29-Oct-15

RE
ESTIMATED ACTUAL 2015
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
EST
Nov-15
EST
Dec-15
EST
Sub-Total
PROJECTION 2016
Jan-16
2,100,000
Feb-16
4,200,000
Mar-16
6,500,000
Apr-16
8,800,000
May-16
10,600,000
Jun-16
12,400,000
Jul-16
14,100,000
Aug-16
15,800,000
Sep-16
17,800,000
Oct-16
19,800,000
Nov-16
21,800,000
Dec-16
23,800,000
Sub-Total
TOTAL FYP

Jan-16

Feb-16

Mar-16

957,255
2,183,033
2,507,686
3,016,857
1,493,766
1,685,086
1,134,043
1,800,000
1,800,000
1,800,000
1,800,000
20,177,726

###
###
###
###
###
###
###
###
###
###
19,220,471

2,507,686
3,016,857
1,493,766
1,685,086
1,134,043
1,800,000
1,800,000
1,800,000
1,800,000
17,037,437

2,100,000

2,100,000
22,277,726

###
2,100,000

4,200,000
23,420,471

2,100,000
2,100,000
2,300,000

6,500,000
23,537,437

REVISION-1: PROJECTED AI FYP FOR CY2016

Apr-16

May-16

Jun-16

3,016,857
1,493,766
1,685,086
1,134,043
1,800,000
1,800,000
1,800,000
1,800,000
14,529,752

1,493,766
1,685,086
1,134,043
1,800,000
1,800,000
1,800,000
1,800,000
11,512,895

1,685,086
1,134,043
1,800,000
1,800,000
1,800,000
1,800,000
10,019,129

2,100,000
2,100,000
2,300,000
2,300,000

2,100,000
2,100,000
2,300,000
2,300,000
1,800,000

2,100,000
2,100,000
2,300,000
2,300,000
1,800,000
1,800,000

8,800,000
23,329,752

10,600,000
22,112,895

12,400,000
22,419,129

Jul-16

###
###
###
###
###
8,334,043
###
###
###
###
###
###
1,700,000

14,100,000
22,434,043

Aug-16

1,800,000
1,800,000
1,800,000
1,800,000
7,200,000
2,100,000
2,100,000
2,300,000
2,300,000
1,800,000
1,800,000
###
1,700,000

15,800,000
23,000,000

6
Sep-16

1,800,000
1,800,000
1,800,000
5,400,000
2,100,000
2,100,000
2,300,000
2,300,000
1,800,000
1,800,000
1,700,000
1,700,000
2,000,000

17,800,000
23,200,000

Oct-16

###
###
3,600,000
###
###
###
###
###
###
###
###
###
2,000,000

19,800,000
23,400,000

Nov-16

Dec-16

0
957,255
4,366,067
7,523,057
12,067,426
7,468,832
10,110,514
7,938,303
14,400,000
16,200,000
18,000,000
19,800,000
118,831,453

1,800,000
1,800,000
2,100,000
2,100,000
2,300,000
2,300,000
1,800,000
1,800,000
1,700,000
1,700,000
2,000,000
2,000,000
2,000,000
21,800,000
23,600,000

TOTAL

###
###
###
###
###
###
###
###
###
###
###
2,000,000
23,800,000
23,800,000

25,200,000
23,100,000
23,000,000
20,700,000
14,400,000
12,600,000
10,200,000
8,500,000
8,000,000
6,000,000
4,000,000
2,000,000
157,700,000
276,531,453

29-Oct-15
Jan-16
OPTIONAL INSURANCE
FYP
RENEWAL
Sub-Total
ENDOWMENT AT 56
FYP
RENEWAL
Sub-Total
BASIC INSURANCE
OBI
UBI
MBI
Sub-Total

Feb-16

22,277,726
115,348,045
137,625,771

23,420,471
116,209,575
139,630,045

303,715
20,516,177
20,819,892

338,433
20,531,459
20,869,892

1,000,000
4,800,000
8,089,900
13,889,900

###
###
8,136,900
13,936,900

GROUP INSURANCE

5,701,452

SGTI

1,835,000

GRAND -TOTAL

179,872,015

5,644,552
###
181,916,390

29-Oct-15

REVISION-2: P
Jan-16
COMMISSION EXPENSES:
OPTIONAL
- FYP
- OVERRIDES
- RENEWAL
ENDOWMENT AT 56
Sub-Total
INCENTIVES:
CONTESTS AWARDS
SALES RALLY INCENTIVE
FAM/NCR LEADER ALLOWANCE
MONTHLY CASH REWARDS
QUARTERLY CASH REWARDS
ANNUAL REWARDS

Feb-16

5,346,654
1,113,886
3,172,071
208,199
9,840,811

79,000
388,800

SUB-TOTAL

467,800

5,620,913
1,171,024
3,195,763
208,699
10,196,399

###
###

467,800

SERVICE FEES:
CORPORATE GIVE-AWAYS
AWARDS (plaques/cert/etc)
SUB-TOTAL
PROFESSIONAL FEES:
Speakers/Facilitators (Seminar)
Trainer/Speakers (Conference w/Sales Force)

150,000

SUB-TOTAL
OTHER AGENTS WELFARE and BENEFITS ACCOUNT :
CLOTHING/UNIFORM INCENTIVE
TEAM BUILDING/SUMMER OUTING
SEMINAR
FOR NEW
SAs
10,000
SEM. ON SKILLS
IMPROVEMENT
(Financial
Planning Program)
UPDATING OF SALES MANUALS
TRAINING MODULES
ISSUANCE OF AGENTS ID CARD
MEETINGS WITH FAMs/NCR LEADERS
10,000
CONFERENCE WITH SALES FORCE
CHRISTMAS PARTY SUBSIDY
SUB-TOTAL
20,000
TOTAL
10,328,611
GROUP INSURANCE/MBI/UBI EXPENSES:
MBI/UBI INCENTIVE
416,697
GROUP INSURANCE EXPENSES
171,044
TOTAL
587,741
GRAND TOTAL

