LIFE INSURNACE CORPORATION OF INDIA
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LIFE INSURNACE CORPORATION OF INDIA. 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 Insurance Agency is considered as the highest paid Profession in the world.

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LIFE INSURNACE CORPORATION OF INDIA

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 Insurance Agency is considered as the highest paid Profession in the world.

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Earning Opportunities Profession in the world.

There is no restriction on the amount of

Money that one can earn

Even sky is not the limit

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Advantages over Other professions Profession in the world.

  • 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.

  • Noble profession opens doors for social service

  • Within a short span of time standard of living could be improved.

  • A tool in Nation building activities as money mobilised is used for people’s welfare.

Commitment + Time Devoted = Results

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


In India only 26% of Insurable population is insured till date.

74%

Balance 74% of population is yetto be insured.

26%

Bala

There is a vast untapped market to explore

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


  • Only date.20% of total agency force are working in a

    professional capacity.

  • These 20% account for more than 80% of total

    Life Insurance Business.

80%

20%

Be “ONE” among the

“PROFESSIONALS”

And earn your fortune

20% Professional agents

80% Business

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Growth Opportunities date.

Life Insurance Market In India is projected to grow from ` 1,09,000/- crores to `2,60,000/- crores within

5 years time.

Be a part of this Growing Industry.

Be a part of

LIFE INSURANCE CORPORATION OF INDIA

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


People from all walks of life have entered this profession date.

There are:

  • Doctors

  • Engineers

  • Chartered Accountants

  • Share brokers

  • Lawyers

  • Film personalities

  • CEOs

  • Businessmen

  • Housewives

  • Students & many more

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Just ask your self …… if….. date.

  • Smt..Ritu Nandu (Raj Kapoor’s Daughter)

  • Sri.Abhishek Bachan ( Cine artist)

  • Smt.Ragini Yadav (Daughter of Lalu Prasad Yadav)

  • Sri.Sri O Madhavan (F/o. Mukesh)

  • Sri C K Padmanabhan ( Politician)

  • Sri.A.K.Antony

Were or are agents of this Corporation then

What about you?

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


SUPPORT FROM OUTSIDE date.

  • We will provide you with world class training and support you need to make your carrier a success.

  • Regular counseling & monitoring.

  • Strong back Office support.

  • 50 powerful products to cater to the needs of every individual.

  • Encouragements through various Competitions & Rewards.

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Attractive Commission Rates date.

On any standard policy you shall be paid attractive commissions

On the premium you get.

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Magic of Renewal Commission date.

CASH JUST FLOWS


You earn your own Pension date.

As years pass, the Renewal Commission starts building up

thereby assuring you a pension for the next 20 to 25 years &

for your generations to come.

Also Svavalamban & Samvardhan Schemes are available.

WE

INSURE

and also

ASSURE

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


This is the only profession where you are entitled fo date.r

GRATUITY

(Proportionate to your commission earned) if

He has continuously worked as an Agent for 15 or more Qualifying Years or attained 60 years of age whichever is later

Maximum amount of Gratuity admissible is ` 2,00,000/-

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Club Membership date.

Club membership is the recognition given for outstanding performance to agents.

Your path to the TOP

Corporate Club

Chairman’s club

Zonal Manager’s Club

Divisional Manager’s club

Branch Manager’s club

Distinguished club

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Fringe Benefits of date.

Club Membership

  • Interest free advance for 2 wheeler and 4 wheelers.

  • Interest free advance for purchase of Personal Computer, Laptop, Furniture etc.

  • Housing loan @ 5% p.a

  • Free term Insurance up to 1.5 lacs & 50% concession on group medi claim.

  • Reimbursement of expenses on stationery , Office, Sales promotion & Gift items.

  • And many more. Career path DO etc.

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


An Agent will get International Recognition by Qualifying for

MDRT ( Million Dollar Round Table)

Qualifying Conditions

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Benefits by qualifying for for MDRT

  • Enhancement of selling skills

  • Increase in production directly resulting in more commission

  • Development of leadership qualities

  • Sense of achievement

  • Recognition as top performers

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Qualities you need to possess for

  • Strong determination, Self confidence

  • Good communication skills

  • Willingness to share

  • Thirst for Knowledge

  • Quest for Self-Improvement

  • Eagerness to build relationships

  • Power to grab opportunities

  • Time Management

  • Hard working

  • Positive attitude, Consistency & Perseverance

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Your Role for

  • To Identify Various Customer needs

  • Suggest Suitable Life Insurance Plans from 50 powerful plans to satisfy those Needs.

