1

Agenda of Our Meeting

 A Brief on the Opportunity- Why You?

 Taking the Right Step
 Life Insurance Industry
 Shriram Group
 Shriram Life Insurance Journey
 Career Opportunity- The Right Profile
 Unlimited Earning Potential
3
Age has no bearing on Success

Born in 1911, Fauja Singh, is the oldest living athlete, who, at the
age of 100 years, created 8 world records in a single day.
He took to running at the age of 89 years and since then he ran

•
many marathons of >40 kms and had bettered many world
records for his age group.
Amitabh Bachchan, known as the angry young man of Indian
Cinema, ran into losses with his ABCL. To compensate, he started

•
his second innings with KBC and at 80+, he still competes with
the young generation and continues to mesmerize us with films
like Paa, Piku, Khakee, Aankhen, Black, etc.

Colonel Harland Sanders founded his global outlet of KFC at the

• age of 65, after enduring 1009 rejections for his KFC recipe.
His passion ensured KFC spread its wings across 115 countries
with more than 18000 outlets

At 75 Years, Yuichiro Miura, is the oldest person in the world to

•

climb Mt. Everest. Despite several surgeries, he is again aiming

to climb Everest at the age of 85 years, a commendable thought
Stalwarts of Insurance Industry
Ben Feldman is regarded as one of the greatest salesman in the
history of the world. He hailed from a city with 13k population
and started selling Insurance from 1941 until his death in 1993

•
In 52 years, he sold policies worth 15k Cr and drew an annual
commission of 8k Cr. Amazing fact is that 1/3rd of the policies
were sold after he crossed the age of 65 years

At 92 years, Lachman Das Mittal is the oldest Agent turned

•
Entrepreneur , who founded Sonalika Tractors that went on to
become India’s 3rd Largest Tractor Manufacturer with a net
worth of 230 Cr
Bharat Vadilal Parekh started his career as a Life Insurance

•
agent and achieved 24 COT & 20 TOT in the last 28 years
As an agent, his annual income is over Rs 4 crore, around four
times more than the annual salary of a Board Chairman

Surabhi Bhatnagar, a 12th class pass, from a remote background

in West Bengal had sold the highest number of policies with
•

Shriram Life Insurance- 1620 Policies in 18 month period with

the highest first year premium income of 2.48 crores
Take the right STEP

Business Opportunity

A Once a Life Time Opportunity

6
Life Insurance Industry- The right Step

• Insurance market in India is expected to reach 18 Lakh crore premium by 2027, poised to grow
at 18% YoY, from the existing 10 Lakh crore premium as on 2021
• India is the 9th largest Life Insurance market globally and the second largest of all emerging
markets
• In the next decade, India will become the sixth largest insurance market in the World
MARKET • Total insurance premium in India increased by 13.5% in 2021 as against a global average of 9%.
Taking the right SIZE
STEP

SECTOR
COMPOSITION

• In FY23, the New Business Premium of the life insurance industry grew at 17.91% with private
insurers accounting for 37% of the NBP of ~3.65 Lakh Crore
• Against the Industry growth of 17.91%, Shriram Life grew by 23% with a gross premium of
INDUSTRY 2553 Crores
• India’s insurance penetration was pegged at 4.2% in FY21, with life insurance penetration at
KEY FACTS
3.2% which is twice more than the emerging markets and slightly above global average.
7
Life Insurance Industry- The right Step
• 68% of India’s population is young and 55% of its population is in the age group of 20-59
(working population) and is estimated to reach 56% of the total population by 2025.
These point towards a young insurable population in India
• By 2030, India will add 140 Mn middle-income and 21 Mn high-income households which
will drive the demand and growth of Indian insurance sector.
ADVANTAGE
• The future looks promising for the life insurance industry with several changes in the
Taking the right INDIA
regulatory framework.
STEP ROAD AHEAD • Life insurance industry in the country is expected to increase by 15-18% annually for the
next 3-5 years.