10,916,351

150,000

55,000
20,000

75,000
10,889,199
418,107
169,337
587,444
11,476,642

REVISION-1 :PROJECTED PREMIUM REVENUES FOR CY

Mar-16

Apr-16

May-16

Jun-16

Jul-16

23,537,437
117,737,698
141,275,135

23,329,752
118,340,878
141,670,630

22,112,895
120,443,105
142,556,000

22,419,129
121,638,118
144,057,247

22,434,043
121,574,032
144,008,075

368,457
20,551,435
20,919,892

408,812
20,561,080
20,969,892

443,995
20,575,897
21,019,892

477,349
20,592,543
21,069,892

505,217
20,614,675
21,119,892

1,000,000
4,800,000
8,183,800
13,983,800

1,000,000
5,150,000
8,230,700
14,380,700

1,000,000
5,150,000
8,277,500
14,427,500

1,000,000
5,150,000
8,324,500
14,474,500

###
5,350,000
8,371,400
14,721,400

6,790,273

5,890,940

6,313,520

14,782,835

6,163,659

1,835,000

1,835,000

1,835,000

1,835,000

184,804,101

184,747,163

196,219,474

187,848,026

###
186,151,912

REVISION-2: PROJECTED COMMISSION/INCENTIVES & SALES EXPENSES FOR

Mar-16

Apr-16

5,648,985
1,176,872
3,237,787
209,199
10,272,842
14,000
35,000
79,000
388,800
360,300
877,100

May-16

5,599,140
1,166,488
3,254,374
209,699
10,229,701

Jun-16

5,307,095
1,105,645
3,312,185
210,199
9,935,124

79,000
388,800

79,000
388,800

467,800

467,800

5,380,591
1,120,956
3,345,048
210,699
10,057,295
14,000
35,000
79,000
388,800
360,300
877,100

Jul-16
5,384,170
1,121,702
3,343,286
211,199
10,060,357

###
###

467,800

150,000
-

150,000

150,000
25,000

150,000

25,000

438,250

350,600

455,000
10,000

87,650
10,000

45,000
25,000
20,000
30,000
10,000

10,000
100,000
11,149,942

475,000
11,172,501

528,250
11,081,174

450,600
11,559,995

137,650
10,665,807

419,514
203,708
623,222

431,421
176,728
608,149

432,825
189,406
622,231

434,235
443,485
877,720

441,642
184,910
626,552

11,773,165

11,780,650

11,703,405

12,437,715

11,292,359

VENUES FOR CY2016

Aug-16

Sep-16

Oct-16

Nov-16

Dec-16

23,000,000
122,237,158
145,237,158

23,200,000
122,209,427
145,409,427

23,400,000
123,469,427
146,869,427

23,600,000
123,657,654
147,257,654

23,800,000
124,932,966
148,732,966

528,000
20,641,892
21,169,892

546,000
20,673,892
21,219,892

564,000
20,705,892
21,269,892

582,000
20,737,892
21,319,892

600,000
20,769,892
21,369,892

1,000,000
5,450,000
8,418,400
14,868,400

1,000,000
5,450,000
8,465,300
14,915,300

###
5,750,000
8,512,200
15,262,200

1,000,000
5,750,000
8,559,100
15,309,100

###
###
8,606,000
15,356,000

6,244,527

5,897,727

6,451,695

6,002,968

6,018,881

1,835,000

1,835,000

1,835,000

1,835,000

1,835,000

189,354,977

189,277,346

191,688,215

191,724,615

193,312,740

Oct-16

Nov-16

Dec-16

EXPENSES FOR CY2016

Aug-16
5,520,000
1,150,000
3,361,522
211,699
10,243,221
194,000
79,000
388,800

661,800

Sep-16
5,568,000
1,160,000
3,360,759
212,199
10,300,958
14,000
###
79,000
388,800
###
877,100

5,616,000
1,170,000
3,395,409
212,699
10,394,108

###
###

467,800

5,664,000
1,180,000
3,400,585
213,199
10,457,784

79,000
388,800
1,478,500
1,946,300

5,712,000
1,190,000
3,435,657
213,699
10,551,355
###
37,500
###
###
360,300
879,600
###

40,000
40,000

150,000

###

25,000

###
###
10,945,021

11,178,058

100,000
110,000
10,971,908

100,000
100,000
12,504,084

100,000
11,705,955

446,052
187,336
633,388

447,459
176,932
624,391

457,866
193,551
651,417

459,273
180,089
639,362

460,680
180,566
641,246

11,578,409

11,802,449

11,623,325

13,143,446

12,347,202

TOTAL
276,531,453
1,447,798,083
1,724,329,537
5,665,979
247,472,729
253,138,708
12,000,000
63,350,000
100,175,700
175,525,700
81,903,029
22,020,000
2,256,916,974

TOTAL
66,367,549
13,826,573
39,814,447
2,531,387

122,539,956
250,000
142,500
948,000
4,665,600
1,441,200
1,478,500
8,925,800
300,000
40,000
340,000
300,000
50,000

350,000
876,500
455,000
30,000
100,000
25,000
40,000
30,000
40,000
200,000
200,000
1,996,500
134,152,256
5,265,771
2,457,091
7,722,862
141,875,118