IFA Clubs
Over and above your IFA earnings, you can earn a Club every month. This is IFA’s way of rewarding you for your hard work, dedication and team work – every step of the way!
Your first steps in establishing yourself as an IFA Earner was focusing on getting 2, then 5, then 10 Key Appointments. The next step in building strong foundations for a successful business is SIMPLE! Think in teams of 10 and teach your Key Appointments to do the same. By working with your team and encouraging them to build their own Step up 10s, you are one step closer to achieving your Club 30, 60 or even Club 100.
Make it your goal to become part of the success of IFA by becoming an IFA Club Qualifier.
- All products with a DOC greater or equal to 01/03/2011 debit date 2nd onwards will count 1 point towards your club qualification from Club 30 upwards.
- Cash premium payments will be excluded for all Club qualifications with effect from 20/4//2011 payments.
- Current year modes will be applied until early 2013.
Notes:
Introduction of new Clubs
- Club 30
- Club 60
- Club 1750
- Club 3750
- Platinum Club 1750
- Platinum Club 3750
Club 27 will be discontinued with effect from the 20 March 2011
The IFA Clubs
| Clubs | Bonus Per Month | Paid Key Appointments | Minimum Earners Up To Level 3 | Paid Policies | Premium Paying Mode | Level |
|---|---|---|---|---|---|---|
| *Club 30 |
R 600 | 10 |
0 |
30 |
1st year |
1-3 |
| *Club 60 |
R 800 | 10 | 1 |
60 |
1st year | 1-4 |
| Club 100 | R 1 100 | 10 | 2 | 100 | 1st year | All |
| Club 175 | R 1 300 | 10 | 2 | 175 | 1st year | All |
| Club 250 | R 1 600 | 10 | 3 | 250 | 2nd year | All |
| Club 500 | R 2 200 | 15 | 4 | 500 | 3rd year | All |
| Club 750 | R 3 300 | 15 | 5 | 750 | 4th year | All |
| Club 1 000 | R 4 500 | 20 | 5 | 1 000 | 5th year |
All |
| *Club 1 750 | R 6 000 | 20 | 5 | 1 750 | 5th year |
All |
| Club 2 500 | R 8 000 | 20 | 6 | 2 500 | 5th year |
All |
| *Club 3 750 | R10 000 | 20 | 7 | 3 750 | 5th year |
All |
| Club 5 000 | R13 500 | 20 | 8 | 5 000 | All years |
All |
| Club 7 500 | R21 000 | 25 | 9 | 7 500 | All years | All |
| Club 10 000 | R32 000 | 30 | 10 | 10 000 | All years | All |
| Club 12 500 | R48 000 | 35 | 11 | 12 500 | All years | All |
| Club 15 000 | R65 000 | 40 | 12 | 15 000 | All years | All |
| Club 17 500 | R75 000 | 45 | 13 | 17 500 |
All years | All |
| Club 20 000 | R85 000 | 50 | 14 | 20 000 | All years | All |
The Platinum Clubs
| Platinum Clubs | Bonus Per Month |
Paid Key Appointments |
Earning Key Appointments |
Min Earners up to level 3 | Paid Policies | Premium Paying Mode | Level |
|---|---|---|---|---|---|---|---|
| Platinum Club 100 | R 1 350 | 10 | 7 | 15 | 100 | 1st year |
All |
| Platinum Club 175 | R 1 500 | 10 | 8 |
20 | 175 | 1st year |
All |
| Platinum Club 250 |
R 1 800 | 10 | 10 | 25 | 250 | 2nd year |
All |
| Platinum Club 500 | R 2 750 | 15 | 12 | 35 | 500 | 3rd year |
All |
| Platinum Club 750 | R 3 750 | 15 | 15 | 45 | 750 | 4th year |
All |
| Platinum Club 1 000 | R 6 750 | 20 | 17 | 55 | 1 000 | 5th year |
All |
| *Platinum Club 1 750 |
R 7 500 |
20 | 20 |
60 | 1 750 | 5th year |
All |
| Platinum Club 2 500 | R11 000 | 20 | 20 | 65 | 2 500 | 5th year |
All |
|
*Platinum Club 3 750
|
R13 000 | 20 | 20 | 70 | 3 750 | 5th year |
All |
| Platinum Club 5 000 | R18 000 | 20 | 20 | 75 | 5 000 | All years |
All |
| Platinum Club 7 500 | R27 000 | 25 | 25 | 85 | 7 500 | All years | All |
| Platinum Club 10 000 | R38 000 | 30 | 27 | 95 | 10 000 | All years | All |
| Platinum Club 12 500 | R55 000 | 35 |
30 | 105 | 12 500 | All years | All |
| Platinum Club 15 000 | R75 000 | 40 |
35 | 115 | 15 000 | All years | All |
| Platinum Club 17 500 | R95 000 | 45 |
40 | 125 | 17 500 | All years | All |
| Platinum Club 20 000 | R120 000 | 50 |
50 | 150 | 20 000 | All years | All |
Definitions:
- PAID KEY APPOINTMENTS: A paid key appointment is an IFA who is on your first level and has paid their own premium and business fee.
- PREMIUM PAYING MODE: This refers to the period of time that the policies considered for the particular club has been on the company’s books. *Paid policy count is determined by the rules set per Club qualification.
- Earning Key Appointments - For Platinum Club. The Earning Key Appointments (level 1, 2, 3) must pay their business fees to be counted as an Earning Key Appointment.
For more information, attend an IFA Presentation or refer to the IFA Starter Manual.
