bajaj allianz - tlc business presentation
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TLC - Bajaj Allianz Business PlanTRANSCRIPT
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Business Presentation
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Why Life Insurance ?????
Fast Track Life
Nuclear Families
Job demands
Traveling
Security
Investments
Tax Benefits
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Instrument Safety Liquidity Post Tax Returns
Tax efficiency
Life Cover
PF High Low Good Good None
Shares Low Average Uncertain
Low None
KVP/NSC High Low Average Low None
Bonds, FD Average
Average Low Low None
Mutual Fund
Average
High Uncertain
Average None
Post Saving Schemes
High Low Average Average None
LIFE INSURANCE
HIGH LOW GOOD HIGH YES
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Who is Bajaj ????
Bajaj- Rs.8000 Crore Household.
Bajaj Auto- 4000Cr. Asset
55 Years–Trusted Company
No. 2 in 2&3 - Wheeler manufacturer in India
No.4 in World Level
15,000 Employees
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Who is Allianz ???
Leading Global Insurance Company
Started in Germany @1890 – 116 Years
Rs.58,92,000 Cr – Asset
Global Networks - 70 Countries
Largest Asset Manager in the World
7 Wonders & Twin Tower - insured by Allianz
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Why Bajaj Allianz ???
Fastest growing private Life Insurer in India.
The total sum assured rose to Rs.4137 Cr since inception
Bajaj Allianz Life records GWP of Rs. 250 Cr in just first 6 months
3,95,000 satisfied customers across the country
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
More than 39,05,112 customers have selected Bajaj Allianz
Every day more than 4000 Policies issued online.
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Amount of claims paid since inception is more than
Rs. 295,00,00,000.00
Settled more than 1,95,000 claims.
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Bajaj Allianz is a customer friendly & best services company in Insurance Industry.
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Who is TLC???TLC – Team Life Care
Involved in marketing of Insurance policies and allied services, having wide experience of Referral Marketing
No.1 Channel Partner of Bajaj Allianz
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Our Product
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Name of the Policy : New Family Gain
Premium : 5000 (Half-yearly)
Minimum Premium Paying Term : 3 years
Partial & Full Withdrawal : After 3 Years
Fund Growth Rate : 15% to 25% Per annum
Age 0-10 11-20 21-30 31-40 41-50 51-55 56-60SA 3.5L 3.0L 2.5L 2.0L 1.5L 1.0L 70 K
SA - Sum Assured in Lakhs
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
After 6 months: 11 Types of Critical Illness Coverage. (Optional)
First Heart Attack.Coronary Artery Disease requiring Surgery.Stroke.Cancer.Kidney Failure.Major Organ Transplantation.Multiple Sclerosis.Aorta Graft Surgery.Primary Pulmonary Artery Hypertension.Alzheimer's diseaseParalysis.
(Age for Entry:18-50yrs, Benefit Age:18-65yrs)
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
For maturity with coverage, 150% of annual premium has to be maintained as minimum balance
Ex: Maturity Amount - Rs. 100000Partial withdrawal - Rs. 85000
5 types of Fund options
Liquid Fund
Bond Fund
Equity Growth Fund
Equity Index Fund II
Accelerator Mid-Cap Fund
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Premium Period - Min. 3 yrs & Max. 70 yrsMaturity Period - Starts from 4th yrPartial Withdrawal: Eligible from 4th yr onwards
Ex: Principle Amount - Rs. 30000Partial withdrawal - Rs. 15000
After Partial Withdrawal: Rs. 15000Policy Coverage - remains same
Full Withdrawal - Policy has to be surrendered
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.Growth Illustration Table (As per IRDA Norms)
Growth Rate Optimistic Estimation Conservative Estimation @ 6% @ 10%At the end of 4th yr Rs. 31,800/- Rs. 33,000/-At the end of 5th yr Rs. 33,708/- Rs. 36,300/-At the end of 10th yr Rs. 45,108/- Rs. 58,416/-At the end of 15th yr Rs. 60,365/- Rs. 94,152/-At the end of 20th yr Rs. 80,784/- Rs. 1,51,634/-At the end of 25th yr Rs. 1,08,106/- Rs. 2,44,208/-
(Refer ww.irdaindia.org)New family gain is Unit Linked Insurance Plans (ULIPs). Investment in
ULIP is subject to risks associated with the Capital markets. The Policyholder is sole responsible for his/her decisions while investing in
ULIPs. All charges applicable shall be levied. The fund value shown above is only indicative & not guaranteed at 6% and 10% respectively.
Insurance is subject of matter of the solicitation.
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Tax Exemption - Eligible under Act 80(c) & 10(10)d
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Documents RequiredDD Rs. 10000/- in favour of “Bajaj Allianz Life Insurance Co. Ltd.,” payable @ Salem
Proposal Form
Check List
Standard Age Proof Copy
Address Proof Copy
Photo ID proof
IT return copies for premium 1 lakh and above
3 passport size photos
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Business Plan
Royal Income
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
U
A B
C
600/-
Incentive Calculation - Twice in a Month
Referral Incentive (RI)
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
SILVER CO-ORDINATOR (Andaman tour package)
U
A B
100 members100 members
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
U
A B
350 members350 members
GOLDEN CO-ORDINATOR (Car Achiever)
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
U
A B
Car AchieverCar Achiever
DIAMOND CO-ORDINATOR (Pension Achiever)
Rs. 1,00,000/- will be deposited inPension Plan
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
U
A B
Pension AchieverPension Achiever
PLATINUM CO-ORDINATOR (Director Achiever)
10% profit sharing from the net profit of the
company
TLC – Team Life Care. No.1 Channel Partner
Bajaj Allianz General Insurance Co. Ltd.
Thank you