Insurance Concepts: Life Insurance
Process of reinstatement value fire policies.
This is a policy issued on the fire policy form with a Reinstatement Value Memorandum. The salient features are: Read more
Insurance Tips: Clientele building, prestige and prospecting
Always assign yourself just a little more work than you can comfortably fit into the course of a day. This practice makes one too busy to stop and lose time on non-essentials. Read more
Motor Insurance: Provisions under Motor Vehicles Act regarding Transfer of Certificate of Insurance in India
The 1988 Act requires issue of a Certificate of Insurance by the insurers as proof of Third party insurance to satisfy the requirements of Chapter XI of the Act. Read more
Types of sales presentations
Typically, all salespeople use one of the following types of sales presentations. Read more
The scope of activities in sales situations
A typical day in a salesperson’s life includes making certain number of calls, opening of new accounts, analysing the account lost, if any, sales presentation, closing of initiated sales preparing daily reports and keeping records of transactions. It is worth while to throw somelight on the various activities and job performed by a salesperson. Read more
Qualities of a Good Sales Personnel
Some people say salesmen are born salesmen while others believe that training can help in making good salesmen.
Irrespective of these opinions, good salesman has certain qualities and abilities as a result he is able to perform better than others. Read more
Smoking and term insurance
If your insurer labels you as a smoker, it places you in the smoker risk category. This means your premium will be higher than it is for nonsmokers
Read moreNippon Life Insurance to bring post-sales service to Indian insurance market
Japan’s Nippon Life has said it plans to bring the practice of post-sales services to the Indian insurance industry through its partnership with Reliance Life in the country.
Read moreUnderstanding reversionary bonus in Insurance
Insurance in India was traditionally bought by customers more as a tax saving investment rather than to protect the family’s future from adversities in life. Read more