EARN A LIFE TIME OF MONEY .....JUST STARTUP WITH THE BEST

BENEFITS OF STARTUP IN INSURANCE

2018-10-20T17:18:00.002+05:30

Benefits

Know more about the benefits Startup As Ace Advisor

1. Rewarding Business Opportunity
You will help people realise their dreams by fulfilling their financial goals. The difference you make to their lives is more rewarding and satisfying than you could ever imagine.

2. A Successful Team
By joining us, you will be a part of the country's finest team of life insurance startups. In the year 2015, we contributed 4021 members to the Million Dollar Round Table: a global forum that salutes the world's most successful Insurance Startup.

3. Attractive Remuneration
We offer one of the best remuneration systems in the industry that not only takes care of your current earnings, but also guarantees an earning for the future. What's more, you can set your own income targets with a potential to earn as much as you want for the rest of your life.

4. Independence
As an Agent, you will be a true entrepreneur. You have the freedom to be your own boss: work for yourself, choose your own clients and make your own money. All of this, without your having to make any initial capital investment.

5. World-Class Training
We provide you with the best-in-class training systems, since that is what differentiates LIC Agent from the rest. Even if you don't have previous experience in selling, our multi-dimensional training programme conducted by our qualified in-house training personnel, will make you a specialist in life insurance sales.

6. Commitment To Career Agency System
Our commitment to the Career Agency System means that, we support you and your efforts not just today, but at every stage of your business. We believe in encouraging our Startup Advisor strive towards the highest levels of success, throughout their careers. In fact, depending on your performance, we also offer a management career option with the company.

7. Infrastructure Support
We have invested in creating a state-of-the-art infrastructure at each of our Branch Offices. You will have access to the necessary tools, technology and people support that will enable you to build a profitable long-term business.

8. Full Range Of Products And Services
You can offer your customers over 50 product combinations of our unique Products and Riders, to help them meet all their financial goals. In order to give you a greater competitive edge, we are also continuously working on newer and more innovative products.

9. Sales And Marketing Support
We support our Startup Ace Advisors with innovative sales and marketing tools. The Sales, Promotions and Marketing collaterals that we provide will help you take your business to new heights.

10. Financial Strength
LIC offers you and your customer unmatched financial strength and solidity.

Startup Opportunity Calling

2016-05-05T18:34:00.001+05:30

India's most trusted brand is calling

You!!!

If You Want To Join LIC ???

You are on right way to join with us.

India's No.1 Insurance Provider LIC

LIC of India, established under LIC Act, 1956 is recruiting Graduates to work as Insurance Advisor (Full-time or Part-time). Exceptionally talented Under-Graduates will also be considered. A Candidate with any profile & background having very good contacts and who have an inclination to earn well are most welcome to join us. Training & technical support will be extra-ordinary with us.

	Professional Training Through Seminars
	Sponsorship for special Training Programs
	Knowledge Dissemination of all LIC products

Procedure:

Hassle-free procedure to join

Documents

* 3 Colour passport size photo.
* Photo copy of +2 marksheet/ Diploma marksheet/ Degree certificate.
* Photo copy of Pan card.
* Photo copy of address Proof.

Registration & Training

Upon successful registration, you will be undergoing few Hrs Online(Offline) Training to make you aware of theoretical aspects of Life Insurance which is very much required from the examination point of view. In addition to ONLINE TRAINING, we would be providing you practical training at your convenient timings to make you aware of Marketing skills needed to succeed in your Career with LIC.

Exam

After successful completion of training you will have to sit for pre-licensing online examination conducted by the insurance regulatory and development authority (IRDA). Exam will be of 50 marks and question will be objective. You have to get 17 marks to pass exam.

License

After successful completion of the examination you will be awarded a license by the IRDA to work as an insurance agent. You will be appointed as an agent by our branch office and you will be a part of the team under development officer.

