become an lic agent in mumbai - virar -

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LIC Welcomes You to the World of Opportunities atul.v.parab@gmail .com 9920-377-655 / 922-147-9230 www.careerwithlic.com

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Become an Insurance Professional with India's Leading Insurance Co., i.e. LIC of India, Criteria : HSC Passed

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Page 1: Become an LIC Agent in Mumbai - Virar -

LIC WelcomesYou to the World of

Opportunities

[email protected]

9920-377-655 / 922-147-9230

www.careerwithlic.com

Page 2: Become an LIC Agent in Mumbai - Virar -

Goals Of a

Successful Person

[email protected]

9920-377-655 / 922-147-9230

Page 3: Become an LIC Agent in Mumbai - Virar -

A Dream House

A Dream Car

Own OfficeHigher Education(Self / Children)

[email protected]

9920-377-655 / 922-147-9230

Page 4: Become an LIC Agent in Mumbai - Virar -

World Tour

Plane Travel

Luxurious Life

[email protected]

9920-377-655 / 922-147-9230

Page 5: Become an LIC Agent in Mumbai - Virar -

[email protected]

9920-377-655 / 922-147-9230

Insurance Sector

in India

Page 6: Become an LIC Agent in Mumbai - Virar -

[email protected]

9920-377-655 / 922-147-9230

Insurance Sector in India

Insurance sector playing an important role in Indian Economy

It provides funds for Development activities like Infrastructure, Power, Agriculture, Education, etc.

23 Insurance Companies – Public Ltd – LIC Private Co. – 23

30 Lacs Insurance Advisors – LIC – 14 Lacs Private – 16 Lacs (23

companies)

Page 7: Become an LIC Agent in Mumbai - Virar -

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.

2011 - 12

2016 -17

Rs. 1,09,000

Amount in Crores.

Rs. 2,60,000

Growth will be doubled in next 5 years.

[email protected]

9920-377-655 / 922-147-9230

Page 8: Become an LIC Agent in Mumbai - Virar -

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.

26%

74%

Insurable Population

Insured

Not InsuredScop

e

[email protected]

9920-377-655 / 922-147-9230

Page 9: Become an LIC Agent in Mumbai - Virar -

Only 20% of total agency force are working in a Professional Capacity. These 20% accounts for more than 80% of total Life Insurance Business.

Be “One” among the “Professionals” and earn your fortune.

[email protected]

9920-377-655 / 922-147-9230

Page 10: Become an LIC Agent in Mumbai - Virar -

LifeInsurance

CorporationOf India

[email protected]

9920-377-655 / 922-147-9230

Page 11: Become an LIC Agent in Mumbai - Virar -

Li fe Insurance Corporat ion Of India

[email protected]

9920-377-655 / 922-147-9230

Established on 1st Sept. 1956

Govt. own Life Insurance Company

Govt. Sovereign Guarantee

2048 Branches

1050 Satellite Branches

More than 27 Crores policyholders

More than 50 Products

Best Claim Settlement ratio

Page 12: Become an LIC Agent in Mumbai - Virar -

CNBC Awaz Consumer

Award

ET Brand Equity Award for Top

Brand in Insurance Category

Outlook Money Award for Best

Life Insurer

AIMA High Performance

AwardReaders

Digest Trusted Brand

Global Youth Marketing Award

for Most preferred Life Insurance

Company

Power Brand Award

Golden Peacock Award for Corporate

Governance

Shoppers & Consumers

Insight Award

MY FM Stars of Industry Award for Excellence

in Life Insurance

[email protected]

9920-377-655 / 922-147-9230

Page 13: Become an LIC Agent in Mumbai - Virar -

How LIC will help you for your

Growth & Success?

[email protected]

9920-377-655 / 922-147-9230

Page 14: Become an LIC Agent in Mumbai - Virar -

People from all walks of life are working with LIC

as a Financial Advisor

Doctors Engineers Chartered

Accountants Company

Secretaries Lawyers Celebrities –

Bollywood CEO

Share Broker Estate Agents Businessmen Housewives Students Artists & many

others

[email protected]

9920-377-655 / 922-147-9230

Page 15: Become an LIC Agent in Mumbai - Virar -

Career as A Financial

Advisorin

[email protected]

9920-377-655 / 922-147-9230

Page 16: Become an LIC Agent in Mumbai - Virar -

Ask these people….

Ritu Nanda

Dipti Bhatnagar Abhishek

Bachhan

Ragini Yadav

[email protected]

9920-377-655 / 922-147-9230

Page 17: Become an LIC Agent in Mumbai - Virar -

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

[email protected]

9920-377-655 / 922-147-9230

Page 18: Become an LIC Agent in Mumbai - Virar -

Benefits High Paying & Rewarding

Career

Prestigious Profession

Own Business – An Entrepreneur

No Investment

No time restrictions – Freedom (Part / Full Time)

No income limit

To fulfill dreams

Continuous Income

Professional Training

Personality Development Programs

Working with

Big & Best Brand

Retirement Solution

Hereditary Commission

Gratuity

Mediclaim

Term Insurance

Club Membership

Advances for 2 / 4 wheelers

Advances for Computers / Laptops

Home Loans at Subsidies Interest rates

Social Service

[email protected]

9920-377-655 / 922-147-9230

Page 19: Become an LIC Agent in Mumbai - Virar -

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

[email protected]

9920-377-655 / 922-147-9230

Page 20: Become an LIC Agent in Mumbai - Virar -

Awards & Rewards – Club Membership MDRT (Million Dollar Round Table) – Rs.

