Confidential, concept development. Strictly private.

Residual income opportunity

Members of the various Spectrum Assist plans can earn residual income by recruiting new members. This approach reduces the need for commercial marketing, leveraging the power of personal referrals instead. Unlike pyramid schemes, this model pays commissions solely to the recruiter, with no payments going to any upline structure.

The key benefit of this model lies in its residual commission structure. Once a recruiter signs up a new member, they will receive a monthly commission each time the recruit pays for their policy. As a result, every new recruit increases the recruiter’s ongoing monthly income.

As the recruits grow so will the income to the recruiter. Each month the recruiter will effectively experience an increase in income.

A concept unheard of in the insurance industry and what make Spectrum Assist the next insurance industry disrupter.

Income scenarios:

These scenarios below are for illustrative purposes, and merely represents the potential income.

Recruiter 1: Low Performer

Policies Sold: 2 in month 1, 3 in month 2, 2 in month 3, and so on.
Policy Mix:
- 1 Standard Monthly Plan (IND) = R17.00 commission per recruit per month
- 1 Basic Annual Plan (IND) = R37.50 commission (one-time)

Month 1 Earnings:

Monthly commission: (1 * R17.00) + (1 * R37.50) = R54.50

Month 2 Earnings:

New recruits: 3 (2 Standard, 1 Premium)
Monthly commission: (3 * R17.00) + (1 * R42.00) + Previous Month Residual = R93.00 + R17.00 (from Month 1) = R110.00

Month 3 Earnings:

New recruits: 2 (2 Standard)
Monthly commission: (2 * R17.00) + Previous Months' Residual = R34.00 + R110.00 = R144.00

Estimated Monthly Earnings Growth:

Month 1: R54.50
Month 2: R110.00
Month 3: R144.00

Estimated Annual Earnings: Total over 12 months considering continuous recruitment growth ≈ R2,300

Recruiter 2: Moderate Performer

Policies Sold: 3 in month 1, 5 in month 2, 4 in month 3, etc.
Policy Mix:
- 2 Standard Monthly Plans (IND) = R34.00 commission per recruit per month
- 2 Enhanced Monthly Plans (IND) = R57.00 commission per recruit per month
- 1 Premium Monthly Plan (IND) = R42.00 commission per recruit per month

Month 1 Earnings:

Monthly commission: (2 x R34.00) + (2 x R57.00) + (1 x R42.00) = R224.00

Month 2 Earnings:

New recruits: 5 (3 Standard, 2 Enhanced)
Monthly commission: (3 x R34.00) + (2 x R57.00) + Previous Month Residual = R258.00 + R224.00 = R482.00

Month 3 Earnings:

New recruits: 4 (2 Standard, 1 Premium, 1 Deluxe)
Monthly commission: (2 x R34.00) + (1 x R42.00) + (1 x R115.00) + Previous Months' Residual = R225.00 + R482.00 = R707.00

Estimated Monthly Earnings Growth:

Month 1: R224.00
Month 2: R482.00
Month 3: R707.00

Estimated Annual Earnings: Total over 12 months considering continuous recruitment growth ≈ R8,500

Recruiter 3: Good Performer

Policies Sold: 10 in month 1, 12 in month 2, 15 in month 3, etc.
Policy Mix:
- 5 Standard Monthly Plans (FAM) = R255.00 commission per recruit per month
- 3 Enhanced Monthly Plans (FAM) = R171.00 commission per recruit per month
- 2 Premium Monthly Plans (FAM) = R252.00 commission per recruit per month

Month 1 Earnings:

Monthly commission: (5 x R255.00) + (3 x R171.00) + (2 x R252.00) = R1,845.00

Month 2 Earnings:

New recruits: 12 (5 Standard, 3 Enhanced, 4 Premium)
Monthly commission: (5 x R255.00) + (3 x R171.00) + (4 x R252.00) + Previous Month Residual = R2,250.00 + R1,845.00 = R4,095.00

Month 3 Earnings:

New recruits: 15 (5 Standard, 5 Enhanced, 5 Premium)
Monthly commission: (5 x R255.00) + (5 x R171.00) + (5 x R252.00) + Previous Months' Residual = R3,390.00 + R4,095.00 = R7,485.00

Estimated Monthly Earnings Growth:

Month 1: R1,845.00
Month 2: R4,095.00
Month 3: R7,485.00

Estimated Annual Earnings: Total over 12 months considering continuous recruitment growth ≈ R88,000

Recruiter 4: Top Performer

Policies Sold: 20 in month 1, 30 in month 2, 40 in month 3, etc.
Policy Mix:
- 10 Standard Monthly Plans (FAM) = R510.00 commission per recruit per month
- 10 Enhanced Monthly Plans (FAM) = R855.00 commission per recruit per month
- 10 Premium Monthly Plans (FAM) = R1,260.00 commission per recruit per month

Month 1 Earnings:

Monthly commission: (10 x R510.00) + (10 x R855.00) + (10 x R1,260.00) = R2,625.00

Month 2 Earnings:

New recruits: 30 (10 Standard, 10 Enhanced, 10 Premium)
Monthly commission: (10 x R510.00) + (10 x R855.00) + (10 x R1,260.00) + Previous Month Residual = R5,025.00 + R2,625.00 = R7,650.00

Month 3 Earnings:

New recruits: 40 (10 Standard, 10 Enhanced, 20 Premium)
Monthly commission: (10 x R510.00) + (10 x R855.00) + (20 x R1,260.00) + Previous Months' Residual = R8,760.00 + R7,650.00 = R16,410.00

Estimated Monthly Earnings Growth:

Month 1: R2,625.00
Month 2: R7,650.00
Month 3: R16,410.00

Estimated Annual Earnings: Total over 12 months considering continuous recruitment growth ≈ R150,000

Summary of Potential Earnings:

Recruiter 1 (Low Performer): R2,300 per year
Recruiter 2 (Moderate Performer): R8,500 per year
Recruiter 3 (Good Performer): R88,000 per year
Recruiter 4 (Top Performer): R150,000 per year

These revised estimates reflect the cumulative impact of residual income, showing how the monthly earnings grow significantly as more recruits are added over time.

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