Benefits

	You can earn more than Rs.50,000 a month very easily through your contacts.
	You can actually help yourcontacts to get very usefull LIC policy.
	Performing Agents are recognised in LIC & granted Membership of various Clubs.
	A Club Member Agent is eligible for Interest free advance of Car, reduced Interest for Home Loan, Office maintenance Allowance, Furniture Allowance, Festival Advance, Mobile & Land line Bill reimbursement & various other facilities.
	No retirement in this job, you are entitled to LIFE-LONG income in the form of RENEWAL COMMISSION. You will be rewarded by the way of Renewal Commission until the last Policyholder goes out of the Books of LIC.
	A very bright future awaits for the right candidate

So Make a Quick Decision and Contact:-

Prasath VR
Development Officer
Hand Phone:9944081942
email:prasath.licdo@gmail.com
Avinashi Road Branch/Hope College Satellite Office
LIC Of India

LIC AGENCY - AN OCEAN OF OPPORTUNITY

2014-04-07T15:56:00.001+05:30

Call Me: 9944081942 Email : prasath.licdo@gmail.com

To Many Insurance Agency is an ideal choice for additional income or as side business. For me, as a Mentor of Insurance Agents, I would call it is one of the best choices to be an entrepreneur. True entrepreneurs put their money where their mouths are, exactly in this business from the day one the insurance Agent/Advisor/Consultant starts figure up his/her topline without waiting for gestation period or credit period. The profession doesn't require capital, manpower or huge stocks/resources. All one must have will to work systematically and with conviction. Still many struggle to become a successful insurance agent.

Here a Typical first timer or an marketing professional takes up insurance agency in a belief that all is going to rosy picture. Initially one may succeed by getting a hand full of business from Mom, Dad and relatives. As the time goes by, say in a few months the insurance agent get desperate and more desperate rather convincing client he/she may I repeat may(not all) start begging people to give a few policies as they run out of ideas. Such failures rather quickly makes him a demotivated person and the agency becomes sour grapes.

One must remember while taking up Insurance Agency that it is not a Fishing Expedition. The Insurance Agency profession requires one and only ingredient that is "WILL TO SUCCEED". The success or failure are two different outcomes of a process, the former being favourable and the next being unfavourable result. Before, exploring ways and means to become successful entrepreneur in this field, what one needs to understand is how to be professional in very sense. A professional is not emotional, spontaneous and reactive person. He or she is person who is self disciplined, systematic and knows his SWOT(Strength, Weakness, Opportunities and Threats). His actions have synergy which complement one another and strive to achieve ultimate target. All the aforesaid virtues said to have entrepreneurial aptitude.

Once you have entrepreneurial aptitude you should be conversant with know-how of insurance business. It is the easiest business in the world in terms of the process of insurance canvassing and difficult in terms of patience, perseverance and endurance. All you need to do is keep doing three activities with your prospective customers, a) See b) Send c) Call you can do this in any order like Send Call and See or Call See and Send but it has to be continous without any apprehension. The most important ingredient of aforesaid action is "Being Genuinely Interested In Your Customer". The customer is a person who always since the first interaction wants to confirm whether the person who is interacting is "Genuine" or not, the test goes on and on, no matter how long he is associated with you., but with every interaction he/she wants to re-assure that he is interacting with the person who is "Genuine". Therefore it is important to not just be "Genuine" behaviour but also be "Genuinely Interested In Your Customer".

By being Professional, Systematic, Ethical and Genuinely Interested in your customer you can certainly become one of the successful Insurance Agents.

Myths And Facts about Insurance Agency a Q&A

2012-01-19T00:26:00.000+05:30

Myth 1: An insurance agent’s job is a door-to-door sales job.

Fact: As an advisor, you would have to make prior appointments for meeting people. You would help them bridge the gap between where they are financially and where they want to be. You would be helping people and as you develop long term relationships with your customers, you will become a part of their family.

Myth 2: I have never sold anything in my life so I cannot become an agent.

Fact: Most of our agents had never sold anything in their lives before. In our business, we help people make a decision. Our training plays a major role in teaching you how to succeed. With LIC, you will be in the business of helping people achieve peace of mind while reaching their financial goals.

Myth 3: Only candidates with a finance background can do well in this business.

