Golden Trust Financial Services (GTFS)

Sunday 26 August 2012

Golden Trust Financial Services (GTFS)

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GTFS Multi Services Limited

A brief introduction

A Company With A Mission To End Unemployment In This Country By Providing Self Employment Opportunities To The Youth And All Needy Persons By Providing Life, Health And Accident Insurance To More Than 1.6 Billion Indians during Last Decade.

A Company Established on 1^st November 1995 (under Companies Act of 1956) and

Registered with IRDA in 2000, was converted into a Public Limited Company In 2005.

In A Mission To Make Insurance Available To Each Household In The Country And Provide Them with Risk Cover For Their Health, Accident And Life Benefits Has Opened More Than 270 Branches In 22 States And 3 Union Territories And Has An Expansion Plan Of 2000 Branches In Next Few Years To Cater To The Needs Of The Millions Of People.

Golden Trust Financial Services established by Shri Bhavesh Majumdar on 1^st November 1995 under Companies Registration Act 1956.
Registered with IRDA as Corporate Agent in 2000
Established as Public Ltd Company on 8^th March 2005
Board of Directors

Shri Deepak Rudra IAS (Retd.)( Chairman)- Ex CMD of UCO Bank
Dr. Sen Gupta- Ex- Chairman General Insurance Corporation of India
Shri G N Vajpayee- Ex- Chairman LIC and SEBI
Shri. Sunil Shastri, Ex- Cabinet Minister, UP, Ex- MP
Shri Vasudev Sen, Ex- Director, UTI
Shri Nitish Sengupta IAS (Retd.)- Ex- Finance Secretary, Government of India
Shri Kumud Bhattacharya
Shri Nikhil Mohan
Shri Bhavesh Majumdar, Managing Director, GTFS

Benefits of Joining GTFS.

Commission ( overriding commission)
Salary, Conveyance, Incentives, awards, rewards, etc
Prizes ( Wrist watch, Two wheeler, Four Wheeler, Foreign Trip, etc)
Gift ( briefcase, Mobile, Suit length, Laptop and many other items)
Rupees one lakh free insurance (Personal Accident Poilcy) which increases according to rank through out your career.
Development Allowance (Rs 25000 every six months from C-IV to C-IX, Rs 50,000 C- X to C- XII, Rs 75000 from Chief CO-I to Chief CO – XIII Rs 1.00 lakh from Chief CO-15 to 27)
Assured Retirement Benefits- Rs 7 lakh after 7 years, Rs 14 lakh after 14 years and Rs 21 lakh after 21 years
Pension of Rs 25000 to Rs 3 lakh per month after 7 years based on your performance.

How Can I Join The Self-Employment Movement?

All people above the age of 18 can become a business partner of this great venture by joining as Junior Coordinator. You Can Call On Any Of Our Coordinator Nearest To You (More Than 7,50,000 Coordinators All Around The Country At Present) Along With Two Passport Size Photographs, Your Identity Proof, Address Proof, Etc. A Token Registration Fee of Rs 600+50 Only is charged (For Issuing an Identity Card and Business Starter Kitbag, forms, book(s), etc) You Are Ready To Start Your Golden Journey Of Self-Employment. With One Licence You Have The Opportunity Of Dealing In Varied Products Of Different Insurance Companies Which Are Approved By IRDA (Insurance Regulatory And Development Authority) Appointed By Government Of India.

Wide range of products: Life insurance, General Insurance (Personal Accident (PA) Policies), Mutual fund, Health Insurance, Gold Saving Scheme, Textile (Suit length),etc

Life Insurance

L IC Of India
Bajaj Allianz
Reliance Insurance
Future Generali
Max New York

General Insurance/Personal Accident Policy/ Mediclaim

Reliance General Insurance

Health Insurance

Star Health
Reliance Mediclaim cashless policy

Mutual Fund

Reliance Mutual Fund, Systematic Investment Plan(SIP)
Om Kotak Mutual fund

How Much Minimum Business I Should Generate To Continue In Business?