INDUSTRY
Shriram Group- The Right Organization

Taking the right

STEP

1
ORGANISATION
ORGANIZATION
Shriram Group – The Indian Financial Conglomerate

Shriram Group is an Indian

conglomerate founded on 5th April
1974 by Shri Ramamurthy
Thyagarajan.

Shriram Group had its humble

beginnings in the Chit Fund
business five decades ago in
Chennai.

Shriram Group’s businesses strive to

serve the largest number of common
people through its pioneering and
Shri .R Thyagarajan, Founder Chairman of the Shriram Group, customized financial services.
receiving the Padma Bhushan from Honorable President Pranab
Mukherjee in New Delhi on April 5th, 2013.
10
Shriram Group Overview

Shriram Group, started in 1974, has been promoting Financial Inclusion of low-income families and small businesses.

Commercial
Vehicle
Financing Consumer
IT & BPO & Enterprise Enabling Customer Wealth
Common Man Solution
Creation & Prosperity

Engineering Life & General

Insurance
Shriram
People First Property
Group Financial Economic Inclusion
Development Product
Distribution

Industrial
Ventures Chit Funds
Stock
Broking
Shriram Group Financial Businesses

Enables customer wealth creation

Technology provider

12
Shriram Group Key Statistics

Branches Clients
> 4200 > 22 million

AUM Agents
> 2,26,000 > 1.5 lakh
Crore

Market Cap Employees

> 50000 cr > 80000

Profit Revenues
> 5360 cr > 100000 cr

13
Shriram Life Insurance- Our Purpose & Objective

Our Purpose is to bring

families into the safety
net of Life insurance.

It brings Hope & Promise of a Future

In the face of adversity.
To the People who need it the most .

12
Shriram Life Insurance- Overview

About Shriram Life

2006 #1
Profitableyears since Privatelifeinsurer-shareof  Shriram Life Insurance (SLI) commenced operations in 2006 as a joint
Inception(16/17 yearsprofitable) businessfrom rural1 venture between Shriram Capital and Sanlam Group

 Niche positioning with focus on mass market segment with

#8 customers having income between INR 1.5 – 5.0 lakhs annually
INR 2,553 crs
Rank byIndividualRegular
TotalPremium
Numberof Policy
 32 active products: 23 individual (4 linked and 19 traditional)
products and 9 group products

 Started as a south India dominant player and has expanded to pan-

#4
~7.2cr India operations through 18,969 agents and 423 offices
Non-bancadrivenprivatelife
TotalLives Insured
Insurer–policy count2  Strong presence in tier-II & III towns, especially through the touch-
since inception
All figures for FY22 points of the Shriram Group
Product mix (Total Premium) FY22 Channel mix (Total Premium) FY22

Group, 22%

Individual ULIP,
Individual Par, 29%
2% Open Market,
46%

Shriram eco-system,
15
Individual Non Par, 48% 54%
SLIC -Joint Venture with Sanlam Ltd.

A leading financial services group of South

Africa, registered on June 8, 1918.

A rich legacy of 103 years

One among the 50 largest internationally

active insurance groups in the world

Ranked among the TOP 3 market leaders of

Life Insurance across 11 African countries

Global footprints in 44 countries – India, 11

African countries, UK Switzerland, Australia
and USA
SLIC Key Milestones- A Snap shot

Started as a joint Incorporated in 2005 1st private life insurer

venture of the and started to report profits for
Shriram Group and operations in Jan 15 years out of
1 2 3
Sanlam 2006 16 years of operations

Cumulative Paid up Capital:

Solvency Ratio: Profit : 589 Rs.175 Crores
6 2.05 5 Crores 4

Total lives covered : Total individual new Assets Under

7.2+ crores (including business premium: Management
7 group insurance) 8 Rs.6900 Crores 9 (AUM) :
Rs. 9011Crores

