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MEMBERSHIP
RULES
&
BENEFITS
Club Membership
Club Rules – Major Milestones So Far
01.09.2015 to
Financial Year 31.08.2016
01.04.2016 to
Qualifying Year 31.08.2017
01.09.2017 to
Membership Year 31.08.2018
• An agent who has completed the age 60 as on the date
of commencement of Club membership year and had
been continuous member of the same club for not less
than 15 membership years or Life members of CM and
ZM Club can continue the membership of the same
club by fulfilling at least 75% of the criteria applicable to
that club
Club Membership Rules
Revised in October 2009 & Modified in April 2010
[Covers Distinguished Club]
Total office Allowance Rs. 55500/- Rs. 28600/- Rs. 15600/- Rs. 1300/-
Fringe Benefits to Club Member Agents
PERFORMANCE SLAB Office Allowance reimbursement Telephone Reimbursement (Incl. of Sales Promotional gift items
(Incl.of Basic and additional telephone Reimbursement as (Incl. of amount as
office allowance) mentioned earlier) mentioned earlier)
Divisional Manager’s Club Member 2400/- mobile rental and call charges
Branch Manager’s Club Member 1800/- mobile rental and call charges
Existing Revised
Addl Office Allowance 0 12000 upto 30% upto 30% upto 30% 0
• Attest the signatures and thumb impressions of policyholders and claimants or identify
policyholders.
• To receive loan/ claim cheques on behalf of their policyholders/ clients on production
of required authority letter from the claimant.
• CM’s and ZM’s Club Members are eligible to attest copies of university or matriculation/
higher secondary examination/ SSLC certificates after satisfying that the certificate is
genuine and pertains to the life proposed.
• MHR limits have been specified for Club Member agents.
• BM/Distinguished Club – 10 lacs;
• DM Club – 20 lacs;
• ZM Club – 30 lacs;
• CM Club – 50 lacs;
• Corporate Club – 1 crore.
THANK
YOU