vinay mohanty
This Blog provides you UpToDate information on life & General insurance dealing mostly with LIC's New Plan Circulars, MillionDollarRoundTable tips on marketing,Financial analysis and INCOME TAX.
why caree as LIC agent ?
Why Career as LIC Agent?
Do you have burning desire to live life king size and create extraordinary wealth?
Read further, only if your answer is YES.
Do you want to work for a Company? OR Do you want to work for yourself?
Working for someone else really sucks. You sacrifice your health, sleep, family time and best years of your life for a company that doesn’t appreciate you. This doesn’t seem like a winning strategy at all.
Present Job Scenario:
As per Dr S Ramadorai, adviser to the prime minister in the national council on skill development, Government of India:
- We are a young economy and we are only growing younger.
- In 2020, the average Indian will be only 29 years old.
- 65 per cent of our people will be in the working age group, and this age advantage for India is expected to continue for at least three decades till 2040.
- ACCORDING to an estimate, we need to create around 1 to 1.5 crore jobs per year for the next decade to provide gainful employment to India’s young population.
- Large businesses in India, both in the public and private sector, will not be able to generate employment at such a large scale.
- There will be fierce competition to get good jobs.
- So , there is a need to actively focus on being entrepreneur, which can help in creating sufficient jobs to absorb our large young population.
How to Create Wealth?
Write down names of 3 persons, whom you consider wealthy.
Out of above, how many are in service? Probably none.
This shows that in order to become wealthy, you have to be in Business.
According to a survey reported in TOI dated Aug 13, 2013, out of the world’s hundred richest people today,
Write down names of 3 persons, whom you consider wealthy.
Out of above, how many are in service? Probably none.
This shows that in order to become wealthy, you have to be in Business.
According to a survey reported in TOI dated Aug 13, 2013, out of the world’s hundred richest people today,
- 27 are heirs and 73 are self-made.
- Of the self-made, 18 have no college degree and 36 are children of poor parents,
- but some billionaires had neither a degree nor wealthy parents. In other words,
Super-achievers are not born, they are self made people.
It is not external favour that makes one a super-achiever, but one’s own struggle.
Super-achievement is not got through inheritance, but is self-acquired success.
Why Career as LIC Agent?
- Looking at Present Job Scenario, there is a need for you to actively focus on being an Entrepreneur.
- If you want to create Wealth, you must be in Business.
You will also get the satisfaction of providing employment to young people.
Apprehensions about this Profession:
- If I become LIC Agent what will People think about me?
- I will be not able to do Marketing Job.
We will train you in such a way that People will start appreciating you on becoming LIC Agent.
So don’t think about what people will say initially.
Look at the Profile of Successful LIC Entrepreneurs and what they have to say about this profession:
LIC Entrepreneurs:
A fulfilling career
Richard Branson recently wrote how he’d never worked for anyone but himself. He started and stopped various small businesses that his surroundings demanded: his first stint as a businessman was at age 11, he bred budgies.
Here’s how a local legend in his part of the world, Venkateswara RaoVakalapudi, an LIC entrepreneur, started young as a businessman andis making his mark in the insurance industry.
Top LIC agents earn between Rs-3 crores to Rs-4 crores per annum.
The average gross income of top 20% of LIC agents is above Rs-12 lakhs per annum.
Through our meticulous training and guidance we will make sure that you will earn at least Rs-1,00,000 per month within 3 years time and also create extra ordinary wealth.
Distinctive Advantages of Profession:
Royalty Income : Writers & Singers get Royalty income for life time for job done only once. Similarly LIC agents gets Royalty Income for life time for Sale made once.
Job gets Easier & Less Demanding as Business Grows: As this is Business of Relationship and Good Customer Service. Once you have trusted customer base, you will get repeat Business and Referrals. Of course you have to work very hard during initial years.
You can Pass this Business to your next Generation as a legacy.
What we are looking for:
For this profession we want people who are not looking for where a path may lead….but who are looking for where there is no path, so that they can leave a trail.
We make ordinary people earn extraordinary wealth.
For more details on:
Domestic and foreign insurance companies have been allowed to set up IFSC
Domestic and foreign insurance companies have been allowed to set up IFSC Insurance Office in special economic zones (SEZs) if they meet certain conditions.
Regulator IRDAI's International Financial Service Centre Guidelines, 2015 state that all the Indian and foreign insurers who fulfil the conditions are eligible to set up IFSC Insurance Office (IIO) in special economic zones (SEZs).
They must obtain prior approval of Insurance Regulatory and Development Authority of India (IRDAI).
The firm must be in continuous operation for at least five years, and must have a satisfactory track record in respect of regulatory or supervisory compliance, say the guidelines.
A senior IRDAI official told PTI that as there are special provisions for conducting business in SEZ, the regulatory body felt the need for separate regulations.
For reinsurance business, the company should "demonstrate an assigned capital of Rs 10 crore which may be held in the form of Government Securities issued by the Govt of India or held as deposits with scheduled banks in India and shall be maintained at all times during the subsistence and validity of its registration under these guidelines".