17
SLIC COMPANY OVERVIEW FY 22-23

Gross Premium Total New Group NB Ind. NB Renewal

Business
21% 22% 31% 23% 10%
Growth
2553cr Growth
1078cr Growth
494cr Growth 649cr Growth 1393cr
Investment
Acc. Profits AUM
Income

589cr 21% 9011cr 35% 528cr

Growth Growth

59.0% 97.2% 2.05 98,89,265 423

13th month Claims Solvency Inforce lives branches
persistency Settlement Ratio

18
KEY HIGHLIGHTS OF FY 22-23

AUM
grew at 21% 9,011cr
Value
Profit
grew at x3 106cr

Premium Industry growth

Business grew at 21% 2,553 cr 15%

Growth
NOP 2.9 lakhs Industry growth

grew at 8% 3%

19
SLIC has demonstrated its purpose of supporting families
across India when it was most needed

20
Shriram Life – Customer segment and focus
To bring every family, in the segment of Indian society most
SLIC PURPOSE: vulnerable to the financial impacts of the loss of a breadwinner,
into the safety net of Life Insurance

Purpose should be demonstrated, not just spoken

Shriram Life – Customer segment and focus

SLIC is the only private insurance company focusing on the household income range of 1.5 – 5 lakhs

Indian

45%
Households
in the income
range 1.5 - HIGH
5 lakhs and largely POTENTIAL :
ignored Largest
protection
gap in this
SLIC : segment
• No. 1 non-bank supported private company in the rural space
• Lowest ticket size in the private sector Rs. 19,000
• 20 lakh+ lives touched so far
SLIC has the highest rural focus in the industry at 45%

% of business from Rural India % of policy coverage from Social Sector

Rural NOP Mix % Social sector NOP Mix %
Banca led life insurer1
Banca led life insurer1

44.0% 62.4%
Non-banca led life insurer
Non-banca led life insurer
38.4% 37.8%
36.6%
33.7% 33.0%

25.3%
23.6% 31.9%
22.4% 22.0% 21.8%

23.2%

12.5% 12.1% 11.4%

8.6% 8.6% 8.2%
6.8% 6.8% 5.8%

Shriram Life Insurance Company Ltd. Edelweiss Tokio Life Insurance Pramerica Life Insurance Company PNB Metlife India Insurance Star Union Dai-ichi Life Insurance Bharti AXA Life Insurance Company Future Generali India Life Insurance Reliance Nippon Life Insurance Aviva Life Insurance Company India Canara HSBC OBC Life Insurance IndiaFirst Life Insurance Company Ageas Federal Life Insurance
Shriram Life Insurance Company Ltd. IndiaFirst Life Insurance Company Ltd. Reliance Nippon Life Insurance Star Union Dai-ichi Life Insurance PNB Metlife India Insurance Company Canara HSBC OBC Life Insurance Bharti AXA Life Insurance Company Ltd. Aviva Life Insurance Company India Ltd. Ageas Federal Life Insurance Company Edelweiss Tokio Life Insurance Company Future Generali India Life Insurance Company Ltd. Ltd. Company Ltd. Company Ltd. Ltd. Company Ltd. Company Ltd. Ltd. Company Ltd. Ltd. Company Ltd.
Company Ltd. Company Ltd. Ltd. Company Ltd. Ltd. Ltd. Company Ltd.

“Rural Sector” means an area has a population of less than 5,000. “Social Sector” includes unorganised sector, informal sector, economically vulnerable or backward
classes and other categories of persons, both in rural and urban area

SLIC caters to the segment with highest protection gap in India & having one of the lowest ticket size (INR 19,000) in the industry to protect family in
the lower income segments through the safety net of life insurance.
SLIC has built a profitable business while serving the mass market
Customers include farmers, self-employed, truck owners and drivers who are predominantly based in rural India & generally first time
Insurance buyers with annual income group less than 4 lacs

