Training for Deaconess, biblical qualifications.ppt
MDRT presentation
1. WELCOME
MDRT AGENCY
Presentation By Suryakant Naik
Development Officer , L.I.C.
2. ARE YOU INTERESTED IN A PROFESSION ?
Where there is….
Unlimited Earning Potential
Unique Pension
Promotional Avenues
Sense of Achievement
Challenges & Adventure
Enjoyment & Fun
Hereditary Income
Fame & Recognition
Self Satisfaction
Personal Growth
Paid Holiday Trips
3. MDRT INSURANCE AGENCY
Then you have a rewarding career awaiting you as
MDRT Insurance
Agency
Insurance Agency
Amongst various career opportunities
is considered today as one of the
highest paid profession in the world.
4. ABOUT MDRT
ABOUT MDRT
FOUNDED IN 1927 The Million Dollar Round Table (MDRT), The Premier Association of Financial
Professionals, is an international, independent association of more than 31,500 members, or less than
1 percent, of the world's life insurance and financial services professionals from 464 companies
in more than 80 nations and territories. MDRT members demonstrate exceptional professional
knowledge, strict ethical conduct and outstanding client service. MDRT membership is recognized
internationally as the standard of sales excellence in the life insurance and financial services
business.
In India qualifying for MDRT means
MDRT Agency offers you Rs. 12,00,000/- first year commission. That Means
You will start making money from the very first year itself.
MDRT Agency offers you renewal commission. Which means you shall
start building your retirement fund from the very second year.
MDRT Agency offers you hereditary commission. Which means your family
members shall be getting receiving continuous income upon your efforts for a
long time even when you shall be no more.
And much more……
5. SUCCESS STORIES
Shri. S. B. Choudhary is a resident of Mumbai.
He took up LIC agency in January 2002.
During the Calendar Year 2002, the commission earned by him for
the new business brought by him is:- Rs. 2,17,95,429
In addition to this, he earned a Bonus of Rs. 87,18,171 (40% of above)
Do you know how Shri. Choudhary changed his future through his
one Year’s effort?
He will receive for the coming 15 to 20 years a Renewal Income of
Rs. 51,89,000 per year….
A cool Rs. 4,32,416 per month!
6. SOME STALWART
PERFORMANCE
Smt. Ritu Nanda:
Daughter of the legendary Raj Kapoor; daughter-in-law of
the renowned Industrialist family- Escorts
But above all No.1 Agent of LIC Of India continouously
procuring premiums of over Rs. 8 Crores for so many years
in a row…… Renewal income running into Crores!
Shri. Brijesh Kumar Bhargav
Retd. Wing Commander of Indian Air Force. Exponent in
Employer-Employee Schemes. Last Year Performance
122.31 Cr (Rs. 1.22 Billions)
Shri. S. Kavlekar
Record-breaking performance with 11303 Policies, hailing
from Goa….
7. THE RULES OF THE GAME HAVE CHANGED
THE LIC AGENT V/S MDRT
AGENT A family welfare economist
From a person running after you advising you about the need
for his business and necessity of Insurance and
one who devises plans to meet
these needs….
TAILOR FASHION DESIGNER
The difference is clearly same as in -
BARBER HAIR CARE EXPERT
SALOON BEAUTY SPECIALIST
Look at these pictures all ordinary people extra ordinary achievement
The Corporation is looking for high net worth individuals / professional who can accept agency as a profession-
A business worth millions!
The awareness of Insurance has increased many folds in the recent past and vacuum of insurance professional
in the segments of -----------
•HNI •MNC
•CORPORATES •CELEBITIS ETC……. Have created unlimited business for
professional agencies
8. EARNING POTENTIAL
Suppose you sell an Endowment Policy of Sum Assured 5 Lakhs Term 21 Years
with Yearly Premium of Rs. 25,000/-
You will instantly get a commission which is 35% of Rs. 25,000/-
i.e. Rs. 8,750/-.
For next two years your get Rs. 1,875/- each.
For the remaining 18 years you will get Rs. 1,250/- per year.
Total Earning by selling just one policy:
8750+1875+1875+22500=Rs. 35000
Many of L.I.C. agents after having professional selling training were able to
Qualify for M.D.R.T. In 1st yr of their agency career i.e. approx Rs 12 Lakh
commission in 1st year .
9. A UNIQUE PENSION = RENEWAL INCOME
Long Term Income
By selling insurance policies you can secure an income for number
of years. For every insurance policy sold
by you, you will earn each time
the policyholder pays premium
on that policy.
For example : If you sell an endowment policy of 20 years premium term, you
will earn commission for 20 years on that policy.
1st year 2nd year 3rd year 4th year 5th year
No. of policy 140 150 175 200 250
Annual premium 3,500,000 3750000 4375000 5000000 6250000
1st year 35 % 1,225,000 1312500 1531250 1750000 2187500
2nd year 7.5 % - 262500 281250 328125 375000
3rd year 7.5 % - - 262500 281250 328125
4th year 5 % - - - 175000 187500
5th year 5% - - - - 175000
TOTAL 1225000 1575000 2075000 2534375 3253125
Monthly Income 102083 131250 172917 211198 271094
10. STATUS IN THE SOCIETY
YOUR WORTH.