Fact: A lot of our successful agent advisors are from non-finance professions who have never sold anything in their life before, but they have achieved high levels of success with us. The professional training given to our agents at LIC is unbeatable in the industry. Our training consists of on-the-job counselling, class room instruction and one-on-one coaching and so is suited for candidates from any background.

Myth 4: There are so many insurance agents in the life insurance industry already. A new entrant stands no chance.

Fact: You will be glad to know that the Indian life insurance industry is growing at a very high rate. Life insurance industry is far from getting saturated. There is a huge untapped market waiting for someone to explore and reap profits.

Myth 5: There is no career path for an agent in the long term.

Fact: At LIC, there is no shortage of opportunities for achievers. You have an option of joining us as an employee. Some of our very successful Development Officers and office heads started with us as agents and advisors. In case you don’t want a 9-to-5 job and are looking to set up your own business, our Agency Programme is the answer for you. You can run an office of your own just like your own business.

Myth 6: There is no support for an agent when he/she joins the organisation.

Fact: Your Development Officer will be with you at every step. There is a dedicated trainer at your office who will solve all your queries. You are in this business for yourself but not by yourself. We are your partners all the way!

Myth 7: Being an agent and advisor is all about high sales targets.

Fact: At LIC, you are your own boss. No one but you can decide your own targets. It all depends on how much you want to earn. We don’t hire someone till we are sure of his success and commitment to this business.

Myth 8: Insurance is sold without keeping the customer in mind.

Fact: As an agent and advisor with LIC, you follow a methodical pattern when you approach customers. The insurance solution is suggested only after analysing the needs and aspirations of the customer.

Myth 9: Customers have a stronger belief in other investments.

Fact: It would be wrong to compare life insurance with any other investment as the objectives of life insurance and that of other investment products like mutual funds, post office and bank deposits is different. We will ensure that you understand the same in depth and thus help your customer plan right for their financial security.

SO DONT WAIT FOR THINGS TO HAPPEN..... BE THERE TO MAKE IT HAPPEN!!!

JOIN US TO MAKE YOUR OWN FORTUNE....Call Now

Prasath VR, Dev. Officer, LIC of India Cell:919944081942

Penetration of Life Insurance - Need of the Hour

2011-10-22T18:04:00.000+05:30

Life Insurance has unique combination of concept and product. Insurance per se has long been a concept but now it has become an inevitable product as house hold needs, the transformation has become evident in Metro, Tier I and Tier II cities. The Tier III and Rural Market still being laggards. The responsibility of changing mind sets with the people lies not only with Insurance Companies, it is also the duty of Regulator/ government to push the insurnace concept via media to the masses.

In India and elsewhere the Life Insurance products are still being sold to the customer thus making selling cost huge and chances of mis-selling being high. Hence, the Regulator and the Govt should make their earnest approach in creating awareness for the need of insurance products rather than each companies selling their product with misleading assurances(at large at the ground level). The Regulator should take proactive approach towards creating the awareness among the rural populace.

The Concept of Financial Inclusion should not be limited to opening bank accounts. The Financial Inclusion programme should be in holistic manner, it must include all such product viz., Banking, Insurance, Money Market and other instruments available to the remotest corner of the country.

One of the major causes of Rural - Urban Migration is being lack of financial safeguards to rural families., Lack of rain, irrigation and more importantly no life insurance to family head being major causes of Rural -to-Urban Migration. Had there been financial safeguards to the farmers of Orissa, Chattisgarh, Jharkand and Bihar in the nineties and now for the North-Eastern states, we would have not seen as many shanties in Mumbai and other Metros.

In a bid to cover insurance to all citizens the opening up to private sector a decade ago was huge step. However, it has delivered more harm than the goods in the last decade. Finally, the regulator woken up in september last year putting some prudent norms to ULIP. However, much damage has already been done. Now the consolidation phase is expected to come around among private players.

On the part of insurer, they have to be more transparent to the customers even in conventional products, the insurer has to clearly spell out the charges and saving elements and trim their margins and make gains in their volumes. There should be an earnest effort in matching returns on base rates even if it is not equal to bank deposit rates.

