Leap Awards
LUGI has introduced a system to recognize the performers among the
members through its LEAP Awards program. The following are the
number of awardees recognized at the 7th Annual Convention, held at
Hyderabad.
Presidents' Club Medal -Awarded to 8 LUGI members
CEO's Club Medal - Awarded to 25 LUGI members.
Members' Club Medal -Awarded to 33 LUGI members.
The Management Committee(MANCOM), has framed the conditions for
eligibility for the year 2009-10, as given below:
Eligibility
The LEAP awards for the year 2010 will be based on the first
year commission including Bonus Commission earned during the
financial year 01 .04.2009 to 31.03.2010. The following are the
three bands of awards based on the said criteria.
The Presidents' Club:
In recognition of the achievement of earning Rs.14,50,000/- or
more, as first year Commission including Bonus Commission during
financial year 2009-2010.
The CEO's Club:
In recognition of the achievement of earning Rs.9,50,000/- or more,
as first year commission including bonus commission during financial
year 2009-2010.
The Members' Club:
In recognition of the achievement of earning Rs.5,25,000/- or
more, as first year commission including bonus commission during
financial year 2009-2010.
Recognition
Credit will also be given to the following, for deciding the first
year's commission: • Commission earned under Medical Insurance
Policies
• Commission earned under Personal Accident Insurance Policies
• The credit from the Medical Insurance and Personal Accident
Insurance will be restricted to 40% of the eligibility for the
respective Clubs • Other General Insurance commission will not be
included
• All Presidents' Club, CEO's Club and Members' Club awardees will
be recognized by presenting Medals and Certificates at the 8th
Annual Convention, by Dignitaries / VIPs
• Eligibility confirmation form, which is to be counter signed by
the competent authority, is enclosed
• LUGI's Management Committee reserves the right to reject an
application if it finds that the form is not signed by the competent
authority
• Benchmark for achievement and criteria for selection, as
stipulated above, will be applicable for the year 2009 -10 only
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