join as a lic agent

25
Conrad Pinto 1 Thank you very much for giving me the opportunity to present to you a Wonderful Career as a Life Insuranc e Professi onal

Upload: conrad-pinto

Post on 16-Apr-2017

13.476 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Join as a LIC Agent

Conrad Pinto 1

Thank you very much for giving me the opportunity to present to

you a Wonderful Career as a

Life Insurance

Professional

Page 2: Join as a LIC Agent

Conrad Pinto 2

Life Insurance Agency is considered today as

the highest paid hard work in the world.

Page 3: Join as a LIC Agent

Conrad Pinto 3

People have entered this profession from all walks of life.

There have been Doctors, Engineers, Chartered Accountants, Lawyers,

Business-persons, Employed, Housewives, Students and many others who have made good by coming to this

profession.

Page 4: Join as a LIC Agent

Conrad Pinto 4

A Life Insurance Agent renders a Social Service to not only the families that he/she covers but

he/she generates funds for

Nation Building Activities

Page 5: Join as a LIC Agent

Conrad Pinto 5

• The brand name LIC is today a household name which commands the trust and confidence of the common man.

• LIC has 2048 branches covering every nook and corner of our vast nation.

Page 6: Join as a LIC Agent

Conrad Pinto 6

LIC’s Achievements

• Largest Insurance Company in the World servicing more than 25 crore policyholders. (Only 4 countries in this world are bigger than LIC).• Company having the Highest Net Worth in India.• Having an asset base of Rs. 8,50,000 crores.• Settles 3 claims every 2 seconds.• Lowest Outstanding Claim ratio of 0.7%• Largest number of Claims settled in the World

Page 7: Join as a LIC Agent

Conrad Pinto 7

Excellent New Product called

•Buy a policy of Rs. 10,00,000/- for 20 years by paying only Rs. 48,220/- per year.

Benefits:After 21 years you get Rs.1,20,000/- every year as long as you livePlus In the event of your death your family gets more than Rs.20,00,000/-.This product is also available for Higher as well as Lower Budgets

Page 8: Join as a LIC Agent

Conrad Pinto 8

Under Section 37 of the Life Insurance Corporation of India Act 1956: the sums

assured by all policies issued by the Corporation including

any bonuses declared in respect thereof shall be guaranteed as

to payment in cash by the Central Government.

No other financial organisation in the India enjoys such a Guarantee

Page 9: Join as a LIC Agent

Conrad Pinto 9

What are the minimum qualifications you need to have?

You should have passed the Standard XII examination in the 10 + 2 system and you

should have completed 18 years of age.

Page 10: Join as a LIC Agent

Conrad Pinto 10

What are the qualities you should possess?

• Thirst for Knowledge• Quest for Self-improvement• Willingness to Share• Eagerness to build Relationships• Power to accept Rejections

Page 11: Join as a LIC Agent

Conrad Pinto 11

The Procedure to become a Life Insurance Agent

As per the guidelines issued by the I.R.D.A. any person aspiring to take up Life Insurance Agency has to undergo formal training for a period of 50 hours i.e. 8 to 9 days (training can also be done

online from home) after which the person can appear for an examination conducted by the

Insurance Institute of India. On successfully passing this examination a License shall be

issued by the I.R.D.A.

Page 12: Join as a LIC Agent

Conrad Pinto 12

Benefits of Training

• Training is subsidised • You are Certified by Insurance Institute of India• Thorough Knowledge of Products• Very Effective Marketing Ideas• Gives a Professional Focus

Page 13: Join as a LIC Agent

Conrad Pinto 13

How do you start ?As a thoroughly trained person you

are now ready to begin meeting people. However due to your inexperience you may need

supervisory support. For this reason a Development Officer shall

accompany you for the first few meetings with your prospects.

Page 14: Join as a LIC Agent

Conrad Pinto 14

How much time should one devote to this business?

Life Insurance Agency can be done on part-time or full-time basis.

Most persons start as part-timers and some end up as full-timers.

The more the time that you devote the more shall be the benefits.

Page 15: Join as a LIC Agent

Conrad Pinto 15

How much can one earn from this business?

The Sky is the Limit.

There is no restriction to the amount of money that one can earn.

Page 16: Join as a LIC Agent

Conrad Pinto 16

I now present to you the profiles of some Highly Successful

Life Insurance Agents.

Page 17: Join as a LIC Agent

Conrad Pinto 17

Case Study No. 1

Income per annummore than Rs. 1 Crore

• Consistant Performer from Nagpur.

• Member of the Top of the Million Dollar Round Table.

Page 18: Join as a LIC Agent

Conrad Pinto 18

Case Study No. 2

• Qualified Chartered Accountant who left his profession to be a full-time Life Insurance Agent.

• Court of the Table qualifier of the Million Dollar Round Table since 1998.

Income per annum more than Rs. 60 lakhs

Page 19: Join as a LIC Agent

Conrad Pinto 19

Commission Rates

• 35% of 1st year premium installments

• 7.5% of 2nd & 3rd year installments

• 5% of every year till maturity of the policy

On any standard policy that you procure you shall be paid the following Commission Rates :

Every time a policyholder pays his premium installment, the agent receives his commission.

Page 20: Join as a LIC Agent

Conrad Pinto 20

As years pass by the Renewal Commissions start building up thereby assuring you a pension for the next 20 to 25 years.

You create your own Pension

Page 21: Join as a LIC Agent

Conrad Pinto 21

Club Membership

• Distinguished Club Membership• Branch Manager’s Club Membership• Divisional Manager’s Club Membership• Zonal Manager’s Club Membership• Chairman’s Club Membership

is recognition given for outstanding performances by agents

Page 22: Join as a LIC Agent

Conrad Pinto 22

Fringe Benefits to Club Members

• Advance for 2 wheeler or 4 wheeler

• Advance for purchase of personal computer, furniture, telephone, etc.

• Housing loan• Reimbursement of

expenses on stationery, office and sales promotion

Page 23: Join as a LIC Agent

Conrad Pinto 23

The Future !!!!• See yourself as a full

fledged business-person having your own office and staff.

• This will earn you great respect in society.

Page 24: Join as a LIC Agent

Conrad Pinto 24

Another Option !!!

You can rise up the LIC ladder by applying to

become a Development Officer

for which you shall be given preference if you are already a Performing Life Insurance Agent

Page 25: Join as a LIC Agent

Conrad Pinto 25

Would you like to take advantage

of this Wonderful Opportunity?????

For enquiries contact:Mr. C. D. Pinto Life Insurance Corporation of IndiaDevelopment Officer Branch 938, Prasad, 147/A, Gokhale Rd. (N),

Dadar (W), Mumbai 400028

Office: 24371104, 24303242, 24303243, 24374345, 24228935Residence: 28959126 Cellphone: 9867642888 e-mail: [email protected]