In case of direct insurance, the Indian insurers (except a statutory body) may also establish an IIO to transact a specified direct insurance business in an SEZ.
vinay mohantyDENABANK LIC on Monday signed MOU provide insurance cover to its savings account HOLDERS UNDER PMJJBY
Dena Bank, the state-run lender, on Monday signed agreement with LIC (Life Insurance Corporation) to provide insurance cover to its savings account holders under the Prime Minister's Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJBY) scheme.
Under the Memorandum of Understanding (MoU), LIC will give a life cover of Rs 2 lakh in case of death of the insured person at a nominal premium of Rs 330 per annum.
Account holders in the age group of 18 to 50 years can avail of the product.
People who join the scheme before completing 50 years can continue to have the risk of life cover up to the age of 55 years subject to payment of premium.
The scheme will come into effect from June 1, 2015.
The bank customers can join the scheme between June 1, 2015 to May 31, 2016.
It is a very important step towards meeting the government financial inclusion plan.
This will increase the insurance penetration, Dena Bank Chairman and Managing Director Ashwani Kumar told reporters after signing the MoU.
LIC Chairman S K Roy said, "This represents version two of financial inclusion of India. This will help in expanding the life insurance coverage through banking channel. We have already signed agreements with two banks for this product. We are in discussion with our other partner banks and will complete (the process) in 10 days", he said.
Dena bank will have separate branches for claim settlement. The bank currently has 1.2 crore savings accounts and is targeting to extend the life cover benefit to all the customers.
# Bank of Maharashtra, LIC team up for PMJJBY
# IDBI Bank, LIC ink pact to offer PM Jeevan Jyoti Bima Yojana
Jeevan Jyoti Bima Yojana and Suraksha Bima Yojana, announced by government in the budget are likely to be rolled-out in May or June 2015
The two insurance schemes –Jeevan Jyoti Bima Yojana and Suraksha Bima Yojana, announced by government in the budget are likely to be rolled-out in May or June 2015. These two insurance schemes are not government-subsidized programmes.
Pradhan Mantri Jeevan Jyoti Bima Yojana is a life insurance cover. Under this policy, an individual will be covered for Rs.2 lakhs for an annual premium of Rs.330.
Pradhan Mantri Suraksha Bima Yojana is a personal accident cover. Under this policy, an individual will be eligible for Rs.2 lakhs cover for accidental death and full disability and Rs.1 lakh for partial disability for an annual premium of Rs.12.
vinay mohantyIRCTC is mulling to offer a new facility of baggage insurance for train passengers booking e-tickets
IRCTC is mulling to offer a new facility of baggage insurance for train passengers booking e-tickets on its website. Under this scheme, passengers can claim the insurance money in case of lost or theft of the baggage.
Valuable articles like laptop, mobile, etc will be covered as part of the travel insurance package.
Insurance premium will depend on the length of the journey and class of the journey. IRCTC has tied-up with New India Assurance for offering baggage insurance service to e-ticket customers.
10 Benefits of Aadhaar Card, Most Important Uses
10 Benefits of Aadhaar Card, Most Important Uses
Aadhaar program was launched in 2009 with a main objective to give universal identity to every resident Indian. However in the initial stages of enrolment people faced lot of difficulties such as technical snags, incorrect data displayed etc. and also the importance of Aadhaar card was unclear. But many of the issues were resolved and people can now get the card with much ease as its acceptance as a mandatory document for various initiatives has been officially made. In addition to this it will help in reducing the corruption since every individual carries only one unique number.
Benefits of Aadhaar Card
Listed below are the most important benefits of Aadhaar card and why it is must for every Indian moving forward…
- Aadhaar based Direct Benefit Transfer (LPG Subsidy): The 12 digit individual identification number on Aadhar card is used to get LPG subsidy amount directly in the bank account. This DBTL scheme is named as PAHAL. To get this benefit you need to visit your area’s distributor and get Aadhar number and 17 digit LPG consumer number. Although now you can get direct benefit transfer by linking bank account to the LPG number. Read more about PAHAL scheme.
- Jan Dhan Yojana: The guiness world record holder scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) accepts Aadhaar card/number as the only document sufficient to open the bank account. Although you open PMJDY account after producing other documents as well. The benefits offered are RuPay card, free zero balance savings account, life and accident insurance and many others. Read more on how to open PMJDY account with no valid documents.
- Passport in 10 days: This benefit of Aadhaar card will relieve you the most! If you have an Aadhaar card, you can get passport in just 10 days. Under this format, police verification will be done at a later date as opposed to the previous rule requiring police verification which used to be time consuming. Also under the new government’s rule, if you need a passport, Aadhaar number is compulsory.
- Digital Locker: Government of India has launched digital locker (DigiLocker) system for everyone for storing all personal document on the government’s server. Andsign-up process for DigiLocker requires person to link his/her 12 digit Aadhaar card number. Check out benefits of DigiLocker.