  • Encourage them to buy products

  • PROVIDE EFFICIENT AFTER SALES SERVICE.

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


There for

There are only 4 Countries* in the world whose population is larger than LIC’s Customer Base

*LIC has more than 30 crores Customers; only China, USA, Indonesia and of course, India have population of more than 30 crores

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


All India Performance as at 31.3.2012 for

LIC settles 64800 Claims every day ie., 3 Claims per second

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Policies to be guaranteed by Central Government for

Section 37 of Life Insurance Corporation Act 1956

The Sum 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.

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Our Organisational Strength for

Central Office

EAST

(Kolkata)

N.EAST

(PATNA)

WEST

(MUMBAI)

NORTH

(DELHI)

SOUTH

(CHENNAI)

CENTRAL

(BHOPAL)

N.CENTRAL

(KANPUR)

S.CENTRAL

HYDERABAD

ALL INDIA

ZONES : 8 DIVISIONS : 113 BRANCHES : 2048 SATELLITE OFFICES : 1202

STAFF : More than 1.19 lakhs AGENTS: 12.78 lakhs

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


We are No.1 in Company in India for

For generating the highest amount of

Net profit (Surplus) in India

For being the highest Net worth in India

We are 2nd largest I.T. user Company in India

LIC – The Pride of India

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


LIC has crossed for

12,00,000 Crores Life Fund

LIC’S Growth Chart

Source : LIC Balance Sheet

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


We are No.1 in World for

  • Highest number of Policies sold in a year

  • Number of claims settled in a year

  • To service Highest number of Policies –

  • (Including Group Policies)

  • More than 39 Crores

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Nation Building Activities of LIC for

A Life Insurance Agent renders a Social Service to the

families as well as generates funds for ……….

LIC’s INVESTMENT AS AT 31.3.2012

Some Highlights(` in crores)

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Be Proud to be associated with the only for

Insurance Company

with Maximum Awards

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Be Proud to be associated with the only for

Insurance Company

with Maximum Awards

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Be Proud to be associated with the only for

Insurance Company

with Maximum Awards

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Performance Results of Life Insurance Companies (First Year Premium)

2011-2012

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Performance Results of Life Insurance Premium)

Companies (Number of Policies)

2011-2012

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Sri D K Mehrotra , Chairman of LIC Of India handing over a cheque for ` 1137,99,41,404 – the dividend by LIC for the Fin. year 2010-11 to the Union Government.

LIC generated a surplus of ` 25624.58 Cr. For the Fin.Year 2011-12. Share to Govt .` 1281.23 Cr., Bonus to Policy Holders ` 24343.35 Crores.

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Performance of LIC cheque for vs Private Insurers

The cumulative losses of the Life Insurance industry as at 31st March,2011 stood at ` 20,569 crores

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


INDIVIDUAL DEATH CLAIMS : cheque for

LIFE INSURERS (2010-11)

(Figures in per cent of Policies)

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


The procedure to become a Life Insurance Agent cheque for

  • Minimum Age : 18 Yrs.

  • Qualification :

  • 12th Pass ( Where population is >5000 ) ,

  • 10th pass ( where population is below 5000)

  • Formal training for a period of 50 hours.

  • Qualifying in the examination conducted by Insurance Institute of India.

  • Field training by Development Officer.

  • Personal Interview

  • Issue of Licence by IRDA.

50 hrs

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Training & its Benefits cheque for

  • Effective selling skills.

  • Innovative marketing strategies.

  • Customised training

  • Goal Oriented approach.

  • Through knowledge of products.

  • Enhanced professionalism

  • Ability to build long term Customer Relations.

  • Certificate issued by the Insurance Institute of India.

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


Coming cheque for ………. ..Working……Staying

Working together in progress

Staying together is Success

Coming together is beginning

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


TEAM WORK cheque for

TOGETHER

EACH ONE OF US

ACHIEVE MORE

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


PROCESS cheque for

  • You need to undergo 50 hours IRDA prescribed online training

  • - costs 500/-

  • You need to pass IRDA Online test-objective multiple choice

  • type, 1 hour duration. 50% is the minimum pass marks

  • required- u need to pay 350 online while scheduling the test

  • IRDA licensing after passing the test. DD for 250/-

  • The entire process takes 2 to 4 weeks time and total

  • investment would be 1100/-

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


THANK YOU cheque for

Contact: Ajay Gupta

Development Officer, LIC of India.

Mobile:9845136164

Website: www.licajaygupta.com

IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION


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