8.19 Lacs

COT (Court of the Table) – Rs. 24.56 Lacs

TOT (Top of the Table) – Rs. 49.12 Lacs

TOT

Top of the Table

COT

Court of the Table

[email protected]

9920-377-655 / 922-147-9230

Page 21: Become an LIC Agent in Mumbai - Virar -

Distinguished Club

Membership

Branch Manager’s Club

Membership

Divisional Manager’s Club

Membership

Zonal Manager’s Club

Membership

Chairman’s Club

Membership

Corporate Club

MembershipYour path to

the

Top

Club membership is a recognition given for outstanding performances by an

advisor

[email protected]

9920-377-655 / 922-147-9230

Page 22: Become an LIC Agent in Mumbai - Virar -

Earning Opportunities

[email protected]

9920-377-655 / 922-147-9230

Page 23: Become an LIC Agent in Mumbai - Virar -

Magic of Renewal Commissions

Year

Business In

Crores

Premium

Income

Commission (Amt. in Lacs)

1 1 10

3.50

0.75

0.75 0.50

0.50

0.50

0.50

0.50

0.50

0.50

2 2 15  

5.25

1.13 1.13

0.75

0.75

0.75

0.75

0.75

0.75

3 3 20    

7.00 1.50

1.50

1.00

1.00

1.00

1.00

1.00

4 4 25       8.75

1.88

1.25

1.25

1.25

1.25

1.25

5 5 30        

10.50 2.25

2.25

1.50

1.50

1.50

6 6 35          

12.25 2.63

2.63

1.75

1.75

7 7 40            

14.00 3.00

3.00

2.00

8 8 45              

15.75 3.38

3.38

9 9 50                

17.50 3.75

10 10 100                  

35.00

3.50

6.00

8.88

11.88

15.13

18.00

22.38

26.38

30.63

50.88

[email protected]

9920-377-655 / 922-147-9230

Page 24: Become an LIC Agent in Mumbai - Virar -

Success Stories

Business Figures of Successful Financial Advisors

Name Commission

Rachna Jindal 7 Cr.

V. D. Jain 6 Cr.

Ritu Nanda 4.8 Cr.

Amit Agarwal 4.5 Cr.

Anshu Srivastav 4.3 Cr.

[email protected]

9920-377-655 / 922-147-9230

Page 25: Become an LIC Agent in Mumbai - Virar -

Success Stories

Star Financial Advisors of LIC

Name Commission

Bhushan Limaye 1.20 Cr.

Hitesh Maniar 1 Cr.

K. H. Chaudhari 40 Lacs

Peter Dantas 36 Lacs

Neha Palande 25 Lacs

[email protected]

9920-377-655 / 922-147-9230

Page 26: Become an LIC Agent in Mumbai - Virar -

How to become an LIC’s Financial

Advisor?

Requirements ?Procedure ?

Duration ?

[email protected]

9920-377-655 / 922-147-9230

Page 27: Become an LIC Agent in Mumbai - Virar -

Eligibility :-1. HSC / XII passed (10 + 2)2. Minimum age 18 years

Qualities :-1. Positive Attitude2. Dare to Dream Big3. Thirst for Knowledge4. Effective Listening Skill5. Build or Maintain Relationship6. Willingness to Share7. Patience

[email protected]

9920-377-655 / 922-147-9230

Page 28: Become an LIC Agent in Mumbai - Virar -

Documents required3 Passport size photographs (with White Background)

Educational Proof :-1. SSC / 10th passed Mark sheet / Certificate 2. HSC / 12th passed Mark sheet / Certificate3. Bachelor Mark sheet / Degree Certificate (If Graduate)

Age Proof :- (Any One)1. School Leaving Certificate2. Pan Card3. Passport4. Driving License

Address Proof :- (Any One)1. Ration Card2. Passport3. Driving License4. Bank Statement5. Electricity Bill6. Telephone Bill7. Voter ID

[email protected]

9920-377-655 / 922-147-9230

Page 29: Become an LIC Agent in Mumbai - Virar -

Procedure :-

IRDA :-1. Registration - URN2. 50 hrs Online Training3. 1 hr Online Examination 4. IRDA issues License to Successful candidate

LIC :-1. Interview with Branch Manager2. Agency Code allotment

IRDA – Insurance Regulatory & Development AuthorityI.I.I. – Insurance Institute Of India

[email protected]

9920-377-655 / 922-147-9230

Page 30: Become an LIC Agent in Mumbai - Virar -

Registration & Fees

[email protected]

9920-377-655 / 922-147-9230

www.careerwithlic.com

9920 377 6559702 656 255922 147 9230

Page 31: Become an LIC Agent in Mumbai - Virar -
Page 32: Become an LIC Agent in Mumbai - Virar -

[email protected]

9920-377-655 / 922-147-9230