- Voter Card Linking: Starting 9th March 2015, Aadhaar card UIDAI number would be linked to the voter ID’s. This action is taken to eliminate bogus voters. Once
an Aadhaar number is linked, it would become impossible for an multiple voter ID card holder to make it’s illegal use, as registration requires voter card holder to
be physically present and produce Aadhaar card to the polling booth officer for linking. - Monthly Pension: All the pensioners from select states will now have to register their Aadhaar card number to their respective department in order to receive
monthly pension. This move was initiated as there have been fraudulent incidents as beneficiaries requesting pension were found to be fake. - Provident Fund: Similar to pension, provident fund money will be given to the account holder who’ve registered their Aadhaar number with employee provident
fund organization (EPFO). - Opening new bank account: Aadhaar letter provided by UIDAI is now acceptable by banks as a valid proof to open bank account. In fact, it can serve as an address proof as well provided address on Aadhaar card and address proof perfectly matches. i.e. no need to produce bunch of documents to the banks for opening the account.
- Digital Life Certificate: Aadhaar linked digital life certificate is another initiative which was launched by Department of Electronics and IT. Named as
“Jeevan Praman for Pensioners”, this system will end the process where pensioner had to be physically present at Pension Disbursing Agency to avail pension.
Instead all the details of pensioner will be accessed digitally by the agency. - SEBI: It is now accepted as a proof of address by Securities and Exchange board of India for investing in stock market. Till now, it was used by SEBI as identity proof.
Considering the increasing acceptance of Aadhaar card it is must for everyone to get it issued. It is believed that the card will further be given more importance as more and more government schemes are being launched requiring it as a mandatory document.
LIC) has signed a memorandum of understanding (MoU) with IDBI Bank to provide life cover under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
Insurance behemoth Life Insurance Corporation of India (LIC) has signed a memorandum of understanding (MoU) with IDBI Bank to provide life cover under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
PMJJBY is central government’s scheme. Under this scheme, Bank’s savings account holders will be eligible for life cover of Rs.2 lakhs for a premium of Rs 330 per annum.
vinay mohantyDance India Dance Season 3 March 24 '12 - Rajasmita kar, must see from raulkela ODISSA
rajsmita father mother
vinay mohanty
incase of cylinder explosion
HPCL website states all registered HP GAS consumers (having valid SV) are insured against the outcome of an accident at their registered premises due to LPG. Details are available with all the distributors and Customer Service Cell, In addition, HPCL has also taken a Public Liability Insurance Policy.
Valid SV stands for Valid Subscription Voucher.
The following are few simple tips:
01) Check with your LPG distributor on the requisites for a valid insurance claim.
02)Use only Original accessories which are ISI approved.
03)Request your dealer to do the maintenance check every year.
04)Preserve the maintenance check receipt.
05)In case of death due to explosion of gas cylinder, the victim's family has to appeal in the court demanding compensation
06)Insurance agents said it is very easy to get the claim — informs cops and gas agency, wait for survey by insurance officials and soon you will get the claim amount.
We Indian citizens have to create awareness amongst ourselves. No gas company or insurance company will create awareness. The main challenge in claiming the insurance amount is that the evidence has to be preserved till the survey by insurance officials. In the majority of the households, the scene of an accident is immediately cleaned up so that the routine life can go on.
vinay mohanty
manasik ullas kelia 2 minit dekhligia the vidio
Sugandha Mishra in her Didi avtaar at the 7th Royal Stag Mirchi Music
vinay mohantysave her/help her to reach her home
Dear friends
one oriya women aged38/40 is located by local people near temple,gopalapatnam(
when asked her she told that ,her name is Arudhati misra, w/o jitendra mahapatra, nimosahi, khurda, odissa, her father in law name is Rajendra mahapatra
her maternal home is Near akhani maa temple vill:Aradi, Bhadrak dt, odissa,
so she did know telugu from 4days she is steying at temple, so kindly pass on the massage or take appropriate action to join to her family
i send mail to khurda Superintendent of policy, khorda District collector,Cheap secretary Odessa but no use nobody is interested to save her
her photo attached
vinay mohanty
new plan 838 jeevan samrat , Jeevan Sagar Plan No. 839
Min SA 75000
Max no limit
age of entry 18-50
Combination of Moneybach+endoment+wholelife
15% after every 3years till maturity
Gaurnteed 50%return on maturity
lifelong insurance cover after maturity up to 100 years
term 12,16,20,24
Risk cover 150% times of Sum assured, inicialy, which will keep on increase every5 years 20%
vinaymohanty
Max no limit
age of entry 18-50
Combination of Moneybach+endoment+wholelife
15% after every 3years till maturity
Gaurnteed 50%return on maturity
lifelong insurance cover after maturity up to 100 years
term 12,16,20,24
Risk cover 150% times of Sum assured, inicialy, which will keep on increase every5 years 20%
vinaymohanty
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