International Life 360 Limited - Franchise

International Life 360 Limited - Franchise
Category : Business Services Investment: Rs. 2 Lac - Rs. 5 Lac unlimited

InternationalLife360 is an online portal for consumers to purchase term life insurance in US$, from almost every country in the world. The product is underwritten and issued by an Insurance company with headquarters in USA. The major advantage of our offering apart from the fact that it's all online, is that customers can purchase up to $250,000 of life insurance with NO MEDICAL EXAMINATIONS Although customers can purchase directly online, our business relies on Distributors who recommend or refer their customers to our site. In return the Distributor earns generous referral fees and the customer receives 5% discount on their premiums. (Find out more at; http://www.internationallife360.com/distributors.html)  

Franchise Prerequisites:

  • The commitment and resources essential to market & represent our products to a swiftly expanding and diverse customers
  • Person with leadership experience in related field
  • A track record of success in providing the highest level of customer service & satisfaction in business
  • Entrepreneurial excellence with zeal to become successful

Add-Ons to Franchisee:

  • Expert guidance in setting up franchise
  • Benefit of lifetime franchise term
  • Marketing assistance
  • Advertisement support
  • Good returns on investment

International Life 360 Limited enables access to insurance for international clients. We use GBG Insurance Limited to provide the insurance you which can protect you wherever you are. GBG appointed International Life 360 Limited as distributors for its products online. GBG has operated for more than 30 years serving the needs of international workers and expatriates, third-country nationals, and locals. They have just passed $100m US in annual premiums. They are rated B++ (Good) by AM Best and are domiciled in Guernsey with their corporate headquarters in California, United States of America. GBG operates in dozens of countries around the world. GBG has administration operations in India and contact centres in Asia. It has its roots in providing medical insurance cover for teachers operating overseas, and now offers international term life, disability insurance, and medical online. Known for international schemes business it has been increasingly offering these successful products to individuals through special distribution partnerships. Global Benefits Group has been specializing in the international insurance market for more than 30 years, serving as leading underwriters, developers and distributors of products and services.      

International Life 360 Limited - Franchise Investment Details

Commenced Dates

Date Commenced Operations 2013
Date Commenced Franchising / Distribution 2014

Franchise Details

Units

Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 2lac - 5lac    

Trade Partners Detail (Dealers, Distributors, MBOs, Retailers)

Types of Channels Investment Margin Area Requirement
Distributor    TBA  TBA

Expansion Locations

North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal
South Kerala, Karnataka, Tamil Nadu
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa
West Gujarat, Rajasthan, Maharashtra, Goa
Center Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details (Optional)

Want to expand Nationwide
Exclusive territorial rights to a unit  Yes
Performance guarantee to unit franchisee  No
Anticipated percentage return on investment  TBA
Likely pay back period of capital for a unit franchise  No capital required
Other investment requirements  nil

International Life 360 Limited - Franchise Training Details

Detailed operating manuals for franchisees No
Where is franchisee training provided?  
Is field assistance available for franchisee?  No
Will someone from Head Office provides assistance to franchisee in opening the franchise?  Yes
What IT systems do you presently have that will be included in the franchise?  No

International Life 360 Limited - Franchise Property Details

Type of property required for this franchise opportunity  
Floor area requirement  
Preferred location of unit franchised outlet  

International Life 360 Limited - Franchise Other Details

Do you have a standard franchise agreement?  Yes
How long is the franchise term for?  Life time
Is the term renewable?  Yes
International Life 360 Limited - Franchise

International Life 360 Limited - Franchise

Category : Business Services
Area Req :
Franchise Outlets : unlimited
Investment: Rs. 2 Lac - Rs. 5 Lac

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