BE AN LIC AGENT SURAT. LIFE INSURANCE CORPORATION OF INDIA LIC SURAT HARIANI 8866230725

1. Enter the World of Unlimited
Earning Opportunity
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

2. Welcomes you
To the profession of
LIFE INSURANCE ADVISOR
of
LIFE INSURANCE CORPORATION OF INDIA
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
LIC OF INDIA

3. Life Insurance Agency is considered as the
highest paid Profession in the world.
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

4. Earning Opportunities
There is no limit of
Money that one can earn
Even sky is not the limit
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

5. Advantages over Other professions
 Business 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
mobilized is used for peoples’ welfare.
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Commitment + Time Devoted = Results

6. In India only 26% of Insurable
population is insured till date.
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
74%
26%Balance 74% of population
is yet to be insured.
There is a vast untapped
market to explore

7.  Only 20% of total agency force work in a
professional manner.
 These 20% account for more than 80% of total
Life Insurance Business.
80%80%
20%
20% Professional
agents
80% Business
Be “ONE” among the
“PROFESSIONALS”
And earn your fortune
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

8. Growth
Opportunities
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

9. People from all walks of life have
entered this profession
•Doctors
•Engineers
•Chartered Accountants
•Share brokers
•Lawyers
•Film personalities
•CEOs
•Businessmen
•Housewives
•Students & many more
There are:
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

10. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Just ask your self …… if…..
• 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
Why not you?

11. SUPPORT FROM OUTSIDE
 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

12. Attractive Commission Rates
On any standard policy you shall be paid commission as per the
following rates.
• Up to 25% of 1st
year
• 40% Bonus Commission on the 1st
year
commission
• Up to 7.5% of 2nd
& 3rd
year premium.
• Up to 5% thereafter till the policy continues.
Every time a
Policy Holder
pays his
installment
premium , the
Agent receives
his
commission
Every time a
Policy Holder
pays his
installment
premium , the
Agent receives
his
commission
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

13. Magic of Renewal Commission
Get a Policy of Rs.30/day for 7 Yrs & Get Rs. 1 Lakh / P. M. Lifetime
Yr Pre.
1000/MLY
1 2 3 4 5 6 7 8
1 3600000 1260000 270000 270000 180000 180000 180000 180000
2520000
2 3600000 1260000 270000 270000 180000 180000 180000
2340000
3 3600000 1260000 270000 270000 180000 180000
2160000
4 3600000 1260000 270000 270000 180000
1980000
5 3600000 1260000 270000 270000
1800000
6 3600000 1260000 270000
1530000
7 3600000 1260000
1260000
Total:
13590000

14. You earn your own Pension
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

15. This is the only profession where you are entitled for
GRATUITY
If you work continuously as an Agent for 15 or more Qualifying
Years or attained 60 years of age whichever is later, even
though you are not an employee of the Corporation
Maximum amount of Gratuity admissible is ` 2,00,000/-
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

16. Club Membership
Club membership is the recognition given
for outstanding performance to agents.
Distinguishe
d club
Branch
Manager’
s club
Divisional
Manager’s
club
Zonal
Manager’
s Club
Chairman’s
club
Corporate ClubYour path to the TOP
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
You can also become CLIA

17. Fringe Benefits of
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, CLIA etc.
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

18. An Agent will get International Recognition
by Qualifying for
MDRT ( Million Dollar Round Table)
Qualifying Conditions
Type of
Performance
MDRT Court of the
table
Top of the
table
Commission ` 8,18,600 ` 24,55,800 ` 49,11,600
First Year Prm. ` 32,74,400 ` 98,23,200 ` 1,96,46,400
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

19. Benefits by
Qualifying for
MDRT
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
 Enhancement of selling skills
 Increase in production directly resulting in
more commission
 Development of leadership qualities
 Sense of achievement
 Recognition as top performers

20. Qualities you need to
possess
♦ 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

21. 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.
Your Role
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

