1 / 16

INSURANCE IN INDIA

INSURANCE IN INDIA. Insurance started in India with LIC in the Year of 1956. Indian Govt target was to get whole India insured. LIC could cover only 10% to 15% till 2001. Indian Govt Established an Insurance Regulatory Development Authority (IRDA) in 2001 &

bjorn
Download Presentation

INSURANCE IN INDIA

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. INSURANCEININDIA • Insurance started in India with LIC in the Year of 1956 • Indian Govt target was to get whole India insured • LIC could cover only 10% to 15% till 2001 • Indian Govt Established an Insurance Regulatory Development • Authority (IRDA) in 2001 • & • It has opened Insurance Sector for Private Companies .

  2. PRIVATECOMPANIESININSURANCE • 22 - 23 Insurance Companies came between 2001-2005 • PVT. companies have covered approx 35% to 40% of • Insurance Business • The survey of LIC on ‘How these PVT. companies work?’ & alsochange its way to sale! .

  3. OLDWORKINGSYSTEMOFLIC NEWWORKINGSYSTEMOFLIC CORP. AGENTS AGENTS AGENTS GROUPS BANKS CUSTOMER CUSTOMER PDI GROUP . CUSTOMER CUSTOMER

  4. ASSOCIATEPARTNERS ASSOCIATE PARTNERS .

  5. AGROUPOFPROFITSHARING WE ARE SHARING OUR PROFIT WITH OUR MEMBERS EXECUTIVES SALES MANAGERS SR. SALES MANAGERS BRANCH MANAGERS .

  6. SHARINGPROFITWITHMEMBERSOF • MONEY TREE • MINI MONEY TREE • MONEY PLANT .

  7. MONEYTREEINCOMES LEVEL 1 Rs. 1050 LEVEL 2 Rs. 1100 LEVEL 3 Rs. 1200 LEVEL 4 Rs. 1400 LEVEL 5 Rs. 1800 LEVEL 6 Rs. 2600 LEVEL 7 Rs. 4200 LEVEL 8 Rs. 7400 LEVEL 9 Rs. 13800 LEVEL 10 Rs. 26600 LEVEL 11 Rs. 52200 LEVEL 12 Rs. 103400 . LEVEL 13 Rs. 205800 LEVEL 14 Rs. 410600 LEVEL 15 Rs. 8,20,200 TOTAL INCOME Rs. 16,53,350

  8. MINIMONEYTREEINCOMES LEVEL 1 Rs. 500 LEVEL 2 Rs. 550 LEVEL 3 Rs. 600 LEVEL 4 Rs. 700 LEVEL 5 Rs. 900 LEVEL 6 Rs. 1000 LEVEL 7 Rs. 1250 LEVEL 8 Rs. 2500 LEVEL 9 Rs. 5000 LEVEL 10 Rs. 12000 LEVEL 11 Rs. 25000 LEVEL 12 Rs. 50000 . LEVEL 13 Rs. 100000 . LEVEL 14 NIL LEVEL 15 NIL TOTAL INCOME Rs. 2,00,000

  9. MONEYPLANTINCOMES LEVEL 1 Rs. 250 LEVEL 2 Rs. 300 LEVEL 3 Rs. 400 LEVEL 4 Rs. 450 LEVEL 5 Rs. 600 LEVEL 6 Rs. 900 LEVEL 7 Rs. 1100 LEVEL 8 Rs. 2500 LEVEL 9 Rs. 4000 LEVEL 10 Rs. 7500 LEVEL 11 Rs. 12000 LEVEL 12 Rs. 20000 . LEVEL 13 Rs. 50000 . LEVEL 14 NIL LEVEL 15 NIL TOTAL INCOME Rs. 1,00,000

  10. MEMBERSHIPTERMS • 5K TO 20K PREMIUM (REGULAR) POLICY • MEMBERSHIP FEE 200 - 450 (ONCE) • TWO REFREENCES ONLY .

  11. SALESEXECUTIVE TIME PERIOD 6 MONTHS FEE: Rs. 1000/- GOLES:- SALES ONLY FIVE MEMBERSHIP 5 X 10000 = 50,000/- PREMIUM EARN 10% OF COLLECTED PREMIUM i.e. Rs.50000/- TOTAL INCOME EARN = Rs 5000/- (GET FREE 2 LAC PERSONAL ACCENTIALINSURANCE)

  12. SALESMANAGER (PERIOD 12 MONTHS) GOLES:- MAKE YOUR OWN SALES EXECUITVES TEAM INCOMES:- PER SALES EXECUTIVES INCOME 1500.00 NO. OF EXECUITVE RUNS PER EXECUTIVE INCOME INCOME 10 1500 15000.00 20 1500 30000.00 30 1500 45000.00 40 1500 60000.00 50 1500 75000.00 . GET FREE MINI MONEY TREE ID (INCOME 2 LAC)

  13. SR. SALES MANAGER (PERIOD 12 MONTHS) GOLES:- SET YOUR OWN SALES EXECUITVES TEAM INCOMES:- PER SALES EXECUTIVES INCOME 2000.00 NO. OF EXECUITVE RUNS PER EXECUTIVE INCOME INCOME 60 2000 95000.00 70 2000 115000.00 80 2000 135000.00 90 2000 155000.00 100 2000 175000.00 . GET FREE MONEY TREE ID (INCOME 16 LAC)

  14. BRANCHMANAGER • FIXED SALARY Rs. 20,000 + INCENTIVE • MINI MONEY TREE WILL BE CONTINUE • MONEY TREE PLAN WILL BE CONTINUE

  15. PROFIT SHARING • SYSTEM • FUTURE SECURE • ONLINE TRACKING • SYSTEM • WORK WITH FULL FREDOM • WORK FAST AND GET FAST • MONTHLY PAYMENT • SYSTEM • NOMINATION • FACILITY • EXPERTS’ ASSISTENCE .

  16. THEN WHAT ARE YOU WAITING FOR DON’T WAIT FOR YO’ SHIP TO COME IN……… ROW OUT TO MEET IT! .

More Related