For Non Life Policies, mutual funds, etc a minimum of Rs 7500 within six months and For Life Insurance Policies a Minimum of Rs 30,000 Only Irrespective Of Number of Lives insured Or Policies. There is no upper limit. There are special prizes for achievers of collection of Rs 1 lakh, 2 lakh, 3 lakh and above.

Frequently asked questions (FAQ)

What one aims for in life?

Money, Name and fame

How can I get it?

By joining GTFS as Junior Coordinator

2(a) Why should I join GTFS?

For Career, salary, benefits, future prospects, etc.

What I need to do?

You have to sell insurance products, mutual fund, etc for a minimum amount of Rs 30,000 to a maximum of any limit you can achieve that too for just 6 months.

After that…?

You would be promoted as Coordinator and then you have to motivate others to do the same what you had done.

Is that so...? It seems to be very simple...!

Yes, that is all you have to do…

How many Junior Coordinators I have to motivate?

A minimum of 4 and maximum of 50 people.

7. It seems do interesting. Can you explain me the career structure?

There are 42 posts/designations with higher benefits and remuneration at each stage.

A. Junior Coordinator

B. Coordinator

C. Coordinator I

D. Coordinator II

E. Coordinator III

F. Coordinator IV

G. Coordinator V

H. Coordinator VI

I. Coordinator VII

J. Coordinator VIII

K. Coordinator IX

L. Coordinator X

M. Coordinator XI

N. Coordinator XII

O. Chief Coordinator I (similar structure upto level 42)

8 How much I can earn by joining GTFS?

Sky is the limit. GTFS gives you assured benefits of salary, commission, conveyance, gifts, rewards, promotion at every stage of your career. You can win, Two-wheeler, Car, .etc by just achieving the targets in addition to all above benefits. It gives you guaranteed retirement benefit of Rs 7 lakh ( after 7 years) Rs 14 lakh (after 14 years) and Rs 21 lakh ( after 21 years) in addition of minimum pension of Rs 22500 to 3 lakh per month after 7 years based on your individual/team effort. On an average each successful member of GTFS earns a minimum of Rs 5 crore in 21 years.

9. Are you sure? Can I get all this?

Yes. More than 50,00,000 people at different stages are already getting all these benefits.

10. How much money should I invest to join this business?

There is no investment, We need your commitment, devotion and time to make yourself successful and help others to do the same. You can join with Rs 650( Rs 600 for joining/registration fee for licence and Rs 50 for stationery items), two passport size photograph, copies of address proof, Identity proof, etc with the help of a Coordinator from GTFS.

You will be issued a business starter kit with career structure, insurance proposal forms, etc.

11. Would I get any training or help from my seniors/coordinator?

We believe in all for one and one for all principle. You would get all support and training from your coordinator and all his seniors to achieve all success in the career. It is working on network concept with everyone getting some or the other benefit from association with each other.

Some important points

· Top 10 prize: Top 10 Junior Coordinator, Coordinators of each branch would be awarded on the basis of premium collection by them

· Top 20 prizes: Top 20 collections of premiums from all branches by all ranks would be awarded.

· Top 3 Prizes: Top three collectors from all branches would be sent on foreign tour by the company( GTFS).

Awards/ Rewards/salary/commission at various stages at various stages of career.

Details of various cades in the career in GTFS

Junior coordinator:

The first step in long journey of 21 years of the Golden career of GTFS Where one decides how his future would be. As he/she is his/her own boss they can set their own targets according to their own capacities and capabilities. Smaller the target smaller the achievement in the long run.

Minimum target is like pass mark for qualifying each stage of your career and successful persons always aim high and set higher targets for themselves to outshine others.

Minimum Targets are

Rs 30,000 collection in life policies.

Rs 15 000 in Non-life policies.

You set your own target.

GTFS encourages its Jr. Coordinators to set high Targets for themselves and announces rewards and prizes for achievers from time to time.

