CEO's  MESSAGE:

Today India is the second fastest growing economy after China. In emerging Indian economy, life insurance industry is rapidly growing . At least next 30-35 years will not witness any decline in this business. As far as the maturity of the market is concerned, in the beginning of this century, there was a gap of about 25 years in our life insurance market & the market of developed countries. But today our market has matured so fast, that this gap has been reduced to only 5 years. This maturing market needs ambitious, trained, skilled, specially certified and qualified sales people for the job of risk management.

You are welcome to the profession of Life Insurance.

• Professional training through seminars
• Sponsorship for special training Programs
• Knowledge dissemination of all LIC products
• Effective selling skills
• Innovative Marketing strategies
• Tips on Customer relation management
• Tips on objection Handling
• Scientific approaches for calculating insurance needs
• Exposure to international selling practices
• Setting and achieving realistic goals
 

 

 
 
 
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Club Memberships

 


As you keep performing better year by year, you become eligible for exclusive perks from L.I.C. by way of Club Memberships. Here are some of the benefits of various club memberships and their eligibility criteria.

 

Chairman’s Club

·        Office/Stationary Allowance up to Rs.30,000 p.a.
·        Sale Promotional Gift Items up to Rs.1,400
·        Festival Advance up to Rs. 7,000
·        1000 letterheads with envelops
·        250 visiting cards
·        Eco. Airfare/1st class/AC II Tier Traveling Expenses
·        Rs.2,500 out of pocket expenses for annual conventions (outstation)
·        Housing Loan at 5.25% up to Rs. 3.75 lacs
·        Interest free vehicle advance to purchase Car/Scooter/Motor Cycle
·        Interest free advance to purchase computer
·        Additional allowance up to Rs. 6,000 to maintain personal computer
·        Group Term Insurance (up to age 60) of Rs.1.25,000
·        Telephone facility- Rental and Local Call charges
·        Interest free advance for purchase of Office equipment up to a specified budget

Zonal Manager’s Club

·        Office/Stationary Allowance up to Rs.17,000 p.a.
·        Sale Promotional Gift Items up to Rs.840
·        Festival Advance up to Rs. 7,000
·        750 letterheads with envelops
·        200 visiting cards
·        1st class/AC II Tier Traveling Expenses
·        Rs.1,100 out of pocket expenses for annual conventions (outstation)
·        Housing Loan at 5.25% up to Rs. 3.4 lacs
·        Interest free vehicle advance to purchase Car/Scooter/Motor Cycle
·        Group Term Insurance (up to age 60) of Rs.75,000
·        Telephone facility- Rental and Local Call charges
·        Interest free advance for purchase of Office equipment up to a specified budget

Divisional Manager’s Club

·        Office/Stationary Allowance up to Rs.8500 p.a.
·        Sale Promotional Gift Items up to Rs.500
·        Festival Advance up to Rs. 7,000
·        500 letterheads with envelops
·        150 visiting cards
·        1st class Traveling Expenses
·        Rs.400 out of pocket expenses for annual conventions (outstation)
·        Housing Loan at 5.25% up to Rs. 2.65 lacs
·        Interest free vehicle advance to purchase Car/Scooter/Motor Cycle
·        Group Term Insurance (up to age 60) of Rs.37,500
·        Interest free advance for purchase of Office equipment up to a specified budget

Branch Managers Club

·        Office/Stationary Allowance up to Rs.1000 p.a.
·        Sale Promotional Gift Items up to Rs.180
·        Festival Advance up to Rs. 6,000
·        300 letterheads with envelops
·        100 visiting cards
·        1st class Traveling Expenses
·         Rs.200 out of pocket expenses for annual conventions (outstation)
·        Interest free vehicle advance to purchase Car/Scooter/Motor Cycle
·        Group Term Insurance (up to age 60) of Rs.8,750
·        Interest free advance for purchase of Office equipment up to a specified budget

CLUB MEMBERSHIP ELIGIBILITY

Condition A (fulfill in the qualifying and 3 out of 4 financial years)

  Particulars B.M D.M Z.M C.M
  Net Sum Assured (in Rs.) 15 Lacs 40 Lacs 60 Lacs 100  Lacs
  No. of Lives 45 Lives 90 Lives 115 Lives 170 Lives

Condition B (fulfill in 3 financial years preceding the membership year)

  First Year Commission (in Rs.) 20,000 35,000 70,000 1,00,000
  Renewal Commission (in Rs.) 30,000 55,000 80,000 1,10,000
  Number of lives In force 120 230 370 550
 
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