Entry Barriers in the Rural Segment SLIC’s Approach for the Rural Segment

• Leverage Shriram Group presence: One of India's largest Financial Groups having 4,000+ branches &
Challenging
operating 80000 employees with strong rural presence
environment • Competition faces challenges in developing projects & distribution solutions to serve this market

High operating • Low cost operating model by recruiting local sales force & local know how
cost & low
• Product pricing factoring in lower ticket size (less than INR 25,000)
ticket size

Low persistency • Customized traditional insurance products suited for needs of farmers and seasonal income group
due to Seasonal • Product pricing factoring incumbent persistency levels and initiatives to boost the same
fluctuation

• Initiatives like ‘We Care’” with aim to create early relationship with customer via education on
Low literacy
policy benefits through calls
rates in rural
India • Simplified products for ease of understanding
SLIC Footprint across India

North 95
DELHI 4
HARYANA 9
1
HIMACHAL PRADESH 1 6
PUNJAB 6 5
RAJASTHAN 9 9 1
UTTAR PRADESH 61
4
9 61 East 126
UTTARAKHAND 5 3 ASSAM 3
34
ARUNACHAL PRADESH 1
1 30 15 21
BIHAR 34
CHATTISGARH 16
West 42 16 JHARKHAND 15
GUJARAT 1 36 ORISSA 36
MADHYA PRADESH 30 15 WEST BENGAL 21
MAHARASHTRA 11 32
South 160
4 48 KARNATAKA 4
KERALA 14
SLIC has 423 branches across India. In addition a 2 PONDICHERRY 2
60 TAMIL NADU 60
network of over 4000 offices of the Shriram group 14 TELANGANA 32
ANDHRA PRADESH 48 25
Shriram Life – product and processes
Diverse product offerings for all customer requirements

• Cash Back Term • Premier Assured Benefit • Genius Assured Benefit • Super Income Plan
• Family Protection • Early Cash Plan • Growth Plus • Immediate Annuity Plus
• Cancer Care • Assured Income Plan • Fortune Builder • Golden Premier Saver
• Assured Savings Plan
26
Shriram Life – product and processes
Diverse product offerings for all customer requirements

Product mapping to customer needs and income

Upper Middle 8L+
Family Income
p.a Early Cash Plan, Premier Assured Super Income Plan, Premier Assured
Benefit Rider,
(Premium 50k and Golden Premier Benefit, Growth Plus Pension Plus, Benefit– Life Plus
Accident Benefit
above / SA 75L and Saver Assured Income Plus Immediate Annuity Cover option
Riders
above)

Middle Upto 8L p.a Assured Income Plan,

Early Cash Plan, Super Income Plan,
(Premium < 50k p.a ADB,FIB,EIC & CI+ Assured Income Plus, Growth Plus
Golden Premier Pension Plus, New Shri Vidya
/ SA <75 L) Riders Assured Advantage
Saver Immediate Annuity
Plus

Emerging Middle CBTP, FPP plans Assured Income Plan,

upto 3L p.a ADB, FIB, EIC & CI+ New Akshay Nidhi, Wealth Plus,
POS Assured Savings Immediate Annuity New Shri Vidya
(Premium < 25k p.a Riders New Shri Life Fortune Builder
Plan
/ SA < 25L)

Low Income < 1.8L

CBTP, SPP plans
p.a New Akshay Nidhi, POS Assured Savings New Shri Vidya
ADB, FIB, EIC & CI+ Wealth Plus WIP
(Premium < 15k p.a New Shri Life Plan
Riders
/ SA < 15L)

Ticket Size / Market Wealth Creation Wealth Creation Planning for Child’s
Protection Wealth Creation Retirement Planning
Segment Participating Unit Linked Future
Guaranteed

