Earnings
Follow these simple steps below to get you started as an IFA Earner and once you have achieved this, continued success is easily within your reach!
Build your business step by step, first by inviting 2 people to join your team, then 5, then 10. Then teach each of these people to do the same.
Refer your first TWO Key Appointments
As soon as YOU have introduced TWO premium paying Key Appointments who pay their premiums and business fees in the same month, and you will earn your first once-off bonus of R200!
FIVE Key Appointments and you can become an IFA Earner
When you introduce your next three premium paying Key Appointments, this takes you to FIVE Key Appointments and you will achieve the status of an IFA Earner.
TEN Key Appointments and you can join Step-up 10 of R1 000
Refer another FIVE premium paying Key Appointments, this takes you to TEN premium paying Key Appointments. As an IFA Earner, you can now qualify for bonuses and clubs over and above your IFA Earnings!
Actively work with your 10 Key Appointments and get them to Earner status as well. Getting your team to do the same will result in strong foundations for your successful business.
The following illustration explains the earning structure based on the Clientèle Life Cash Back premium of R100:
| Level | IFAs | Premium | % | Rand |
|---|---|---|---|---|
| 1 | 10 | R100 | 12% | R120 |
| 2 | 100 | R100 | 24% |
R2 400 |
| 3 |
1 000 |
R100 | 24% | R24 000 |
| Level | % |
|---|---|
| 4 | 9% |
| 5 | 4.5% |
| 6 |
2.25% |
The process begins by you introducing 5 people. These are your KEY APPOINTMENTS. If each of your Key Appointments apply for a policy and pay a premium of R100 a month, you earn R60 per month.
Earnings calculation:
5 Key Appointments x R100 x 12% = R60
Using the same example, should you introduce 10 Key Appointments, your earnings will be R120 per month.
For more information, attend an IFA Presentation or refer to the IFA Starter manual.
