CONTEST PERIOD : 01st Jan’24 TO 31st Mar’24
HEALTH PLANNER – (B&C)
GWP for Annual
SLAB GWP IN ₹ PRIZE
council qualifiers’23
Slab 1 50,000 45,000 Certificate
Slab 2 1,00,000 90,000 Trophy
Slab 3 2,00,000 1,80,000 Local picnic with spouse
Slab 4 4,00,000 3,60,000 40K and local picnic with spouse
Slab 5 6,00,000 5,40,000 60K and local picnic with spouse
Slab 6 8,00,000 7,20,000 1 ticket Almaty or 80K and local picnic
Additional 40K and local picnic with spouse
On every additional 4 Lakh after 8 Lakh for Non council HP’s
On every additional 3.60 Lakh for council HP’s Additional 40K and local picnic with spouse
On every additional 6 Lakh after 8 Lakh for Non council HP’s Additional 60K and local picnic with spouse
On every additional 5.40 Lakh for council HP’s Additional 60K and local picnic with spouse
Additional 1 ticket Almaty or 80K and local
On every additional 8 Lakh after 8 Lakh for Non council HP’s
picnic
Additional 1 ticket Almaty or 80K and local
On every additional 7.20 Lakh for council HP’s
picnic
CONTEST PARAMETERS
Contest Period: 01st Jan’24 to 31st Mar'24.
Criteria: GWP (Gross Written Premium)
- GWP is issued premium (Excluding of all taxes)
- All GWP logged in from 01st Jan’24 to 31st Mar’24
subject to business issued till 22nd April’24.
Result will be declared by second week of May’24.
TERMS & CONDITIONS
All policy to be logged from 01st Jan’24 to 31st Mar’24 and issued by 22nd April’24.
GWP is issued premium excluding of all taxes.
10% business credit to employer-employee cases.
This contest is not valid for Direct code –Agency.
Login & Issued business should be net of cancelled & declined.
Upsell and downsell will be part of contest, which to be calculated in the achievement of the
qualifiers.
All renewal policies to be renewed in the contest period till 22nd April’24.
Upsell and downsell renewal issuance to be counted only Jan to Mar’23 renewal base, if any case
got renewed before and after renewal month base then those cases upsell and downsell business
not to be counted in the contest.
Endorsement premium and travel extension policies will not be counted in the contest.
Any check bounce & re-login case after contest period will not be considered in the contest.
Portability cases will be considered till 30th April’24.
Explore business will be counted 50% in the contest.
Agent weightages to be applicable for all designation
TERMS & CONDITIONS
Sales head approval/Exception will not be counted in the contest.
Health Planner category not to be changed in the contest period.
Employee designation reflecting as on 31st Mar’23 will be considered.
Any case with downsell of more than 30% will not be counted in renewal and downsell premium will
be reduced from the fresh business.
Tenure upsell & downsell policies not to be counted in the contest.
Contest is applicable for all product issued under new business & portability except group business.
In case of ambiguity, decision taken by management will be final and applicable to all the entity
involved.
Management reserves the right to modify or alter the terms & conditions with or without prior notice.
Trip will be scheduled for 3 nights 4 Days.
The qualifiers has to be part of organisation (not resigned) at the time of disbursement of rewards.
Qualifiers tax will not be borne by company for any designation.
Prize amount may be subject to applicable tax deduction.
This document is strictly for internal circulation
WISH YOU