EALIC
Northern Zonal Office, Jeevan Bharati Building, New Delhi.
Refi Mitg/Opmns-2017-18/20-MDRT Date 18.11.2017
jivisional Manager of NZ
pe: NB competition for agents “ Gateway to_MDI rT"
We are pleased to inform you that the Competent Authority has floated a NB
Competition for Agents for the period 16 Tf.2017 to 31.12.2017. Terms and Conditions
of the Competition are stated as under:
gta Gomaicomn: Golly MB, cold is Poees ce usiness Eligible First Premium ox
slg rceured during Competition Period
Period of the Campaign: 16.11. 2017 to 31.12.2017
c | Qualifying Conditions
| |
Eligible First Premium Basis
slifying Double MDRT
=a
___ ts. 96.15 Lakh EF!
Qualifying 75% of MDRT
(Rs.27.12 Lakh BFPI)
‘Qualifying 50% of MDRT
(Rs. 18.08 Lakh EFPI)
Barly Bird: Period 16.11.2017 to 30.11.2017. _
es achieved during
| ; ‘16.11.2017 to 30.11.2017 |
Lf
vai attraction: Qualifiers under Level I and Level II will be suitably honoured
in MDRT Convention.
Important Note:
1 MDRT implies MDRT 2018 (Production, calendar Year 2017)
Z Qualifying Parameter for MDRT 3018: Premium Count: Rs. 36,14,800/,
2 Sor the purpose of this competition, First ‘premium procured shall be reckoned on
the New ‘Dibiness introduced and completed between 16.11.2017 to 31.12.2017
only.
on. Gredit for the Single Premium Policies: (EFPI-NSP+6% of SP).
oe Oy RENEWAL PREMIUM WILL BE TAKEN INTO ACCOUNTool
A
1
tions:
THe apa & Cooling off business should be excluded for deciding the eligibility
Whenever competitions are floated by different offices for the same period, credit
poll be given only to one competition; ie. if eredit for new business is taken for one
competition, the same will be excluded while compiling results of other competitions
other than Financial Year long competitions
BOC deposited with full amount & Proposals introduced & completed during the
period will be considered only.
Other conditions will be as per general guidelines of New Business C.0. circular dated
11.03.2015 for competitions.
‘Any Agent would be disqualified if:
iy ny action is taken/ contemplated against him/her under Life Insurance
Corporation of India (Agents) Rules, 1972.
b, dole in a manner prejudicial to good conduct or prejudicial to the interests of the
Corporation.
Zonal Manager reserves the right to add/delete/modify any terms and conditions of
the competition and in any case of dispute his decision will be final and binding on all
the participants.
{All the approved result (scanned copy * soft copy) duly certified by the SDMs should
reach to ZO within 15 days on its closure.