OFFICER CONTACT : BECOME LIC ADVISOR.
WELCOMES YOU TO THE PROFESSION OF LIC AGENCY CONTACT US : LIFE INSURANCE CORPORATION OF INDIA
Tell me a little about yourself. Are you from the area originally? Brothers? Sisters? Married? Any kids? Tell me about your accomplishments, but do me.
Visit:
Visit: Contact us:
Agency proposal for Presented by Mr. Sagar chiplunkar LIC Development Officer.
LIC development officer | Investment plans for senior citizens LIC development officer | Investment plans for senior citizens visit:
LIC chief advisor in chennai | life insurance industry in india LIC chief advisor in chennai | life insurance industry in india visit:
WELCOME IN THE WORLD OF DREAMS AND SUCCESS. EVERY ONE HAS A DREAM IN HIS LIFE IF THERE IS NO DREAM THERE IS NO LIFE OR SUCCESS.
Sridhar,Development Officer CLUB MEMBERSHIP Rules & Regulations.
AN EXCELLENT OPPORTUNITY. YOUR DREAMS Best CLOTHS Best CAR Best HOUSE Best MOBILE.
Welcome you To the profession of LIFE INSURANCE ADVISOR of LIFE INSURANCE CORPORATION OF INDIA IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION LIFE INSURNACE.
PEPIN ESAW, Sr.BUSINESS ASSOCIATE
LIC AGENCY for Life Long Income to YOU & Your Family
Chase Your Desire Human Can Do Anything
CAREER OPPORTUNITY With LIC OF INDIA.
LIC AGENCY AS A PROFESSION.
Common man's Entrepreneurship
LIFE INSURNACE CORPORATION OF INDIA LIFE INSURANCE ADVISOR
Presentation transcript:

INCOME Active / Temporary IncomePassive / Permanent Income Job Royalty ProfessionRent BusinessInterest Renewal Commission PRIYA RANJAN ROUTRAY DEVELOPMENT OFFICER, MOB

ProfessionDegreeInvestmentTimeWorkplace Doctor C.A. Lawyer Engineer LIC Agent X X X X √ √ √ √ √ √ √ √ √√ √ √ √ √ √ √ COMPARISION PRIYA RANJAN ROUTRAY DEVELOPMENT OFFICER, MOB

Central Govt. EmployeeLIC CM Club Member Agent SalaryCommission PensionRenewal + Pension Gratuity L. T. C. 2 Wheeler Loan4 Wheeler (Car) Advance Office Allowance × Office Allowance Housing Loan Festival Advance Mediclaim Telephone Facility 10am-6pm OFFICE JOBOWN BOSS COMPARISION PRIYA RANJAN ROUTRAY DEVELOPMENT OFFICER, MOB

Advantages over other professions Start business of your own without Capital Investment. Freedom to set your own working hours. To be in a business that gets easier & less demanding as you grow old, compared to mounting pressures encountered in other businesses. No Compulsory Retirement. Commitment + Time Devoted = Results PRIYA RANJAN ROUTRAY DEVELOPMENT OFFICER, MOB

LIC’s Insurance Advisory is the Highest Paid Profession in the World……

Busi ness in Crs Prm income YrYr Commission earned at the end of each year Magic of Renewal Commissions

THAT MEANS YEAR 1 st 2 nd 3 rd 4 th 5 th 6 th 7 th 8 th 9 th 10 th 11 th 12 th 13 th 14 th 15 th 16 th 17th 18th 19 th 20 th PREMIUM 10,000 2,00,000 % 35% 7.5% 5% 5%5%5% COMMISSION 3, Total Commission on 1 Policy 13,500

-I-If LIC agent works for 5 years, -A-As long as his policyholders pay renewal premiums, -H-He…. Later his Family Members will receive the renewal commission. (ERC & HRC) Own Pension:

Attractive Commission Rates On any standard policy you shall be paid commission as per the following rates: Upto 25% of 1 st year 40% Bonus Commission on the 1 st year commission. Upto 7.5% of 2 nd & 3 rd year premium. Upto 5% thereafter till the policy continues. Every time a Policyholder pays his instalment Premium, the Agent receives his Commission

Only 20% of total agency force are working in a professional capacity. These 20% account for more than 80% of total Life Insurance Business. Be “one” among the “PROFESSIONALS” And earn your fortune 80% 20% 20% Professionals Agents 80% Business PRIYA RANJAN ROUTRAY DEVELOPMENT OFFICER, MOB

This is the only profession where you are entitled for GRATUITY (Proportionate to your Commission earned) after completion of 15 years continuous agency or attaining age 60 years which ever is later, even though you are not an Employee of the Corporation PRIYA RANJAN ROUTRAY DEVELOPMENT OFFICER, MOB

PEOPLE SAVE IN BANKS GET 7.25 %INTEREST OTHERS WILL SAVE FOR THEM SELVES YOU GET 6% ON IT PRIYA RANJAN ROUTRAY DEVELOPMENT OFFICER, MOB

An Agent will get International Recognition by Qualifying for MDRT(Million Dollar Round Table) First Year Commission Rs. 7.6 Lacs COT(Court of the Table) First Year Commission Rs Lacs TOT(Top of the Tale) First Year commission Rs Lacs By getting qualified in any of the above category you Become a PROUD INDIAN to get RECOGNISED INTERNATIONALLY & thus bring in pride to OUR COUNTRY PRIYA RANJAN ROUTRAY DEVELOPMENT OFFICER, MOB

Distinguished Club Membership Branch Manager’s Club Membership Divisional Manager’s Club Membership Zonal Manager’s Club Membership Chairman’s Club Membership Corporate Club Membership Your path to the Top Club membership is a recognition given for outstanding performances by an advisor PRIYA RANJAN ROUTRAY DEVELOPMENT OFFICER, MOB

A Dream HouseA Dream Car Own Office Higher Education (Self / Children)

Benefits of Club Membership  Advance for 2/4 wheelers  Computer Advance  Furniture Advance  Festival Advance  Office Allowance  Travelling facility Air fair/Railway fare  Tour Allowance  Housing Loan at subsidized rate of Interest  Advance for Daughter’s marriage  Telephone facility  Group Insurance  Mediclaim policy  Guest House facility  Authority for MHR  Visiting Cards, Letter Heads, Envelopment

13/7 Bomb Blast None of the Insurance company come ahead and settled the claims to the Victims family…. Except LIC LIC has settled death claims within a week.

In India only 26% of Insurable Population is insured till date. Remaining 74% of Insurable population is yet to be insured. There is a huge untapped market to explore. Scope

Growth Opportunities Life Insurance Market in India is projected to grow from Rs. 1,09,000 Crores to Rs. 2,60,000/- crores within 5 years time Rs. 1,09,000 Amount in Crores. Rs. 2,60,000 Growth will be doubled in next 5 years.

Public Relations can be developed –M–Many of our LIC Agents have become Local Leaders, MLAs, MPs PRIYA RANJAN ROUTRAY DEVELOPMENT OFFICER, MOB

100% white money –A–All the Commission is taxable income. –A–Agents submit I.T. returns every year –I–Income Tax will be deducted at source.

People from all walks of life have entered this profession There are:- Doctors Engineers Chartered Accountants Share Brokers Lawyers Film Personalities Chief Executive Officer’s Businessman Housewives Students & many others…

Ask these people…. Ritu Nanda Dipti BhatnagarAbhishek Bachhan Ragini Yadav