22. T
h
e
r
e
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

23. All India Performance
as at 31.3.2012
 Total Income : ` 2,87,315.38 crores
Total Premium Income : ` 2,02,802.90 crores
Total Life Fund : ` 12,83,990.72 crores
 Total Assets : ` 14,17,891.79 crores
 Total No. of Claims Paid : 185 lakhs
 Amount of Claims Paid : ` 66,022.82 crores
 93.34% of Maturity Claims are settled on or before
Date of maturity.
 O/s Claims Ratio (MC+ SB) : 0.5%
 O/s Deaths Claims Ratio : 1.22%
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
LIC settles 64800 Claims every day ie., 3 Claims per second

24. Policies to be guaranteed
by Central Government
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.
Section 37 of Life Insurance Corporation Act 1956
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

25. Our Organizational Strength
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

26. We are No.1 Company
in India
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

27. 385791
463147
572603
686616
809525
999518 1151201
1283990
'04-
05
'05-
06
'06-
07
'07-
08
'08-
09
'09-
10
'10-
11
'11-
12
Source : LIC Balance Sheet
LIC has crossed
12,00,000 Crores Life Fund
LIC’S Growth Chart
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

28. We are No.1 in World
• 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

29. A Life Insurance Agent renders a Social Service
to the families as well as generates funds for
Nation
Central Govt.Securities 4,41,760
State Govt.Securities 2,13,913
Power 86,880
Housing 41,067
Water Supply/Irrigation/Sewerage 3,774
Road, Port, Bridges & railways 10,494
Others 21,947
Total 8,19,835
LIC’s INVESTMENT AS AT
31.3.2012
Some Highlights (` in crores)
Nation Building Activities of LIC
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

30. Be Proud to be associated with the only
Insurance Company
with Maximum Awards
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

31. Be Proud to be associated with the only
Insurance Company
with Maximum Awards
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

32. Be Proud to be associated with the only
Insurance Company
with Maximum Awards
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

33. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
NO Company Name 2011-12(Crs) 2010-11(Crs) Difference % Market Share
Performance Results of Life
Insurance Companies (First Year
Premium)
2011-2012

34. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
NO Company Name 2011-12(Crs) 2010-11(Crs) Difference % Market Share
Performance Results of Life Insurance
Companies (Number of Policies)
2011-2012

35. 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 forthe
Fin. year2010-11 to the Union Government.
LIC generated a surplus of ` 25624.58 Cr. Forthe Fin.Year
2011-12. Share to Govt .` 1281.23 Cr., Bonus to Policy
Holders ` 24343.35 Crores.

36. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Insurer 31st
March 2010 Additions
in 2010-11
31st
March 2011
LIC Generated surplus of ` 22752.34 crores as at
31st
March 2011.
Private
Sector
210014.99 Crs. 2641.86 23661.85 Crs.
The cumulative losses of the Life Insurance industry as at
31st
March,2011 stood at ` 20,569 crores
Performance of LIC
v/s
Private Insurers

37. IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION
Insurer
Total
Claims
Clai
ms
Paid
Claims
repudiat
ed
Claims
written
back
Claims
pending
at the
end of
year
Break up of claims pending
-duration wise (Policies)
≤ 3
month
s
> 3
to ≤ 6
mont
hs
>6 to
≤12
month
s
> 12
month
s
Private 100 86.04 8.90 0.05 5.01 77.30 9.57 4.54 8.59
LIC 100 97.03 1.00 0.51 1.46 36.60 25.14 24.85 13.40
Total 100 95.58 2.04 0.45 1.93 50.51 19.82 17.91 11.76
INDIVIDUAL DEATH CLAIMS :
LIFE INSURERS (2010-11)
(Figures in per cent of Policies)

38. The procedure to become a
Life Insurance Agent
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

39. Training & its Benefits
* 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

40. Coming …… Working……Staying
Coming together
is beginning
Working together
in progress
Staying together
is Success
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

41. TEAM WORK
TOGETHER
EACH ONE OF US
ACHIEVE MORE
IN TRUE SPIRIT OF SERVING THE PEOPLE AND NATION

42. Why Agency with
VINODKUMAR HARIANI.
08866230725, SURAT.