Enrolled Candidates /Referrals/ Payouts- MIS Report – Sep- Oct 2018
We have collected a premium of Rs 1crore 57 lac (Rs 15725371) through 296 of our channel partners
And distributed commission of Rs 5503879.85
And Rs 71000 have been distributed as contest payout over and above commission
Congratulations to qualifiers and earners
Sep / Oct 2018 MIS Report has been shared via email to registered mail ids of the enrolled candidates
Commission for the month Sep 18 and Oct 18 has been released.
Kindly share your paytm no. or bank account details To receive the same
We thank you for your interest in associating with us and extend our warm welcome in joining our growing family of channel partners. We are pleased to allot code to you which has to be used by you for doing business.
Backed by our proprietary technology, we are India’s premier online insurance comparison platform and web integrator.
We are Motor, Life, Non Life/General & Health Insurance specialists. We also offer ready to move in residential & commercial property Projects, MF /SIP, ULIP, PMS/ AIF, IPO, FD, RD, Bonds, NCD, DEMAT A/c, NFO, any type of loan etc. We Also help in ITR filing and GST.
With us, you can deal In All Types Of Financial & Investment Products Through Single Code
You can qualify FY Contest For All Products & Achieve As Per Your Convenience – Monthly/Quarterly/Annually.
Online Transaction Facility Is Available Through Our Website.
Your login details for accessing software Sales Point has been sent to your registered E-mail id and Mobile number.
We are looking for Brand Ambassadors.
We look forward for you to represent our company & the country in an upcoming event at Rome, Italy for 3 days by earning minimum amount of an average of about 10 lacs in a year from us followed by further 3 all expenses paid National / International trips.
We assume you want to achieve something great in life.
Qualification – Passion & Compassion
Work Description – Helping people in realizing their dreams & plan their life goals better financially
Comply T&C by Govt of India, State Govts, UTS, SEBI, AMFI , RBI, NHB, IRDA, RERA and other authorities.
Provide copy of AMFI, NISM, EUIN, IRDA, RERA and other relevant certificates if applicable.
If you have any further query please feel free to contact your relationship manager.
Assuring our best services at all times.
For Team Distribution
Sales Point, Policy Bazaar
Some useful links —
DO YOU KNOW ?
you can even invest under following schemes/ concepts :-
MWPA (married woman property act) ,
HUF (hindu undivided family),
employer employee policy,
11 Rs /day term plan,
500 Rs /pm cashless mediclaim,
15 Rs/day accident cover,
8000 Rs /pm ulip,
Rs 500/pm sip, 2000 Rs pm guaranteed Savings,
80% discount on vehicle insurance
How to become crorepati–
Pay Rs 83k pm for 5 yr get 1 cr on 15yr
Pay Rs 41k pm for 10 yr get 1 cr on 17yr
Pay Rs 62k pm for 5 yr get 1 cr on 20yr
Pay Rs 48k pm for 7 yr get 1 cr on 20 yr
Pay Rs 32k pm for 11 yr get 1 cr on 20 yr
Pay Rs 30k pm for 15 yr get 1 cr on 21 yr
Terms & Conditions:-
- As you are aware, before being engaged in selling and marketing of financial products, you are required to submit certain examination passing certificates and regulatory registration certificates with us for activation of particular segments. If yet these are not submitted by you, please submit the same or acquire and apply through us
- For selling MF related products, pass mutual fund distributor module exam of NCFM / Series V-A exam of NISM and submit EUIN/ ARN certificate with us
- For selling insurance related products (life/ health/ general), pass IRDAI and submit license certificate with us (marks to obtain 18/ 50)
- We can help in acquiring IRDAI license. The parent company which will help us in certification, requires min business login of Rs 21,000 to validate license for 3 years from the date of issue
- In case we help you acquire IRDAI license, the non fulfillment of min business guaranteed (MBG) will lead to min performance standard (MPS) which will lead to code block or commission on hold. To unblock code or to release the commission, min business login of Rs 21,000 is required
- After fee submission, examination will be held in allotted test center across length and breadth of the country as per convenience of the candidate in his/her preferred language (Grace marks 17/ 50 to pass)
- Absenteeism in examination will result in resubmission of exam fee.
