We have produced an RNIS Ready Reckoner as a Insurance manual
for Marketing, New Business, Sales and service after sales including
all business insurance like Keyman, Partnership and Employee-Employer
insurance and insurance for NRI’s. We have taken the subject
for underwriting of female, handicapped and on the life of minor
children.Especially we have prepared a chart for special medical
and non-medical business, which is at a glance. For agents we
have elaborated for club membership, fringe benefits, MDRT and
corporate club.
The highlights are as under:
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Achievements and investments of LIC in 50
years in service of the nation.
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Revised underwriting for female lives, minor
children, handicapped life, minor life non medical scheme) .
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Table no. 41-50 along with cash option.
(Pg no. 106-109)
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In Jeevan Anand, factor for surrender after
maturity. (Pg 45-46)
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Discounted premium for 5 years-the rebate
is 5%. We have given the factor for ready calculation.
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Under all plans estimated maturity/ Yield
of all plans.
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Guaranteed addition for different plans.
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Money laundering, Term-Rider, CIR.
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Surrender value for Table No. 8, Table No.48,149
and endowment plans.
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Jeevan Suraksha the revised annuity rates
as on date as per New Jeevan Akshay V.
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Business comparison of all Insurers. (Pg
no. 462)
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Money Plus- the time is for ULIP, a market
oriented product. We have inducted for Deferred pension plan
(Market Plus) and Money Plus a endowment unit linked plan.
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Revival for 7 months. (Pg no. 86)
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Write-up on insurance for NRI’s.
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New Bonus rate for 2006.
The Ready Reckoner is in itself a complete
guide for the agent to serve the client and to earn for himself
like commission and other advantages. We always keep our Reckoner
updated for all current circulars and plans.
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