This stage being the first stage of your career and only place where you could decide how much income in future will be.

As selling Insurance (Life, Non-life), Mutual funds, Medi-claim, etc products are done only at this stage. Higher the sale of product higher would be your returns in the form of commission, salary, rewards, gifts, etc.

We suggest that each Jr. Coordinator sets a minimum Target of Rs 2.5 lakh in six months so that when he is promoted to next stage( as Coordinator) he/she gets Rs 2500 per month as Conveyance/salary( @1% of collection) in addition to commission on the policies sold by him/her laying a strong foundation for his career.

The career span at GTFS is for 21 years with 42 stages with promotions every six months to next level on completion/achievement of minimum target level.(Please refer the Career chart supplied along with your kit).

Your career is broadly divided into three phases initially

Collection –collection of premiums by selling the policies as Jr Coordinator

Selection- by selection of suitable persons with zeal and enthusiasm to work as Jr. Coordinators in your team when you are promoted as Coordinator.

Coordination- when you are promoted as Coordinator- I, help your team to set their targets and achieve them by coordinating with them at each stage organising meetings, training sessions, etc with the help of seniors. At C-I you act as a bridge between your team and Seniors.

These initial three stages are called the production stage where all the business of your team is generated and this stage is the foundation of your multi-storey structure of your Golden career.

What are the qualities of a successful Jr. Coordinator?

Jr. Coordinator is also referred as AGENT/ Advisor (in Insurance business)

“A” STANDS FOR AGILITY, ACTIVE, Acquiring knowledge

“G” FOR Gentle, Genius, Go-getter

“E” Enthusiastic, Educated, Etiquette

“N” for Natural, Needy,

“T” Thoughtful, Tireless, Time devoting

He /She should always be in contact with

Company- GTFS for the products that are available and newly introduced by the company

Seniors- to get proper knowledge about the career, training about insurance products and selling techniques
People – to promote and sell the product ( insurance and other products of the company)

This contact programme should continue during entire career to improve the knowledge and get latest information, developments that are taking place around us, building a large team of his/her own network for achieving highest targets.

Collection (in Rs)	Amount of incentive per month (for six months)
30000	300 per month
250000	2500 per month
500000	5000 per month

If you achieve Rs 500000 collection, you are awarded an advance of Rs 30,000 to 40,000 for purchase of a two-wheeler in addition to above incentive.

Coordinator:

The foundation stone of the company, who builds the career graph of his down line(Junior Coordinators) by helping them to achieve their promotion targets. Each Coordinator must recruit maximum number of Junior Coordinators (upto 50 Jr. Coordinators) under him so that maximum people get the opportunity to make their own destiny. Your efforts should be to get maximum number of Junior Coordinators under you promoted to next level i.e. Coordinator within six months to achieve your promotion as Coordinator I. You have to achieve a minimum promotion of four of your Jr. Coordinators as Coordinators to receive a conveyance incentive of Rs 100 per month per promotion, in addition to commission on their collection of premium.

No of Jr Coordinators promoted	Incentive @ Rs100 PER MONTH
5	500
10	1000
20	2000
50	5000

From C-I to C- XII your work is mainly to help in recruitment of Junior Coordinators in your group, provide training, motivation and help them achieve their targets.

We work on a concept of community building where each one of us helps each other and we grow together. The networking concept helps us to create additional hands to generate more strength to achieve higher goals in our life, career which leads to name, fame, status, etc.

One can achieve the following

Total receipt as commission + salary + incentive = Rs 17, 32, 15, 69,000

I Retirement = Rs 7, 00,000

One four wheeler worth Rs 3, 00,000 = Rs 3, 00,000

Total = Rs 17, 32, 25, 69,000

In addition to this Rs 22,500 to Rs 40,000 per month as pension for next seven years and Rs75000 every six month 13 times

II Retirement after 14 years = Rs 14,00,000 + four wheeler worth Rs 5,00,000 and Rs 1,00,000 every six month 13 times

III Retirement after 21 years = Rs 21,00,000 + four wheeler worth Rs 8,00,000 and Rs 1 lakh per month to fit persons as salary.

