TLC Insurance India PVT LTD is an Indian based MNC which has 60 branches in India, Singapore, Malaysia, Egypt, Bahrain, Sri Lanka and TLC stands for ‘Team Life Care’. TLC is also in talks with an American company to set up a branch in USA. In India TLC is a No.1 channel partner of Bajaj Allianz. TLC educates people about the importance of Life Insurance and promotes Bajaj Allianz Life Insurance policies. TLC is 5 year old company which promoted Rs.55 crores worth of Life & General insurance in the 1st year, Rs.550 crores in 2007-08 and Rs.660 crores in 2008-09. Even during the recession period TLC has made more profit than the previous year. But the question is how are we going make money with TLC?
Our Government estimates, India has an amorphous middle class of about 312 million people who can afford and really need to have life with health, stability, security and pension benefits and who do not know the importance of safe investments. Out of 312 million people in India only 22% have insurance. 78% or 243.36 million people have no insurance cover or more than Rs.1450 Billion Insurance Premium market is untouched or in other words Rs.1,45,000 crores is untouched. TLC explores this huge market by giving Business Opportunity to smart investors. Many of the successful Business Coordinators of this company have made more than Rs.80Lakhs in less than 2 years of time. When I talk to these successful people they motivate me a lot as they are very simple and always ready to help and they show all the cheques received by TLC till date. Some of the Business Coordinators who are in this business from past 5 years have made crores of rupees and also they’ve received Mercedes Benz cars from TLC.
Our Government estimates, India has an amorphous middle class of about 312 million people who can afford and really need to have life with health, stability, security and pension benefits and who do not know the importance of safe investments. Out of 312 million people in India only 22% have insurance. 78% or 243.36 million people have no insurance cover or more than Rs.1450 Billion Insurance Premium market is untouched or in other words Rs.1,45,000 crores is untouched. TLC explores this huge market by giving Business Opportunity to smart investors. Many of the successful Business Coordinators of this company have made more than Rs.80Lakhs in less than 2 years of time. When I talk to these successful people they motivate me a lot as they are very simple and always ready to help and they show all the cheques received by TLC till date. Some of the Business Coordinators who are in this business from past 5 years have made crores of rupees and also they’ve received Mercedes Benz cars from TLC.
No comments:
Post a Comment