Advisor Quarterly Contest | AMJ’23

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Advisor Quarterly Contest | AMJ’23

Fresh Weighted GWP Reward

₹ 525,000 ₹ 40,000
₹ 750,000 ₹ 75,000
₹ 1,050,000 ₹ 100,000
₹ 1,250,000 ₹ 120,000
₹ 1,550,000 ₹ 150,000
₹ 2,050,000 ₹ 200,000
 Product & SI Credits
Product: Platinum, Diamond, Active Care, Global Health Secure
SI >= ₹15L 115% Non Port
SI > ₹10L 110% Non Port
SI = >₹5L - ₹ 10L 100% Non Port
SI < ₹5L 0% Non Port/Port
Product Slab 1 Slab 2
CI/CS <15L – 90% >= 15 Lacs – 100%
PA <20 Lacs – 90% >= 20 Lacs – 100%
Aarogya Sanjeevani < 5 Lac SI – 0% >= 5Lac SI – 100%
Corona Kavach 0%
Active Fit 100%
Super Top Up 100% Credit only on GWP ATS >= ₹ 2000

Portability credit 100%

Quarterly Contest is not applicable for Valued Partners
Any new product launched during the program period would be treated at 100% weight unless mentioned otherwise.
 Terms & Conditions
✓ Logins from 1st Apr to 30th Jun ’23 and issuance till 10th Jul’23 will be considered.
✓ Reward on issued GWP (net of cancelation) with applicable product & portability weight. Please contact your branch to know more
details about weights.
✓ NOP Persistency of >=80% is required from the contest period base. For those advisors whose renewal base is less than 5 NOP,
persistency criteria is not applicable.
✓ The policy consideration would be on “Issue Date or Risk Start Date, whichever is later basis”
✓ ATS RHI – Rs. 8,000 or RFB – Rs. 4,000 and Super Top-up – Rs. 2,000 will be considered for contest.
✓ Only Retail Policies will be counted under the Contest.
✓ Final Announcement will be considered post Free Look period is over.
✓ Cheque bounce cases are not considered even if re-submitted after contest closing date. The accounts team would remove cases which
are cancelled as on date of final payment.
✓ Any MIS errors, System related issue like delays, sync, system error etc. will not be considered as exception for any contests/payouts
eligibility or qualification.
✓ Rewards in case paid on Free Look and Cancelled policies will be Adjusted / clawed back.
✓ Management reserves the right to change/ alter the Scheme at any time without prior information In case of any dispute, the decision
of Management will be binding and final
✓ Any tax on any payout/reward will have to be borne by the Advisor as per applicable tax laws.
✓Applicable for Advisors/IMF/Brokers who are not Valued Partner program.
Thank you