SA for Term, Premium = APE for Savings

Innovative Journey- Customer Focused Digital Initiatives

28
Innovative Journey- Customer Focused Digital Initiatives

80% of total
proposals logged
through ASTRA

Key Components of ASTRA Mobile app

Ease of Doing Business

Login New Business Renewals Team Building Calculators

Proposals
Support

My Product
Business My Profile My Leads
Earnings Snippets
dashboard

Underwriting Wallet
 Operations initiative for an end to end
contactless policy sourcing from existing
customers

29
Best Customer Service

CUSTOMER  We Care : Customer Handholding Process

CONNECT  Pictorial KFD
 Bilingual Policy Bonds in 9 languages

CLAIMS
 91% non-early claims settled in 12 hrs
 Bilingual claim forms

WEBSITE  Customers can request for their medical reports

through the customer login from the website
 Bilingual policy servicing forms in 9 regional
languages

 Digital payment methods adopted along with NACH

TECHNOLOGY  WhatsApp customer service
 Customer application and Virtual assistance
30
Embracing New Age Technologies- Ease of Customer Service

31
SLIC Leader Ship Team

Casparus Manoj kumar Karanam Sekhar

Kromhout Jain MD
MD & CEO MD Prev Exp/SLI: 30+/1+
Prev Exp/SLI: 28+/10+ yrs Prev Exp/SLI: 31+/9+ yrs yrs

MBA Stellenbosch MBA, Marketing Commerce Graduate

University

Brahmaiah Ajit Banerjee Johannes S.P. Raghunathan

Telaprolu Chief Investment Officer Helsdingen Chief Underwriter
Chief Financial Officer Prev Exp/SLI: 30+/2+ yrs Appointed Actuary Prev Exp/SLI: 54+/27+
Prev Exp/SLI: 31+/2+ yrs Prev Exp/SLI: 21+/5+yrs yrs
FCMA – UK
Chartered Accountant Institute of Actuaries, UK Fellow – Insurance
Institute India

32
SLIC Awards & Recognition

33
Taking the Right Step- Profile

BECOME A SALES OFFICER WITH SHRIRAM

Taking the right

STEP

PROFILE
Profile- The Right Decision- Explore your Network

Together
Everyone
Taking the right
STEP Achieves
More
PROFILE
Agent Foot Hold- Indian Insurance Market
Success Stories of People developing their Networks

Gideon Du Plessis, a class 10th drop

out, is the highest earning insurance
agent in the world, earning close to 7
crore per annum, with a simple mantra
of meeting 8 clients a day to sell a
minimum of 2 policies a day

Sonu Sharma, known as the God of

Network Marketing in India, has
transformed himself from a Network
marketer to a Speaker, Educator, You
Tuber, all by leveraging his social
• India has a total of 26+ lakh active agent force of which there are contacts
around 6 lakh woman force
• The agent to population ratio is 1:550, which signifies the enormous
potential for the agents to tap the market
Faisal Shaikh, a graduate from
• Continuous growth in the number of agents for the past 5 years
Mumbai has a staggering 28 Million
• The overall growth in FY 23 is at 8%, where, the Private Sector grew
followers in Instagram and Youtube,
by 15%, while LIC grew at 2%, indicating a shift of options
the popularity of which is now being
• Digitalization and other innovative measures taken by the private
leveraged to shoot films
insurers is ensuring more flexibility for agents to operate
Identify your Network Potential
Maximizing your Network Potential- Sample Illustration

Mr Ram works in a Mr Ram decides to explore his Mr Ram decides to explore his
Company and is network and sell 2 policies a network and sell 4 policies a
paid Rs. 100 per month of 50 K total month of 100 K total
hour
For the business, he is paid an For the business, he is paid an
initial commission of 30% initial commission of 30%
Earnings of Ram Commission Earnings: Commission Earnings:
100 x 8 hours = 50000 x 30%= Rs 15000 100000 x 30%= Rs 30000
Rs 800/ Day=
24000/Month

