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Ques. By which joining package can I
join this huge business opportunity?
Ans. You can join with any package i.e.
200 Business Volume (BV), 150 BV, 100
BV. |
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Ques. If I join with 100 BV package can
I sponsor people with other package?
Ans. Oh yes! You can join with any
amount package and can sponsor two
persons with any package under you. |
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Ques. Then what will be the effect on my
binary incentive / income if I do so.
Ans. Your incentive obviously be the
average of the two sponsoring. |
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Ques. Can I take Gmoney ID no. and
Insurance Policy in different Names?
Ans. Yes, You can take the GMoney ID No.
and the policy in two different names in
one family only. |
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Ques. What is the payment mode of
incentives which I will get from GMoney?
Ans. Through CBS account payee cheque
payable at PAR at all cities in India. |
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Ques. What is the incentive payment
cycle?
Ans. Fortnight payment cycle closing. On
15 days business closing on 15th and
Last working day of each calendar month. |
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Ques. Are there any deductions from the
incentives?
Ans. Yes, TDS as per income tax rules
and 4% processing fees is deducted from
all type of income & incentives. |
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Ques. Is there any time limit to sponsor
two people?
Ans. Yes, there is complete one year
time limit from your date of joining to
complete your direct sponsoring left :
right pair. |
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Ques. Is there any requirement of
maintenance of 1:1 left right ratio in
royalty income payable from second year
onwards.
Ans. NO !! 1:1 ratio of left - right is
to be maintained for Binary Income only
and not for Royalty income.
Royalty income is paid on total group ID
under a certain ID number – up to 20
levels without any 1:1 left - right
ratio as following.
Package Royalty income payable for For
IVth year onwards
IInd & IIIrd year
Rs. 5000/- Rs. 12.50 per ID Rs. 10.00
Rs. 7500/- Rs. 18.75 per ID Rs. 15.00
Rs. 10000/- Rs. 25.00 per ID Rs. 20.00 |
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Ques. Where and how can I deposit my
Insurance renewal premiums?
Ans. You can deposit your renewal
premiums any where in India in All LIC
branches offices or through internet at
www.licindia.in. |
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Ques. What happens if I am not able to
sponsor any person, is there any effect
or penalty on me or on my policy.
Ans. Nothing happens with your policy
nor with your ID no. The features of the
policy remains the same even if you are
not able to sponsor any person. You can
continue with your policy. |
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Ques. What happens when the people under
me does not sponsor their direct ID and
the multiplication of joinings stops?
Ans. As a Leader & motivator you can
help such people who are not able to
sponsor their direct joinings. |
