We lc ome

to an ex ci ti ng B usi ne ss
Op portuni ty!

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The Agen da

 HD FC Stand ard L if e In surance - He ritag e,V ision & Values

 A Career Op portu ni ty – “Be a Fi nanci al Con sul tant”
 Role of a Financial Co ns ultan t
 Remun erati on & Rew ard s
 Proces s
 FAQ s?

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HDF C S tan dar d Li fe In sur ance ,
Herit ag e, Vis ion & Va lues

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HDFC Sta ndard Lif e Insur ance Co. Ltd…

 HD FC Sta ndard Life Insura nce a joint venture between

HD FC Lt d, a leading Housing Finance Company in India &
Standa rd Lif e As sura nce , the Largest Mutual Insurance
Company in Europe

 The financial expertise of HDFC Group, combined with the

Insurance expertise of Standard Life is committed to offer
better financial solutions to the customers

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He rit ag e of HD FC Ltd …

 First Housing Finance Company in the private sector

 Specialist in providing Housing Finance to individuals,
Co-operative societies and Corporate sector.
 Market leader in the Housing Finance Sector
 Presence across 200 locations
 Customer base of over 3 million satisfied customers
 Large Market Capitalisation ( 28.34 Crores )
 Ranked as the “India’s Best Managed Company”
by Finance Asia - 2005

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Sta ndard Li fe Ass ur ance Co. Ltd……

 Standard Life – based at Edinburgh, Scotland (UK).

 Started in 1825, operates in all the important markets
of the world like Canada, Ireland, Germany, Austria,
Spain, Hong Kong, China and India through its network.
 Standard Life Assurance Co. is the largest mutual insurance
company in Europe.
 As at 31st Dec 2006, Standard Life has total Assets under
management UK £ 125 billion.
(more than Rs.7,50,000 lacs crores)

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HDFC, Sta ndard Lif e & Join t Ventu re…

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HDFC Group C omp anies

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 HDFC Sta ndard Lif e Insur ance Co.

 Inaugurated on 14th Aug 2000.

 First Private Life Insurance Co. to get license from IRDA.
 Customer Base of more than 10,00,000 customers.
“Best New Insurer” Award from Outlook Money – 2003.
 “Most Respected Private Insurance Company” Award from

Business World – 2004.

 “Best New Insurer” Award from Outlook Money – 2006.

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Vision of HDFC Stand ard Lif e I nsurance C o. Ltd …

The most successful and admired life insurance company,

which means that we are the most trusted company, the

easiest to deal with, offer the best value for money, and

set the standards in the industry.

In short, “The most obvious choice for all”

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Valu es of HDFC Stan dard Li fe Insuran ce Co. Ltd …

Our Val ues

 Int egr ity
 Inn ov atio n
 Cu sto mer Centr ic
 Pe ople Car e
 Team Wo rk
 Jo y a nd Sim plic ity

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 ”Bu si ness Oppo rtun ity”

Ensuring peace of mind and quality of

life for the
millions of people around you.

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 Off ers you

An ex citi ng C ar eer
tha t can cha nge your l ife

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to li ve wi th Sel f
Res pect

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Ro le of a F ina nci al Consu lta nt

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Remu nera ti on & R ewa rd s

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 POTENTIAL COMMISSION EARNINGS
Particulars Year 1 Year 2 Year 3 Year 4 Year 5
No. of Policies per Week 1 1.5 2 2.5 3
No. of Policies Sold 50 75 100 125 150
Average Premium 25,000 H 25,000 25,000 25,000 25,000
Total Premium 12,50,000 18,75,000 25,00,000 31,25,000 37,50,000
Average Commission @ 20 % 2,50,000 3,75,000 5,00,000 6,25,000 7,50,000
Renewal Commission @ 2 % Nil 25,000 62,500 1,12,500 1,75,000
Total Commission 2,50,000 4,00,000 5,62,500 7,37,500 9,25,000
Average Monthly Commission 20833 33333 46875 61458 77083

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Are y ou read y f or ???

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Pr oce ss

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Eligibility Criteria to become a Financial
Consultant
Minimum Eligibility Criteria (Any 3/5 Criteria required,
first criteria being mandatory)

 Age : 30 and Above

 Married.
 Education : Graduate or higher.
 Has spent > 3 years in the city of current residence.
 Income > 3 Lakhs per annum.

Pre-requisites required to become a Financial

Consultant

 Should undergo IRDA Training for 50 hrs.

 Should Pass the pre-recruitment exam conducted by Insurance Institute
of India.

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Lic ens ing Pro cess

Step 1 : Registration
Step 2 : IRDA Training
Step 3 : IRDA Examination

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 Ste p 1 - Regi stratio n

Documentation Required for Supporting Personal

Acquiring a License Documents required

For ms
 9 Passp ort si ze p hot ogra phs
Ag ency A pplication fo rm  Ag e Proo f
 Form VA
 Proo f of Ed ucat ion
 Ex am Form
 Proo f of Id ent ity
 Ag ree ment Cop y
 Proo f of R esi dence
( a ll pag es to be sig ned by the F C )  PAN Card or PAN A pplicat io n
 Know Y our Cust omer ( KYC )
Ad dend um  Fee : Rs . 9 25 /- ( O ff Line )
 Fee : Rs . 8 25 /- ( O n Line )

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 St ep 2 – IRDA Tr ai ning

All Candidates have to undergo and complete 50 hours of IRDA Training.

Typ es of Tra in ing

6. Off Line (Class Room) Training

7. On Line Training

IRDA Refresher Classes are conducted for the FC before the IRDA Exam.

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St ep 3 – IRDA Exam ina tio n

Pre Recruitment Examination can be done by 2

Modes,

3. On line
4. Off line

Exams are conducted by Insurance Institute of

India (III)

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FAQ s?

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FA Qs?
Q 1. Do I need to have a career selling experience ?
Ans: No. HDFC Standard Life will equip you through
specialised training programmes.
Q 2. Can I work part-time ?
Ans: Many join as part-timers & choose to become full
timers.
Q 3. Can I continue my present job ?
Ans: Of course. You can.

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 FA Qs?
Q 4. Can I work from home ?
Ans: Yes. You have all flexibility in working hours.
Q 5. How much can I earn?
Ans: You have an unlimited earning potential.
Q 6. Do I need to make any capital investment ?
Ans: No, there is no capital investment.

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 Any Quest ions ?
 

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  Thank You

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