Minimum savings = Rs13, 50,000 after 7 years

Rs14, 00,000 after 14 years

Rs 21, 00,000 after 21 years

75000x13 Rs 9, 75, 000

100000x13 Rs 13, 00,000

Four wheelers Rs 13, 00,000

Total savings Rs 84, 25,000

7 years 14 phases 14 Ranks @ 6 months per phase/ per promotion

Illustration of progress@ minimum 33% at each stage of career.

( this is only an illustration actual figures depend on your work)

S. No	Rank	Collection	Team members	% commission	Commission amount	Development incentive	Salary		Total
1	Jr. Coord	30000	1	8.00	3000
2	Coordinator	120000	4	2.50	3000		300x6	1800
3	Coordinator-I	300000	10	1.00	3000		400x6	2400
4	Coordinator-II	600000	20	0.75	4500		800x6	4800
5	Coordinator III	750000	25	0.50	3750		1200x6	7200
6	Coordinator IV	930000	31	0.50	4650	25000	2000x6	12000
7	Coordinator V	1830000	61	0.50	9150	25000	2500x6	15000
8	Coordinator VI	3660000	122	0.50	18300	25000	3000x6	18000
1. 9	Coordinator VII	6090000	203	0.50	30450	25000	3500x6	21000
2.	Coordinator VIII	9120000	304	0.50	45500	25000	4000x6	24000
3.	Coordinator IX	13800000	460	0.50	69000	25000	4500x6	27000
4.	Coordinator X	18000000	600	0.50	90000	50000	5000x6	30000
5.	Coordinator XI	21600000	720	0.50	108000	50000	5500x6	33000
6.	Coordinator XII	31500000	1050	0.50	157500	50000	6000x6	36000
					549800	300000		2,32,200	10,82,000

You get Rs 7 lakh as first retirement, in addition to 2 two wheelers worth Rs 30,000 and Rs 50,000, two four wheelers worth Rs 3 lakh each and a pension of Rs 75000 to 1.00 lakh per month.

After 14 ranks and 7 years I Retirement - Rs 7 lakh and Rs 75000 every six month (13 times)

Pension per month @ Rs 22500 to Rs 3 lakh depending upon size of the team

II retirement of Rs 14 lakh after 14 years and Rs 1 lakh every six months (13 times)

III Retirement of Rs 21 Lakh after 21 years. In a Career span of 21 years GTFS pays to its business partners a sum of Rs 67,75,000 in cash/Cheque in addition to numerous benefits like Two wheelers, four wheelers and other benefits worth around Rs 50 lakh inform of awards and rewards.

There are two sessions/phases every year I Phase January to June and II Phase July to December.

Minimum quota/target to be achieved for promotion to next stage

S. No.	Level	Collection	No of minimum promotions in down line
1	Jr. Coordinator	30000
2	Coordinator	60000	4 Jr coordinators to Coordinator.
3	Coordinator-I	75000	3 Coordinators to C I
4	Coordinator-II	150000
5	Coordinator III	337500
6	Coordinator IV	749250
7	Coordinator V	1498500
8	Coordinator VI	2502495
9	Coordinator VII	4254242
10	Coordinator VIII	7019498
11	Coordinator IX	10037882
12	Coordinator X	12547353
13	Coordinator XI	15026824
14	Coordinator XII	20025576

This graph is only an illustration of having four persons join at each level during seven years. You have a down line of 67108864 members.

You have a minimum Total receipt as commission + salary + incentive = Rs 17, 32, 15, 69,000

Rs One thousand seven hundred thirty two crore (Trillions), fifteen lakh, sixty nine thousand only.

Details of products/policies.

