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  • 2022 - Agency Benefits

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    shivaranjansgowda
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    This document discusses the benefits of working as an LIC agent, including: 1) Agents can earn commission on policies for their entire lifetime as well as passing the agency to legal heirs. 2) The document provides an example commission structure showing agents can earn over 110% total commission on policies over 15 years. 3) It demonstrates how consistent new business each month can rapidly increase an agent's monthly commission by 100-300% by the end of the year.

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    This document discusses the benefits of working as an LIC agent, including: 1) Agents can earn commission on policies for their entire lifetime as well as passing the agency to legal heirs. 2) The document provides an example commission structure showing agents can earn over 110% total commission on policies over 15 years. 3) It demonstrates how consistent new business each month can rapidly increase an agent's monthly commission by 100-300% by the end of the year.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views4 pages

    2022 - Agency Benefits

    Uploaded by

    shivaranjansgowda
    This document discusses the benefits of working as an LIC agent, including: 1) Agents can earn commission on policies for their entire lifetime as well as passing the agency to legal heirs. 2) The document provides an example commission structure showing agents can earn over 110% total commission on policies over 15 years. 3) It demonstrates how consistent new business each month can rapidly increase an agent's monthly commission by 100-300% by the end of the year.

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    © All Rights Reserved
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    of 4

    LIFE LONG INTEREST

    MONTHLY COMMISSION
    FREE VEHICLE
    COMMISSION PASSED ON TO
    ADVANCE
    LEGAL HEIRS
    TOO
    Hellor!
    I can’t tell louder than these
    Agency is heaven ADVANCE FOR
    ADVANCE FOR SELF/CHILDREN
    PURCHASE OF MARRIAGE
    COMPUTER

    FESTIVAL
    ADVANCE AND GRATUITY & HOUSING
    MANY MORE GROUP LOAN TOO
    INSURANCE

    Rtn. P.S. Ravindiran, LICA - 9444407791


    YEAR % OF COMMISSION
    1st Year with Bonus 35%
    2nd & 3rd Year 15%
    Subsequent of 15 yrs policy 60%
    Total receivable 110%

    An eye opener:
    • Rs.6 lakhs premium per year for 10 years
    • Total premium would be 60 lakhs
    • Total commission receivable Rs.66 lakhs
    • Total no. of years = 10 + 14 (pol term–1)=24
    • Average per annum = Rs.2,75,000
    If you give 50,000 premium p.m. for 10 years • Average per month = Rs.22,916
    You get 25,000z p.m. avgerage
    commission for 24 years
    Rtn. P.S. Ravindiran, LICA - 9444407791
    Effect Of Every Month Business
    Each policy premium Rs.10,000 p.m. under Qly. mode

    Month Let us take he introduces A to L persons


    You can’t get
    JAN A - Rs.3500 (1st Qtr) these type of
    100% Increase
    FEB B - Rs.3500 (1st Qtr) increment in any
    in Commission
    other Job
    MAR C - Rs.3500 (1st Qtr)
    APR D - Rs.3500 (1st Qtr), A - Rs.3500 (2nd Qtr) = Rs.7000
    200% Increase
    MAY E - Rs.3500 (1st Qtr) , B - Rs.3500 (2nd Qtr) = Rs.7000
    in Commission
    JUN F - Rs.3500 (1st Qtr) , C - Rs.3500 (2nd Qtr) = Rs.7000
    JUL G - Rs.3500 (1st Qtr) , D - Rs.3500 (2nd Qtr), A - Rs.3500 (3rd Qtr) = Rs.10500
    300% Increase
    AUG H - Rs.3500 (1st Qtr), E - Rs.3500 (2nd Qtr), B - Rs.3500 (3rd Qtr) = Rs.10500
    in Commission
    SEP I - Rs.3500 (1st Qtr), F - Rs.3500 (2nd Qtr), C - Rs.3500 (3rd Qtr) = Rs.10500
    OCT J - Rs.3500 (1st Qtr), G - Rs.3500 (2nd Qtr), D - Rs.3500 (3rd Qtr) , A - Rs.3500 (4th Qtr) = 14000
    NOV K - Rs.3500 (1st Qtr) , H - Rs.3500 (2nd Qtr), E - Rs.3500 (3rd Qtr) , B - Rs.3500 (4th Qtr) = 14000
    DEC L - Rs.3500 (1st Qtr) , I - Rs.3500 (2nd Qtr), F - Rs.3500 (3rd Qtr) , C - Rs.3500 (4th Qtr) = 14000

    Do consistent business every month Rtn. P.S. Ravindiran, LICA - 9444407791


    You can’t find
    Anywhere in the world
    Or Any profession like
    L.I.C. Agency

    Hike in income
    No recommendation by superiors
    Need not wait for clearance
    On every 2nd of EVERY MONTH & not year
    Of course every month consistent business is a must
    Rtn. P.S. Ravindiran, LICA - 9444407791

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