IFA Earn For Life
IFAs who earn Platinum Club 5 000 or any higher Platinum Clubs, on IFA Earnings payment date 20 January 2013 will form part of our brand new “IFA EARN FOR LIFE” membership.
The “IFA EARN FOR LIFE” membership will be based on the IFA achieving a minimum Platinum Club 5 000 (or any Platinum Club above) on 20 January 2013 without any requirements on premium paying year modes. All other IFA Platinum Club requirements must still be met in order for the IFA to receive their Platinum Club bonus amount per month.
Please note that IFAs will only be able to qualify for “IFA EARN FOR LIFE” based on the following Platinum Clubs:
- Platinum Club 5 000
- Platinum Club 7 500
- Platinum Club 10 000
- Platinum Club 12 500
- Platinum Club 15 000
- And any other Platinum Club that may be launched above Platinum Club 15 000
In order for you to be part of the “IFA EARN FOR LIFE” membership you will be required to meet the following minimum criteria:
- A minimum Platinum Club Status of Platinum Club 5 000 must be achieved on and maintained from IFA Earnings payment date 20 January 2013;
- All other Platinum Club requirements with the exception of any premium paying year mode requirements being enforced must be met in order for you to continue earning the bonus i.e. Number of IFA Earning Key Appointments / Appointments; Number of premium paying Key Appointments; Number of premium paying policies or Club points and
- Should any IFA who has qualified for “IFA EARN FOR LIFE” membership drop from their Platinum Club to a non-Platinum Club or drop below Platinum Club 5 000 after 20 January 2013, then the existing Club requirements will apply, including Year Modes. However, the IFA could once again re-qualify for “IFA EARN FOR LIFE” membership provided that he/she was part of the original group of IFAs who qualified on 20 January 2013 and have achieved the IFA “EARN FOR LIFE” membership minimum requirements again.
For example, if an IFA qualifies for Platinum Club 5 000 on 20 January 2013 and forms part of the original group of IFAs who qualifies for “IFA EARN FOR LIFE” membership, but then drops off Platinum Club 5 000 the following month due to not reaching the minimum IFA Earning Key Appointment criteria, then the IFA may qualify for the normal Club 5 000. The Club 5 000 minimum criteria, including Year Modes will then apply, however, this IFA could then re-qualify for Platinum Club 5 000 “IFA EARN FOR LIFE” membership the following month provided that he/she has met the other Platinum Club 5 000 requirements.
PLEASE NOTE:
Any IFA that is found to be involved in or actively marketing any other network marketing opportunity will not be eligible to qualify for any Club bonus payment, nor the “IFA EARN FOR LIFE” membership.