- After submission of fee, Upto 2 free attempts are allowed to appear in exam in case of fail (marks < 17 /50)
- Free Look cancellation period is 15 days for health insurance and 30 days for life insurance
- Payments are processed on 7-11th of every month for the business achieved 30 days from the date of issuance
- Other Commission release Payout cycles are 14-18th, 25-30th of every month for the business achieved 30 days from the date of issuance
- In case of negative business ( Cheque bounce recovery cases , reject status, lapsed/ terminated status, Return to sales- RTS, persistency/ renewal , moral hazard report, negative retention recovery, premium/plan difference recovery, Proposal stage calling-PSC ) , the same will be adjusted from total slab of a particular business cycle
- For renewal payout, Nominator/ Mentor/ Master / Referral Data Provider needs to be active in system with min 12 policies, otherwise Nominator / Master gets 5% of the commission earned by the agent under him/ her (for 1st 6 months only) Thereafter deal directly with sub-agent
- For renewal payout, Sub broker/Advisor / Channel Partner/ Distributor/ Agent/ Business Associate /POS/ SPO needs to be active in system with min 12 policies
- Percentage of Payouts can be increased as per achievement slab of FY contest or commission structure
- Eligible for 4 International and Domestic Tours (1 in each quarter)
- Some products are offline and certain products are available online. While login, contact your relationship manager.
- For Mentor, Team Training & Development Fee/ Reference Bonus: Mentor will be eligible for 5% of the commission earned by the agent under him/ her on completion of recruitment and activation process as defined by the company from time to time. (Applicable for LI/ HI/ GI only) (Not applicable for loan and MF category)
- For Mentor, Agent Recruitment Fee : Mentor will be eligible for Rs 500 per agent for one time fee payable on monthly basis for referring prospective agents to us and assisting us in recruitment of high quality agents on monthly basis. The fee is payable on completion of recruitment and activation process as defined by the company from time to time. (Applicable for LI/ HI/ GI only) (min Premium Collected for LI Rs 30000 Per Annum / min PC for HI Rs 30000 PA/ min PC for GI Rs 50000 PA)
- For Mentor, New Agent Development Fee : Mentor will be eligible for Rs 500 per agent for one time slab based fees on monthly basis development and activation (as per the modules prescribed by the Company) of the agents within 0+3 months of being appointed. (Applicable for LI/ HI/ GI only)
- For Mentor, Team Support Allowance : Mentor will be eligible for Rs 500 per agent for one time slab based monthly allowance basis the no. of existing agents being developed by mentor and raising performance level of the team as defined by the Company. (Applicable for LI/ HI/ GI only)
- For Mentor, Mentorship Level/ Club Available: Bronze, Silver, Gold, Diamond, Platinum
- For Mentor, Annual Grade Achievement Bonus available as per mentorship level
- Agent Idol/ Club Membership : Agent is eligible for Certificate of Appreciation, Branded Customized Pen, Branded Planner, Sales Kit, Personalized Visiting Cards, Bag, Surprise Gift, Trophy, Medal, Plaque, Cash payouts, Extra Credit for Monthly Contest on activation as per slab basis
- Agent Champion League: Agent is eligible for National and international convention for interaction with leadership Team, Life cover Rs 30 Lac, Health Check up voucher, Extra payouts over and above commission, Accidental Cover of Rs 1 Cr, Stationary, Gift Vouchers, AUM based payouts, Consistency and Performance payouts, Servicing Support, Priority Query Resolution, Travel Reimbursement on activation as per slab basis
- Career Path – Benefits and Compensation : As a Concept, Career and as Brand (a) Entrepreneurship Pathway (Explorer/ Builder/ Practitioner) – Increasing Income (b) Management Pathway (AM/ BM/ RM) – Bigger Responsibilities (c) Consultant Trainer
Criteria to be a Master/ Nominator –
- Performance Benchmark: Min 10 POS to be empanelled and 2 new Active POS every month for next 12 month from Master Status
- 50 % POS need to be active through any product line in a business cycle
- Direct business will be taken under consideration of Team revenue
The MIS report will be shared at end of each month containing
- Working data for the respective month/yr
- Not process cases
- Payout structure
- Celebrity agents
- Mutual fund performance Sheet (Subject To Market Risk )
- Eligibility of Reference bonus for Nominator- earned as 5 % on commission earned by your team for 1st six months only if criteria not met (Refer T&C)
- Team information/ referrals
- Commission Chart
- Guaranteed /non guaranteed products
- Study material and video tutorial
Motor, Life, General/Health Insurance, residential/ commercial property, MF,IPO, NCD, NFO,loan, ITR filing/ GST- online comparison platform/web integrator – POLICY BAZAAR SALES POINT, SMC, cover fox, Renew buy, Acko etc
Ticket booking – bus/flight/ IRCTC train, tour and travel, hotel booking, money transfer, mobile recharge, Bollywood tour booking, Adhaar card enabled payment booking – Multi Link -Business in a box
Website designing, graphic designing, brochure /pamphlet design, newsletter, Emailer, social media optimization, search engine optimization, web hosting and domain – email/server/site , content writing, blogging, logo making etc
Catering, Crockery , Event Management, Anchoring, Podcast, Customised Merchandise distribution etc
If you are animal lover and have money constraints join us to resolve the issue.
If you are an entrepreneur or from financial background like CA, AMFI, etc, retired person, teacher, housewife etc u r most welcome to join us we would love to do value addition in your success.