Life Insurance Corporation

Table No	Name of the policy	Min./Max Age at entry	Minimum Amount of Investment	Details of plan
14	Endowment	18-50		Simple benefit of risk cover and assurance.
88	Jeevan Mitra(Double Cover)	--do--		Double benefit of the sum assured in case of death and triple benefit on accidental death.
89	Jeevan Saathi	20-50		One policy for Husband And wife.
91	New Jana Raksha Plan	18-50		For people who do not have regular income.
149	Jeevan Anand	18-50(for 16 yrs term) 18-49(21 yrs)		One sum assured at the end of maturity period and another after death of insured to the family
165	Jeevan Saral(ATM)	18-49		Any time withdrawal after 10 years of the plan without any loss.( are turn of 250 times on monthly investment) minimum investment Rs 3002 per year and return Rs 62500
168	Jeevan Anurag	20-50(16yrs) 20-49(21yrs)		(money back after 13yrs(20%),14(20%) 15(20%),16(40%)+bonus(for 16yr.policy)18,19,20,21(for 21 yrs policy)
178	Jeevan Tarang (Pension)	18-50		Vested bonus at the end of maturity period and 5.5% per annum of the sum assured for rest of life as pension

Reliance Insurance

Reliance Cash flow Policy
Reliance Super five Plus Policy:.

Reliance Cash Flow Policy. Very attractive policy suitable for all ages (entry at age 18 to 48). Easy liquidity-Get periodic cash flows. Minimum sum assured Rs 1.00 lakh maximum 2.00 lakh. Cash back after 4 yrs, 7 yrs, 10, yrs, 13 yrs, 16 yrs(@ 20% of the sum assured) also available for 22 yrs.( approximate premium for 16 years for Rs 1 lakh would be approximately Rs 9000 and Rs 7000 for 22 year policy .Pl. see table for exact amount)

Reliance Super five Plus Policy:- a ten/fifteen year policy where you can pay premium for only five years or pay for full term of 10 or 15 years. Minimum sum Assured Rs 30,000 Maximum Rs 2.00 lakh. Age at entry 18-48 yrs. .( approximate premium for 10 years for Rs 30000 would be approximately Rs 8000 and Rs 26 000 for Rs 1 lakh policy, Rs 53000 for Rs 2 lakh policy. Pl. see table for exact amount). very attractive policy for those who want to opt for short premium paying term where the premium paying term is five years adn you get back the sum assured after five years but the risk cover is for 10 or 15 years depending upon your option where you are paid assured bonuses after completion of the term of 10/15 years

Reliance Mutual Fund:

Systematic Investment Plan (SIP) monthly investment of Rs 500,1000 or more (one time Service Tax of Rs 900 on SIP of Rs 500 per month ) And Rs 1800(on saving of Rs 1000) only once during the entire term of 10 years, to be collected in cash) along with copies of ID proof, Pan No, Cheque for the amount of investment for ECS debit on future collection.. Can be withdrawn after one year of subscription without any deduction.( this can be sold only to people with Bank Account in their name for facilitating ECS transfer)

Reliance General Insurance: Personal Accident Policy can be done as per the chart below.

Sum Assured	Amount Payable
1 lakh	Rs 216
2 lakh	Rs 381
3 lakh	Rs 547

As GTFS wants each Indian to be insured we have the best option of selling this to all the people from the poorest of the poor to the richest. This can be sold to people of all ages from 3 months to 70 years. This also helps in 100 per cent addition to your target.

¯Benefits of Joining GTFS.

No investment (only Rs 650 for registration and forms)
No pre qualification needed
No previous experience needed
Chance to help yourself and others
No fixed working hours, work part time, full time at your own convenience (be your own boss)
Suitable for unemployed, employed, working women, homemakers, students above 18 years of age.
Selling Life Insurance and General Insurance(Personal Accident Insurance), Medi-claim, non-banking products(Mutual funds) recognised by Government of India(IRDA and RBI) recognised companies involving zero risk
You decide your own Goals, Targets, salary, etc and work to achieve it.
What you get on joining GTFS ?