Limited to Self Additional Income-63% Additional Income-125%

Higher the Network Utilization, Higher would be the Earning Potential

Become a Crorepati in __ Years with Zero Investment
You determine your own time to become a Crorepati
Investment Needed to become a Crore Pati in Years
 At 8% ROI, it takes 15 years to become a
SIP/Month 5% 6% 8% 10% 12% 15%
Crorepati, if you invest 25000 a month
2,000 62 54 55 38 33 28
 Or Invest 30 Lacs lump sum @ 8% for 16
5,000 45 40 33 29 25 22
years
10,000 33 30 26 22 20 17

15,000 27 24 21 19 17 15
How about becoming a
Crorepati in 12 Years 20,000 23 21 18 16 15 13

with ZERO Investment? 30,000 17 16 15 13 12 11

EAGER TO KNOW?
Investment Needed to become a Crore Pati in Years
Lump sum 5% 6% 8% 10% 12% 15%
1,00,000 94 79 60 48 41 33

5,00,000 61 51 39 31 26 21

10,00,00 47 40 30 24 20 16

20,00,00 33 28 21 17 14 12

25,00,00 28 24 18 15 12 10

30,00,00 25 21 16 13 11 9
What you need to do to become a Crorepati
Have Passion to create a Parallel source of Income

01 03 05

Identifying potential clients for Personalized meetings with To ensure continuity

sourcing life insurance business clients for providing customized of policies through
through natural market life insurance solutions basis Self & referral
/Referrals/ COI. the clients needs network

Understand the
Company/Product/Customer/ Provide LI solutions & Source
Competition to solicit new policies
business from the primary or Provide excellent customer service
secondary network to clients

02 04
40
The Payouts- The rewards of your efforts

Sales Officer (SO)

Unique Features:

• Offers one of the unique model

with highest payout in the
Industry
• Annual Bonus, a one of its kind
program in Industry
• Several enablers like My Coach,
Astra to support your business
• Offers dedicated support for
Operations & Training
requirements

41
Commission & FMI Emerging Star Payout

Basic Minimum 3 Lives with 1 Lakh Collected Premium irrespective of

Commission number of policies, within 90 days from DOJ
(As per product Rewards
structure and
guidelines)

Fixed Monthly
Incentive
(Based on rolling 12
months performance,
payable on Self
Business only for the
next 12 months).

Note: FMI will be paid on

42
WRP and Lives on monthly
basis with one month lag
SO Club Membership Program

State Club

National Club

ClubMembership Program Asian Club

The Most Prestigious Membership
Program for the Elite Partners
Olympic Club
The Payouts
SO Club Membership Program

Period: April’23 to March’24

*Monthly Payout will be paid from April’24 to March’25 subject to the SO being active atleast once in a quarter
44
(min. CP of 15000) from April’24 to March’25; Else the amount will be clawed back after quarterly reconciliation
 Sales Officer (SO)
Payout Sample Illustration

 Apart from these payouts, SO will be eligible for other contests

 These payout are subject to qualification of respective criteria 45
 Max. commission would be 30% basis product
Long Term Earning Potential- Unlimited

163 Lacs

Earnings of Mr. Anil 104 Lacs

Business per week : 1 Policy
Business per month : 4 Policies
Premium per month : 80,000
(Standard Premium considered for
all policies is 20,000) 57 Lacs

Total Earnings illustrated is inclusive 22 Lacs

of Max 1st year commission @ 30%
+ Renewal commission @ 5% + FMI 3.5 Lacs
(as per company policy)

1 yr 5 yrs 10 yrs 15 yrs 20 yrs

* Disclaimer : Above example is for illustrative purpose only. 46

Earning Potential – Self Sourced
* Disclaimer : Below example is for illustrative purpose only
PARTICULARS Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20
NOP per month 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4
NOP per year 48 48 48 48 48 48 48 48 48 48 48 48 48 48 48 48 48 48 48 48
Average Premium 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000
Total Annual 960000 960000 960000 960000 960000 960000 960000 960000 960000 960000 960000 960000 960000 960000 960000 960000 960000 960000 960000 960000
First Year Commission 288000 288000 288000 288000 288000 288000 288000 288000 288000 288000 288000 288000 288000 288000 288000 288000 288000 288000 288000 288000
FMI Average 70000 70000 70000 70000 70000 70000 70000 70000 70000 70000 70000 70000 70000 70000 70000 70000 70000 70000 70000 70000