Finally, it should be the effort part of regulator, govt and insurers to create awareness to masses. Because, the insurance products are long term commitments where the proceeds are used to strengthen the economy, society and not to forget the families of the insured.

So Lets Live in a world where everyone is protected financially.

Prasath Vedgarb

Insurance Marketing in Indian Context - With New Approach on sharing cost of Insurance

2011-08-02T22:46:00.000+05:30

Insurance Marketing in India remains a sellers arena each competing the other with various combination of products. However, the awareness level and need based selling remains an elusive dream for many. The onus is on insurance education remains with Insurance Companies, Regulator and Academic Frame work from the degree level.

The larger participation of Individual can only be created with higher disposable income and assured returns on insurance products. The innovative product mix of sharing cost of insurance by the employer and return of premium with appreciation would be more attractive product than the conventional or Ulip based products. The transfer of cost of insurance to employer in Employer-Employee Scheme would thus have a meaningful binding of employee with employer and for the employer can vouch for his Insurable Interest on his employee. The employer can compute the expenses under section 30 to 36 and those of u/s 37(1) as per section 17(2)(V).

The whole of insurance products can be ULIP OR MODIFIED ULIP products, where in Ulip it is synonymous to many that investor chooses to invest in Capital Market. It can be modified where insurer for all products gives the choice of investment with investor/insured with explicit rate split of cost of insurance and Investment Choice. The Investor should have the choice of the annual report/performance report on investment made during the previous report.

With current interest rate regime in high inflationary pressure pushing up the lending rates across the board. The investor education to be undertaking how it is good to invest in debt and call money markets. The current conventional or traditional products remains opaque the tranparent portfoilio for each scheme would be highly appreciated by the investing community.

To summarise, I would like to suggest the Insurance Community and IRDA should undertake following

a) Insurance Education at All Level

b) Premium compenent should be split as Insurance Cost and Savings Element Explicitly
The const of insurance borne by employer, tax benefit to be given to both as per section 17(2)(V).

c) Modified ULIP - All plans to be converted as MODULIP as the savings element can be choosen by the insured.

Rest we shall live in the rat race of FYPI.

Regards

Prasath VR
Development Officer
Avinashi Road Branch,
LIC Of India
Coimbatore
9944081942
vr.prasath@licindia.com
prasath.licdo@gmail.com

Careers in Life Insurance

2011-03-15T19:41:00.000+05:30

Here is a simple step-by-step guide on how to become an LIC agent
Eligibility:

12th standard pass
Age 18 and above

Process:
Contact me PRASATH VR, Development Officer, Hope College Satellite Office, Handphone:9944081942.

The Branch Manager (I/C) will conduct an interview, and if found suitable, you will be sent to training at Divisional/Agency Training Centre. You may also opt for Online training module
The training is for 50 hours and covers all aspects of Life Insurance Business.

After successful completion of training you will have sit for Pre-Licencing examination conducted by the Insurance Regulatory and Development Authority (IRDA).After successful completion of the examination you will awarded a Licence by the IRDA to work as an insurance agent.

You will be appointed as an agent by the Branch Office and you will be a part of my team.
As Development Officer I will impart you field training and other valuable inputs which will help you in the market place.

Can I Become An Agent?

You certainly can if –

You are outgoing and like meeting people
You are ambitious to own a business
You only want your clients to be your bosses
And you want to decide your working hours
Unlimited earning potential; A clear career path; all round support through exclusive advertising, your own in-house consultant, and world-class training:
A comprehensive benefit package
Training
Careers
Rewards & Recognition

They are a key source of business for the organization, and are the continuing link with our clients. That is why; we take a lot of care in recruiting and developing our agency force, so that we continue to set higher standards of quality in service and salesmanship. To cater to the needs of the knowledge-oriented marketplace, we look for graduates who are service-oriented, good communicators and enjoy meeting new people. Prior sales experience is an added benefit.

Some Of The Qualities We seek Are:
Self-motivation
A master communicator
A go-getter
A graduate

So Make a Quick Decision and Contact:-
Prasath VR
Development Officer
Hand Phone:9944081942
email:prasath.licdo@gmail.com
Hope College Satellite Office
LIC Of India