YOUR SKILLS.
YOUR ABILITY.
YOUR HARDWORK.
Corporate
Club
As you keep performing better Chairman's
Year by years, you will become Zonal
Club
eligible for exclusive perks Manager's
Club
from L.I.C. by way of Club Divisional
Manager's
Club
Membership. Batch
Manager's
Club
11. STATUS IN THE SOCIETY
Interest free advance for 2 wheelers or 4 wheelers.
Interest free advance for purchase of personal Computer, Software,
Palmtops, Laptops, Furniture, Telephone etc.
Housing Loan @ 5% p.a.
Reimbursement of expenses on Stationery, Office, Sales,
Promotion & Gifts Items.
Term Insurance.
Gratuity Retirement.
And many more.
12. EMPLOYEE BENEFITS SECOND TO NONE
Subject to specified performance, you may be selected as a
Development officer.
Chief Life Insurance Advisor In future .
Gratuity.
Term Assurance.
Hereditary commission payable to the heirs.
Mediclaim.
Foreign Trips.
14. L.I.C. – A HOUSEHOLD NAME
As per the survey conducted by Economic Times, LIC has been
Marked Number 1 in the list of India's Top 50 Most Trusted Service
brand 5 times in a row continuously from 2003 to 2008.
People have : Trust, Faith and Reliability on LIC insurance products
which means selling LIC policies is easier.
LIC policies have the seal of Government guarantee that no other
Life insurance else has.
LIC operates all over India through 8 zonal offices, 108 Divisional
offices, and 2048 Branches all connected through LAN / WAN.
AND
A STRONG MEDIA &
ADVERTISEMENT SUPPORT.
16. SUCCESS STORIES
Name Location FYC
Shri S.B. Choudhary Mumbai 2.7 CRORE
Smt. Shyamlata S. Poddar Mumbai 1.5 CRORE
Shri Ravindra Joshi Udaipur 88 LAKH
Smt. Ritu Nanda Delhi 63 LAKH
Shri. H. D. Shah Mumbai 57 LAKH
Smt. M.R. Gupta Mumbai 55 LAKH
Shri Sanjeev Bajaj Delhi 55 LAKH
Smt. p. Rajisthaa Chennai 46 LAKH
Shri Jignesh P. Shah Mumbai 45 LAKH
Shri B.V. Parekh Nagpur 41 LAKH
Smt. U. Geonka Kolkata 37 LAKH
Shri. J. Kannan Mumbai 3.4 CRORE
Shri D.G. Kokane Pune 30 LAKH
Shri Jaydeep M. Kashikar Mumbai 30 LAKH
Shri Ranjit S. Naik- NImbalakar Satara 29 LAKH
Smt. Radhika Madhusudhan Banglore 28 LAKH
Shri J. Chan Jalpaiguri 26 LAKH
Shri Mohd. Salman Kanpur 25 LAKH
Shri Suraksha Guglani Delhi 23 LAKH
Smt Kanchan Kumari Delhi 21 LAKH
17. Insurance Selling is such a lucrative business that people from various profession
have taken up Insurance Agency as their main career.
Students. H.R. & Event Managers.
Civil Engineer. Chartered Accountants.
Architects. Business People.
Builders. Fashion Designers.
Lawyers. Models & Celebrities.
Doctors. Executives & Manager.
PART TIME OR FULL TIME
18. FLY IN THE DIRECTION OF YOUR DREAMS
IF U HAVE….
Dreams to scale new heights.
Communication Power.
Commitment to achieve goals.
Leadership Skills.
Desire to meet people and
build relations.
Marketing Abilities.
Deep longing to be a business man.
Positive Mental Attitude.
Minimum Qualification – 12th pass.
19. BECOME MDRT AGENT NOW
• We saw MDRT Agency offers you 12,00000 commission
• We saw you are getting renewal commission
• We saw you are getting hereditary commission
• We saw you are enjoying interest free advances for your Car,
Home and Laptops
• We saw that you are flying to US every year
• We also saw lot of people in India have been enjoying it. Isn’t it obvious that the reasons
motivating you to sign up the agency far outweigh the reasons causing you to hesitate?
Therefore let’s complete the formalities.
20. PROCEDURE
SCREENING TEST.
ABILITY & APTITUDE TEST FOLLOWED
BY PERSONAL INTERVIEW.
FORM FILLING & DEPOSIT OF :
TRAINING FEE`S – 450/-.
EXAMINATION FEE`S – 350/- .
50 HOURS FORMAL TRAINING & CRASH TEST
PREPRATION.
I.R.D.A. EXAM QUALIFICATION .
LICENSING – 3 YRS CHARGES RS 250/-.
FIELD TRAINING – 1 YEAR ( continuous phenomena ).
21. CONTACT
FIX APPOINTMENT ON
Cell : 0944 955 6584, 07588698160
E-Mail : suryakant.naik@licindia.com
Thank you
Design & Developed: By Bharat Infotech