Commission ( overriding commission)
Salary, conveyance, incentives, awards, rewards, etc
One lakh free insurance (Personal Accident policy) till you work with GTFS.
Two wheelers( Motorcycle) Four wheelers (3 cars with a value of Rs 3 lakh, Rs 6 lakh and Rs 8 lakh in entire career)
Travel by Rail, Air (in AC class) within the country and abroad
Prize (wrist watch, suit length, mobile, Two wheeler, Four Wheeler, local tour, Foreign Trip, etc)
Gift (cash awards, VIP briefcase, Mobile, Laptop and many other items)
Development Allowance (Rs 25000 every six months from C-IV to C-IX, Rs 50,000 C- X to C- XII, Rs 75000 from Chief CO-I to Chief CO – XIII, Rs 1 lakh from CO XIV to XXI)
Assured Retirement Benefits - Rs 7 lakh after 7 years, Rs 14 lakh after 14 years, and Rs 21 lakh after 21 years. Total benefits of approximately Rs 5 crore in 21 years in addition to salary, commission, prize, gifts, etc.
Assured minimum Pension of Rs 25000 to Rs 3 lakh per month after 7 years based on your network and collection at each stage by your team.

For details contact :9868048573, 9868369793,

Do not delay, tomorrow may be too late.

Destiny is in your hands grab it and change your destiny Join immediately to become a Billionaire (crorepati).

Junior Coordinator

Minimum target is like pass mark for qualifying each stage of your career and successful persons always aim high and set higher targets for themselves to outshine others.

Minimum Targets are

Rs 30,000 collection in life policies.

Rs 7500 in Non-life policies.

You set your own target.

GTFS encourages its Jr. Coordinators to set high Targets for themselves and announces rewards and prizes for achievers from time to time.

This stage being the first stage of your career and only place where you could decide how much income in future will be.

We suggest that each Jr. Coordinator to set a minimum Target of Rs 2.5 lakh in six months so that when he/she is promoted to next stage( as Coordinator) he/she gets Rs 2500 per month as salary/conveyance(@ 1% of total collection) in addition to commission on the policies sold by him/her laying a strong foundation for his career.

Your career is broadly divided into three phases initially

Collection –collection of premiums by selling the policies as Jr Coordinator

Selection- by selection of suitable persons with zeal and enthusiasm to work as Jr. Coordinators in your team when you are promoted as Coordinator.

These initial three stages are called the production stage where all the business of your team is generated and this stage is the foundation of your multi-storey structure of your Golden career.

What are the qualities of a successful Jr. Coordinator?

Jr. Coordinator is also referred as AGENT/ Advisor (in Insurance business)

“A” STANDS FOR AGILITY, ACTIVE, Acquiring knowledge

“G” FOR Gentle, Genius, Go-getter

“E” Enthusiastic, Educated, Etiquette

“N” for Natural, Needy,

“T” Thoughtful, Tireless, Time devoting

He/She should always be in contact with

Company- GTFS for the products that are available and newly introduced by the company

Seniors- to get proper knowledge about the career, training about insurance products and selling techniques
People – to promote and sell the product ( insurance and other products of the company)

Tips to make yourselves successful in you career/ in your life.

· Always be courteous to others. Always respect elders and pay respect to seniors and respectful persons.

· Always speak in gentle and soft manner that would make others to listen to your points.

· Prepare yourself well before making any presentation, explaining plans and policies to anyone.

· Knowledge about the Company, Product, and plans should be your first aim so acquire the same from your seniors, Branches of the Company and other sources.

· Never be over confident because overconfidence always leads to mistakes and failure.

· Never get disheartened when you are not successful on the first or second attempt, treat them as rehearsals before the big achievement. Perseverance always pays and you would become the most successful person if you do not give up easily.

· Keep meeting your clients and team members regularly and try to solve their problems.

· Try to achieve all prizes, awards including phase prize for self and team.

