SCUBITECH INFO SYSTEMS LLP Address- GOBIND TOWERS, # 93/1, 2nd Floor, above State Bank of Mysore, Hosur Main Road, Singasandra , BANGALORE- 560068. Why Do We Need Life Insurance ? • • • • • • • Unpaid medical bills. Income replacement for survivors. Financial expenses such as burial costs. Unplanned or emergency expenses. Your mortgage balance. Future education funds for your children's. Retirement income for your spouse. AGE PROOFS TWO TYPES OF AGE PROOFS: 1) Standard. 2) Non Standard. * Both these proofs should be attested by Customer. STANDARD AGE PROOF SSC CERTIFICATE. PASSPORT. DRIVING LICENCE. PAN CARD. SCHOOL T C. BIRTH CERTIFICATE. NON STANDARD AGE PROOFS AFFIDAVIT. E.S.I.S CARD. VOTERS ID. ELECTION ID CARD. RATION CARD. AADHAR CARD. * (If the age proof is in Vernacular (Other than English), needs to be translated to English & Attested by Authorized person with seal). ADDRESS PROOF ELECTRICITY BILL.(Less than 3 months). RATION CARD. VOTER ID CARD. TELEPHONE BILL. (Less than 3 months). PASSPORT . BANK STATEMENT. (Less than 3 months). AADHAR CARD. PHOTO ID PROOF PASSPORT. PAN CARD. VOTER’S ID. DRIVING LICENCE. RATION CARD WHERE PHOTO AVAILABLE. *(If ID proof is in Vernacular (Other than English), needs to be translated to English & Attested by Authorized person with seal. ID proof is a must in all cases. In all the above mentioned cases Photo must be very clear for verification). INCOME PROOF Latest Income Tax assessment order / Income Tax Return. Employer’s Certificate. Audited Company Account’s. Audited firm account and partnership deed. Chartered Accountant’s Certificate with Stamp & membership Number. Agricultural – land details & Income assessments (if agricultural income proof is in vernacular needs to be translated to English & attested by BM) . Bank Cash – flows statement, pass – book. RLIC Premium Rs. Premium Volumes Half Yly. Yearly Half Yly. ---------------Yearly Half Yly. ---------------Yearly Half Yly. ---------------Yearly Half Yly. ---------------Yearly Half Yly. --------------Yearly 5000 6000 10000 15000 20000 25000 50000 5 6 10 15 25 30 60 Mode of Payment (Half Yearly / Yearly) The Payment should be made only on Demand Draft in favour of Reliance Life Insurance Company Ltd. *Payable at – Bangalore. * Cash payments are strictly prohibited. If payment is made in cash, the company is not responsible.* Incentives of Independent Business Associates (IBA) 1.Combination Premium Volume (PV) Incentives. Premium Rs. 1,000 = 1 Premium Volume (PV) * 1 Premium Volume (PV) = Rs. 50. 1Combination PV Value = Rs. 100. Maximum Incentive Rs. 100,000 for 15 days. Incentive will be Released on 15th and last date of the month. * ( PV = Premium Volume). 2nd Year Incentives 2. Combination Premium Volume (PV) Incentives. Premium Rs. 1,000 = 1 PV. 1 Premium Volume (PV) = Rs.10. 1 Combination PV = Rs. 20. Maximum Incentive Rs. 20,000 for 15 days. Incentive will be calculated on 15th and last date of the month. 3rd Year Incentives 3. Combination Premium Volume (PV) Incentives. Premium Rs. 1,000 = 1 PV. 1 Premium Volume (PV) = Rs.10. 1 Combination PV = Rs. 20. Maximum Incentive Rs. 20,000 for 15 days. Incentive will be calculated on 15th and last date of the month. 4. Life Incentive. 4. Combination Premium Volume (PV) Incentives. Premium Rs. 1,000 = 1 PV 1 Premium Volume (PV) = Rs.7.5. 1 Combination PV = Rs. 15 Maximum Incentive Rs. 15,000 for 15 days. Incentive will be calculated on 15th and last date of the month. Policy Premium will be paid 4th Year onwards you will be get life incentives. Promotions Independent Business Associates (IBA) Stage l - SILVER IBA Target : 500 Combination PV Bike Fund Rs:- 25,000/For purchasing Bike (Loan Bike or Own Bike) And IBA will get Rs:- 2,000 as Incentive On monthly basis for a maximum period of 30 Months. Following month onwards its compulsory to get 50 Combination PV on every month. stage II - RUBY IBA Target : 1000 Combination PV office Maintenance Fund Rs:- 1,00,000/-* (Rs. 5,000 X 20 Months Will be given) • Following month onwards its compulsory to get 100 Combination Premium Volume (PV). Stage III - EMERALD IBA Target : 2000 Combination PV Couple Foreign Tour Package Couple Foreign Tour Package of ( 4 Night and 5 days) & Rs. 20,000 Cash as Shopping Fund. Stage VI - GOLD IBA Target : After completing of Emerald He / She need to get 4000 Combination PV or Combination of a Emerald IBA Car Fund Car Fund Rs:- 3,60,000/(For purchasing of new or used Car) There after from the following month onwards you will get fund of 2% on your Combination PV Business or Rs:- 20,000/- as Incentive ( whichever is lower) on monthly basis for maximum period of 72 Months. Stage V - PLATINUM IBA Target : a Combination of Gold IBA. ( Other than family members only) Premium Pension Plan Rs:- 1,25,000/and Security Bond of Rs:- 1,00,000/- Special Appreciation 3 grams Gold Pocket Pin with Company Emblem. Stage VI - DIAMOND IBA Target : a Combination of Platinum IBA (Other than Family members only) Diamond Special Appreciation : Silver Shield (1 Kg.) with Company Emblem. DIAMOND Appreciations 1- If IBA complete Diamond in below 12 months Rs :- 10,00,000/2- If IBA complete Diamond in below 18 months Rs :- 8,00,000/- 3- If IBA complete Diamond in below 24 months Rs :- 6,00,000/4- If IBA complete Diamond in below 30 months Rs :- 4,00,000/5- If IBA complete Diamond in below 36 months Rs :- 2,00,000/- 6- If IBA complete Diamond in below 42 months Rs :- 1,00,000/- * If any IBA physically challenged will achieved this position he / she will get 20% an additional benefit from the regular appreciation. Honorary Appreciations According to the Development in performance after becoming Diamond Independent Business Associates every Year. Honorary Appreciations will be given as mentioned below : 01 20 cut-offs IBA will get ceiling out of 24 cut-offs he / she will 02 16 cut-offs IBA will get ceiling out of 24 cut-offs he / she 03 04 05 get :- 3,00,000. get :- 2,50,000. 12 cut-offs you will got ceiling out of 24 cut-offs he / she will get :- 2,00,000. 8 cut-offs you will got ceiling out of 24 cut-offs he / she will get :- 1,50,000. 4 cut-offs you will got ceiling out of 24 cut-offs he / she will get :-1,00,000. *If IBA get maximum Incentive out of 24 Cut-Off . TOP 9 STAR DIAMONDS 1st DIAMOND INDEPENDENT BUSINESS ASSOCIATE of the CompanyRs.- 30,00,000 2nd DIAMOND INDEPENDENT BUSINESS ASSOCIATE of the CompanyRs.- 27,00,000 3rd DIAMOND INDEPENDENT BUSINESS ASSOCIATE of the CompanyRs.- 24,00,000 4th DIAMOND INDEPENDENT BUSINESS ASSOCIATE of the CompanyRs.- 21,00,000 5th DIAMOND INDEPENDENT BUSINESS ASSOCIATE of the CompanyRs.- 18,00,000 TOP 9 STAR DIAMONDS 6th DIAMOND INDEPENDENT BUSINESS ASSOCIATE of the CompanyRs.- 15,00,000 7th DIAMOND INDEPENDENT BUSINESS ASSOCIATE of the CompanyRs.- 12,00,000 8th DIAMOND INDEPENDENT BUSINESS ASSOCIATE of the CompanyRs.- 9,00,000 9th DIAMOND INDEPENDENT BUSINESS ASSOCIATE of the CompanyRs.- 6,00,000 * If any IBA physically challenged will achieved this position he will get 20% an additional from the regular appreciation. STARTING BOOSTERS TEAM PREMIUM VOLUME 25 50 75 100 200 300 500 700 1000 1500 3000 5000 Executive BAG Branded MOBILE Branded WET GRINDER Branded DIGITAL CAMERA Branded REFRIGERATOR Branded WASHING MACHINE Branded 32” LCD T.V. Branded LAP TOP 1 Kg. SILVER Rs.1,00,000/- worth of GOLD Rs.2,50,000/- worth of CAR Rs.5,00,000/- worth of CAR This is applicable 100 Days from the Date of Joining for all Independent Business Associates. NOTE- Any Independent Business Associate will get only one of the Appreciation in the Starting Boosters for Reaching the criteria. COMPANY CHARITABLE ACTIVITIES The people who are performed for the LAVEL OF PLATINUM and above they are most likely to provide funds for the above given Charity activities of the Company on yearly 10% of NET PROFIT OF THE COMPANY.* CHARITABLE ACTIVITIES: 1.Education support. 2. Marriage support. 3. Diamonds Birth Zone Developments. 4. Help to Physically Challenged Persons. Rules & Regulations : 1. Scubitech Info Systems LLP. is a Agency of Reliance Life Insurance Co. Ltd. 2. The aspirant of the Insurance policies shall pay the premium amounts through DEMAND DRAFTS only. in favour of Reliance Life Insurance Co. Ltd. payable at BANGALORE. 3. If you have interested to be a policy holder or Independent Business Associate/s of our organization will be your sole wish. 4. It’s not a compulsory to promote the policies. 5. As per combination premium volumes, I BA /s. is/are eligible for all the company incentives and promotions. 6. Company does not represent that, IBA will achieve financial success without working of relying solely on the efforts of others. 7. Incentives will be payable on the basis of collection of premiums. 8. Incentives and other appreciations to be released within 45 working days from the date of eligibility. 9. Company will not to be responsible in any circumstances for the manipulations, communicated false information's given by the IBA. to the policy aspirants / holders. For policy details please visit : www.reliancelife.com Rules & Regulations : 10. All Incentives and appreciations etc., given by the company only. 11. Company will give the incentive to the Independent Business Associate/s on the policies done by such IBA/s. 12. The Rules and Regulations will be applicable to the Independent Business Associate/s of the Company. 13. During the during the IBA of this Company, the IBA should not work for any such other Company which will do the similar business of our Company. 14. If any differences / issues arises between the company and the IBA the dispute will be comes within the Jurisdiction of the Courts in Bangalore, Karnataka. 15. TDS 10% (with PAN card), TDS 20% (without PAN card) as per the Income Tax norms. 16. No Service Tax and No Service Charges. 17. Without having permission from Company any Independent Business Associate should not prepare any Broacher. 18. For more Rules and Regulations please visit Company Website : www.scubitech.com THANK YOU AND WISH YOU ALL THE BEST !