How Much Can
You Earn?

Do you want to change your life?

Anyone you introduce directly beneath you (1st Level)
is called a Key Appointment.

Starting out, all IFAs are taught the principle of building their business step by step; first by referring 2 people to join their team, then 5, then 10 – then teach each of these people to do the same.

process

Well done – you have perfected the 2-5-10 formula for success!

  • Don't stop at 10 - the more Key Appointments you have, the more successful you will be.
  • Encourage your Key Appointments to do what you are doing to build a bigger team - this is the power of network marketing. Never assume the people you recruit are going to take building the business as serious as you do. This is all about taking them through basic training and helping them overcome obstacles and become successful.
  • Keep sharing and watching the Digital Presentation - learning and relearning is crucial in running your business.
Here’s how to do it

Here’s how to do it

Make sure at least one IFA at every level (Levels 1-6) within one leg of your downline qualifies for IFA Earnings. If this is not so, you will earn 25% (one quarter) of the IFA Earnings on business at the levels below the last IFA Earner.

Full earnings will only be earned to the level where an Earning Key Appointment exists on that level and above (in the same leg of your downline) or earnings will be quartered.

Tips

  • Lead by example. Continue to invite people every week, to a Presentation, so your team can see you hard at work.
  • Make sure your team understands how IFA works and how they need to invite others.
  • Make sure that everyone in your team understands the importance of paying the monthly payment and business fees.
  • Focus on helping someone to become an earner, not just on becoming an IFA.
Becoming a regular monthly earner

Becoming a regular monthly Earner

Your key to success – and the goal of every IFA – is to become a regular monthly Earner. Once you introduce 5 Key Appointments who pay a premium in the same month, you will have established yourself as an IFA Earner, earning an income every month. Remember, when your Key Appointments have also introduced IFAs below them and you are rewarded for their efforts too. The power of IFA Earnings is that you are rewarded on 6 Levels for the efforts of your team (Downline). So, keep motivating your Key Appointments and get them to do the same. Here is what you can earn on each paid product.

HOW TO EARN

Monthly Earnings is key to securing your financial future and the foundation of establishing a regular extra income.

Where you as an IFA have 5 or more paid Key Appointments and have an active DebiCheck mandate in place for your own membership, you become an IFA Earner. Monthly Earnings are based on monthly payments received from IFAs in your downline. The calculation of monthly Earnings depends on the products bought by your downline.

Monthly Earnings are calculated according to the year mode of each product, payment or premium and all annual increases. Each component of the premium or payment (i.e. the base premium or payment and each increase separately) has its own date of commencement that determines the year mode, i.e. the year of payment for that component.

Life Product Earnings Table

Life, Ultimate Dignity, Funeral Dignity, Ultimate Foundation (Life Component), Foundation (Life Component) plans and Health policies (pre 01 April 2017).

Percentage Paid of Premium

Level1st Year Mode2nd Year Mode3rd Year Mode
112%2.4%2.4%
224%4.8%4.8%
324%4.8%4.8%
49%1.8%1.8%
54.5%0.9%0.9%
62.25%0.45%0.45%

Note: No payment is made for year modes of 4 and greater.

Savings Product Earnings Table

Saver and Protector Plan, Wealth Plan, Ultimate Foundation (Savings Component) and Foundation Plan (Savings Component)

LevelPercentage Paid of Premium
10.75%
21.50%
30.70%
41.8%
50.40%
60.15%

For these products where DOC is 01 January 2009 or later Earnings are paid for the duration of the contract and are not subject to year modes. The Earnings paid are calculated on the full premium, capped at the first R200 for the Saver and Protector Plan and R500 for the Wealth Plan.

For the Foundation Plan and the Ultimate Foundation Plan the total premium contains a life component (i.e. the Protector Portion, which is calculated per the Life products Earnings table). The savings component Earnings are calculated based on the premium for this component only, capped at the first R500 for the Foundation Plan and the Ultimate Foundation Plan.

For Saver and Protector products where DOC is prior to 01 January 2009, the Earnings paid are subject to year modes and the same percentage as outlined in the Life products Earnings table.

Other Insurance Products Earnings Table

Clientèle Legal plans (excl. VAT), H.E.L.P plans and IFA Europ Assistance rider Monthly Earnings are paid for the full duration of the contract and are not subject to year modes.

LevelPercentage Paid of Premium
13%
26%
36%
42.5%
51.5%
61%

Clientèle Mobile

Monthly Earnings on data and airtime purchases for Clientèle Mobile SIM cards in a downline are paid for the full duration of the contract where an IFA is an Earner. You earn at the following percentages per level:

LevelPercentage of Recharge Value
10.15%
20.30%
30.30%
40.14%
50.08%
60.03%

IFA GOLD

Monthly Earnings are paid on IFA Gold net of VAT for the full duration of the contract

LevelPercentage Paid of Premium
11.875%
23.75%
33.75%
41.75%
51%
60.375%

IFA Earnings on IFA Gold will be the same for all years.

Monthly Earning Calculations

Example 1

LevelCount on LevelsUltimate Dignity R342 per monthEarnings per month
15R205.20 (12%)
5
Key Appointments
R205.20
225R4,104.00 (24%)
25
Key Appointments
R2,052.00
3125R41,040.00 (24%)
125
Key Appointments
R10,260.00
R12, 517.20
Per Month
For Levels 1 – 3

Example 2

LevelCount on LevelsUltimate Dignity R342 per monthIFA GOLD R382.61 per month (excl VAT)Earnings per month
110R205.20 (12%)
5
Key Appointments
R35.87 (1.875%)
5
Key Appointments
R241.07
2100R4,104.00 (24%)
50
Key Appointments
R717.39 (3.75%)
50
Key Appointments
R4,821.39
31000R41,040.00 (24%)
500
Key Appointments
R7,173.93 (3.75%)
500
Key Appointments
R48,213.91
R53, 276.37
Per Month
For Levels 1 – 3

QUARTERING OF EARNINGS

Ensure that at least one IFA at every Level within one leg of your downline qualifies for IFA Earnings. If this is not achieved, then you will only be paid 25% (one quarter) of IFA Earnings on business at the Levels below the last IFA Earner. In other words full Earnings will only be earned down to the Level where there exists an Earning Key Appointment (on that Level and above), thereafter quartering will apply.