· Information about section 80C, 80D, 10D of Income Tax Act.

· Weekly Meeting with Juniors and Fortnightly with Seniors

· Keep contact details of Seniors and Juniors.

· Involving self and team in Social work in your local area to have better relation and connection in the society and area.

· Self Assessment of one’s own potential and doing similar assessment for members of your own team.

· Encouraging your team members to prepare a list of acquaintances, friends, relatives and introduction of career options with GTFS

· Inculcate self-confidence amongst all team members.

· Maintain cleanliness and present best personality before customers and others.

· Conduct regular sessions for development of personality of your team.

· Encourage Team members to make mock presentations about the Career, Company, Insurance Policies and other products, etc so that they can be successful team leaders.

· Calculate your time and resources and distribute the same optimally to make the maximum. Time and resource management is very essential for success in any field.

· Set Goals and Targets for self and team and review the same every week( weekly target, fortnightly Target, Monthly Target, quarterly Target, Phase Target, etc).

· Planning is very essential for success so encourage your team to plan and help them in execution of the plan by inputs from you and your seniors.

· Encourage inputs from your team by holding open discussions every week.

· Attend all meetings organised by seniors with full team to get the latest information about the Company and about the activities of other teams.

· Prepare weekly, fortnightly, monthly, quarterly and phase report of your target and achievements so that you may take timely remedial action.

Details of Awards/Rewards/Special incentives for each phase

Rank	TARGET AMOUNT
	FOUR WHEELER(Rs 2 LAKH)	TWO WHEELER(VALUE Rs 50000)	TWO WHEELER(VALUE Rs 30000)	Cash award Rs 7000	Cash award Rs 5000
Jr. Coordinator	Rs 40 lakh	20 lakh	10 lakh	5 lakh	2 lakh
Coordinator	50 lakh	25 lakh	15 lakh	7.50 lakh	4 lakh
Coordinator- I	100 lakh	50 lakh	20 lakh
Coordinator-II	150 lakh	75 lakh	30 lakh
Coordinator-III	200 lakh	100 lakh	40 lakh
Coordinator-IV	250 lakh	125 lakh	50 lakh
	4 wheeler 2 lakh	4 wheeler 3 lakh	4 wheeler 4.50 lakh	4 wheeler 6 lakh
Coordinator-V	400 lakh	600 lakh	800 lakh
Coordinator-VI	600 lakh	800 lakh	1000 lakh
Chief Coordinator	1000 lakh	125 crore	150 crore	250 crore

How to achieve your target easily?

All the business partners in GTFS or any organisations have this common worry that how they are going to achieve their targets set by the Company/Organisation. Simply worrying about something is not going to solve the problem. We have to Assess, Plan and execute the same in a proper systematic manner and device a methodology to achieve our goals and target.

For example, the target set for Jr Coordinator is Rs 30,000 collection as premium for life Insurance policy and ` 15000 for Non life or general insurance, mutual funds, Medi-claim policies.

Split the target into No. of days available i.e. 6 months 182 days. Formula T (target) divided by N (number of days) = target per day

30000/180 = 165.84 or `166 per day or Rs 5000 per month.

There are policies for small investors like Jeevan Saral of LIC of India which start with a minimum premium of Rs 3002 with Sum Assured value of Rs 62500, if you do just two policies per month you can achieve your target easily in five months one month before the due date. Now you may think that you can do more so set your target around Rs 1.00 lakh then your monthly average collection would be 100000/6 months the average would be 16666.66 so you need to plan for collection of combination of small and big premium policies like Jeevan Anand of LIC, Saral Anand of Future Generali, Cash Flow of Reliance where the average premium for Rs 2 Lakh would be Rs 17,000 to 19000 depending upon the age of person to be insured. By selling just one policy a month, you can achieve your target of Rs 1.00 lakh. Everything seems so simple, isn’t it?

You can apply the same principle to Non Life policies.