2nd year renewal 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000

3rd year renewal 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000

4th year renewal 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000

5th year renewal 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000

6th year renewal 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000

7th year renewal 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000

8th year renewal 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000

9th year renewal 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000

10th year renewal 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000

11th year renewal 48000 48000 48000 48000 48000 48000 48000 48000 48000 48000

12th year renewal 48000 48000 48000 48000 48000 48000 48000 48000 48000

13th year renewal 48000 48000 48000 48000 48000 48000 48000 48000

14th year renewal 48000 48000 48000 48000 48000 48000 48000

15th year renewal 48000 48000 48000 48000 48000 48000

16th year renewal 48000 48000 48000 48000 48000

17th year renewal 48000 48000 48000 48000

18th year renewal 48000 48000 48000

19th year renewal 48000 48000

20th year renewal 48000

Total Commission for 20 Yrs. 358000 406000 454000 502000 550000 598000 646000 694000 742000 790000 838000 886000 934000 982000 1030000 1078000 1126000 1174000 1222000 1270000
First Year Commission @ 30% & Renewal Commission @ 5% Renewal Commission Exceeds First Year Commission
Projection of Earnings - 10 to 20 Years

Earning 10 Years 15 Years 20 Years

Parameter

1) NB - Premium 96,00,000 1,44,00,000 1,92,00,000

2) 1st Year Commission 28,80,000 43,20,000 57,60,000

3)Renewal Commission 21,60,000 50,40,000 91,20,000

4) FMI 7,00,000 10,50,000 14,00,000

5)Total Earnings 57,40,000 1,04,10,000 1,62,80,000

* (Disclaimer (for illustrative purpose):

Considering 1 Policy per Week , i.e., 4 policies per month at an average premium of Rs 20,000.
First Year commission @ 30%, Renewal Commission@ 5 % & Fixed Monthly Income 48
Earning Potential - New Business Sourced for 5 Years only

54.38

41.90

32.30
Income Continues
to accumulate till
22.70
the last renewal of
the policies
sourced

05 yrs 10 yrs 15 yrs >20 yrs

* Disclaimer : Above example is for illustrative purpose – PT of policies @ 20 years

Unique Benefits on Offer

Own working
hours Noble Profession You
provide support when
needed the most
Earnings – Can
write your own
Cheque Training Support
To excel in the
Market
Own
business
with zero Provide Job to
investment Others- Earn through
50 their earnings
Job Fulfillment

Earn Respect & Good Wishes by being You SUPPORT, You GUIDE, In the absence
a part of this Noble Profession of bread winner, when it matters most,
SLIC Value Proposition Best in the Industry

Basic
Commission-
FYC & Additional Pay-
Renewals outs on Club
Qualifiers The Best In Class
Guidance &
Training Support

Foreign Trips Rewards &

with lowest Recognition
qualifying
targets 52
SLIC Value Proposition
We Provide the Best Ecosystem to Build a Long-term Business

SO Support Centre
Branch Operations

(Seamless transition from

proposal submission to claim
settlement)
Spinning your Abilities to Succeed
Be a One Stop
financial solution provider
Earn Respect for being in
a Noble Profession

Use your potential

for
Sustainable
What more Parallel Income
can you do?

Create
Legacy income
as shield against
rainy days

Expand your Increase

Customer base Customer loyalty
Looking forward to Partner with YOU

Partner with us in
taking forward our
purpose of bringing
families into the
safety net of Life
Insurance
Need the following to be a part of Shriram Family

Aadhar Card Cancelled

Cheque / Bank
passbook copy

PAN Card

56
57