5. 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.
7. CNBC Awaz
Consumer
Award
ET Brand Equity
Award for Top Brand
in Insurance Category
Outlook Money
Award for Best Life
Insurer
AIMA High
Performance Award
Readers 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
9. THESE PEOPLE JOIN
LIC AS AGENT Ask these people….
Ritu Nanda
Dipti Bhatnagar
Abhishek Bachhan
Ragini Yadav
10. People from all walks of life are
working with LIC as
An Insurance Agent
Doctors
Engineers
Chartered Accountants
Company Secretaries
Lawyers
Celebrities – Bollywood
CEO
Share Broker
Estate Agents
Businessmen
Housewives
Students
Artists
& many others
12. 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
13. Awards & Rewards – Club Membership
MDRT (Million Dollar Round Table) – Rs. 7.89 Lacs
COT (Court of the Table) – Rs. 22.8 Lacs
TOT (Top of the Table) – Rs. 45.6 Lacs
TOT
Top of the Table
COT
Court of the Table
14. 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
Club membership is a recognition given for
outstanding performances by an advisor
15. 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
16. 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.
24%
76%
Insurable Population
Insured
Not Insured
Scope
17. 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.
18. 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.
21. Success Stories
Business Figures of Successful Agents
Name Commission
Rachna Jindal
72.61
Lacs/month
V. D. Jain
66.22
Lacs/month
Ritu Nanda
67.13
Lacs/month
Amit Agarwal
45.95
Lacs/month
Anshu Srivastav
41.77
Lacs/month
22. Central Govt. Employee LIC CM Club Member Agent
Salary Commission
Pension Renewal + Pension
Gratuity Gratuity
L. T. C. L. T. C.
2 Wheeler Loan 4 Wheeler (Car) Advance
Office Allowance × Office Allowance
Housing Loan Housing Loan
Festival Advance Festival Advance
Mediclaim Mediclaim
Telephone Facility Telephone Facility
10am-6pm OFFICE JOB OWN BOSS
COMPARISION
23. Profession Degree Investment Time Workplace
Doctor
C.A.
Lawyer
Engineer
LIC Agent
X X X X
√ √ √ √
√ √ √ √
√ √ √ √
√ √ √ √
COMPARISION
24. Time : Money
√ X 10% - Retired & Unemployed
X √ 5% - Professionals
X X 80% - Salaried People
√ √ 5% - Agents
25. INCOME
Active / Temporary Income Passive / Permanent Income
Job Royalty
Profession Rent
Business Interest
Renewal Commission
26. Eligibility :-
1. HSC / XII passed (10 + 2)
2. Minimum age 18 years
Qualities :-
1. Positive Attitude
2. Dare to Dream Big
3. Thirst for Knowledge
4. Effective Listening Skill
5. Build or Maintain Relationship
6. Willingness to Share
7. Patience
27. Documents required
3 Passport size photographs (with White Background)
Educational Proof :-
1. SSC / 10th passed Mark sheet / Certificate
2. HSC / 12th passed Mark sheet / Certificate
3. Bachelor Mark sheet / Degree Certificate (If Graduate)
Age Proof :- (Any One)
1. School Leaving Certificate
2. Pan Card
3. Passport
4. Driving License
Address Proof :- (Any One)
1. Ration Card
2. Passport
3. Driving License
4. Bank Statement
5. Electricity Bill
6. Telephone Bill
7. Voter ID
28. Procedure :-
IRDA :-
1. Registration - URN
2. 50 hrs Online / Offline Training
3. Online / Offline Examination (I. I. I.)
4. IRDA issues License to Successful candidate
LIC :-
1. Interview with Branch Manager
2. Agency Code allotment
IRDA – Insurance Regulatory & Development Authority
I.I.I. – Insurance Institute Of India
29. HiteshM Parmar
Development Officer
Life Insurance Corporation Of India
Mobile: 76000966
email-hiteshparmarlic@gmail.com,
Hiteshkuma.parmar@licindia.com
Website: www.joinlicagent.in