The Personal Accident policy premium rates are

For 1 lakh Rs 216, for 2 lakh Rs 381 and for Rs 3 lakh Rs 547 per year which is valid for a period of 1 year from the date of policy. You get 100 % credit on the premium collected. So you sell 30 Policies of Rs 547 or combination of all the three to achieve your minimum target of Rs 15 000. So, on an average you have to sell 5 policies per month. i.e. 1.25 policies per week. If you determine that you can sell at least 5 policies per week you sell 20 policies per month and around 120 policies in six months. Achieving Rs 65640 as your collection in six months. As these policies have to be renewed every year you assure that two of your down line get promoted every year with renewal of the same policies.

A sample calculation for number of policies and collection.

Non Life Policies( PA)	Amount of premium collection	Remarks
15 policies of 547	8205	Minimum quota for promotion without bonus/incentive
14 policies of547	7658	--
20 policies of 381	7620
30 policies of 547	16410	Incentive of 1%
28 policies of 547	15316
40 policies of 381	15240
120 policies of 547	65640	Additional incentive
35 policies of 216	7560	Minimum quota
70 policies of 216	15120
140 policies of 216	30240
150 policies of 547	82050	Spl achievement
80 policies of 381	30480

Mutual Fund:

You can also sell Systematic investment plan (SIP) of Rs 500 per month to Rs 5000 per month of Reliance Mutual Fund ( it involves one time Service Tax payment of Rs 900 for Rs 500 SIP and Rs 1800 for Rs 1000 SIP. The service Tax is collected only once in total for whole term of 5 or ten years. Your first month collection of SIP+ Service Tax is counted for your promotion quota and you qualify with minimum of 3x Rs 1000 SIP or 6X500 SIP. You may sell 6 policies to be eligible for bonus and rewards.

Medical Claims.: These policies get you credit of only 50% of your total collection . So you need to sell minimum of Rs 15000 under Medi-claim to qualify your promotion quota. This cashless mediclaim is available only for people ( primary ) 18 to 45 years dependents from 5 to 45 years. Renewals can go upto 65 years. The benefit over other Mediclaims available in the market is 1.5% of the sum assured can be availed for Room rent and other facilities. compared to 1% with other insurance Companies. You can sell the individual mediclaim available under Reliance Group Mediclaim policy for clients upto the age of 75. For details please contact GTFS branch manager.

Many attractive policies are available under Bajaj Allianz, Max New York Life and Future Generali insurance. You may read the brochures of respective Companies, which can be obtained from the branch or from your seniors. Please make it a point to attend all training sessions at branch and sessions conducted by your seniors so as to attain thorough knowledge of all the products available in your basket for sale. This would also help you to plan your target and convince your client easily.

Always refer to the age of the proposer of Insurance and the premium to be paid+ service Tax if any and inform your client. Do not commit anything, which you do not know or make any false promises. Get the things fully clarified from your seniors and the local branch before selling any of the above-mentioned policies as rates may change from time to time and conditions are subject to changes. Read the requirements for ach type of policy so that you can collect these documents while filling up the proposal form. This will save you from unnecessary hassles and harassment contacting the client repeatedly for every requirement.

Your determination is the key if you believe in yourself you can reach the stars, nothing will ever be impossible for you.

Selling is an Art. You can master it by acquiring knowledge about the product and practising your selling techniques. Rehearse the situation many times imagining the discussion with your client and yourself answering to his/her queries about the policy and finally signing the form for the desired amount. All successful people all over the world have practiced this. Never get disheartened when you are not able to get the policy, you may succeed next time. You analyse the scene with your client again and you will be able to rectify your mistakes next time.

You should always aim to achieve the phase prize of your rank and never hesitate to take the help of your seniors to achieve your goal. You be the leading light to motivate your juniors by setting an example yourself.

A good sales person never disheartened by a negative answer, as he believes he has the strength to change every NO into Yes by his convincing power. There is 50% yes in every person you have to convert the same to 100% to be successful in your career.

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