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Advisor Monthly Club | Apr’23

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Advisor Monthly Club | April’23

Monthly Club Fresh Weighted GWP Reward^


We Care ₹ 33,000 ₹ 500
We Care Plus ₹ 40,000 ₹ 900
Bronze ₹ 60,000 ₹ 1,200
Silver ₹ 1,10,000 ₹ 4,500
Gold ₹ 1,75,000 ₹ 9,500
Diamond ₹ 2,30,000 ₹ 19,500

₹ 5,000 reward on every ₹50,000 Fresh GWP in a month over ₹2,30,000


^ Reward on issued GWP (net of cancelation) in a month with applicable product weight

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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 50%


Monthly Club 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
 Reward on issued GWP (net of cancelation) with applicable product & portability weight. Please contact your branch to know more
details about weights.
 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.
 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.
 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

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