Looking forward to starting your career as an agent partner in the insurance sector, one of the growing industries! It is essential to be aware about the functions of an insurance agent in India.
An insurance agent in India is a representative of a particular insurance company, appointed for selling insurance policies PAN India. However, nowadays, insurance agents in India are not only accountable for selling insurance policies but also represent the brand image of the company or insurer.
One of the major functions or you can say the core responsibility of an insurance agent in India is ro sell the best of insurance policies after understanding the requirements of customers. An Insurance Agents help insurance companies generate new business by contacting potential customers and selling one or more types of policies.
Anyone who is looking for a job in the insurance field needs to have a specific skill set to become the same. The profile of the insurance agent in India is all about marketing and selling the right insurance product to clients. These skills will help insurance agents in fulfilling all their insurance needs effectively.
One of the important functions of an insurance agent in India is soliciting prospective clients and procuring new business in India.
A good insurance agent always helps its customers in choosing the right insurance policy keeping in mind the client’s requirements. Clear off all the customer’s questions about the cover and documents required. The agent can also be of help if you need to undergo a medical test if required to get the policy issued.
An insurance agent always enquires about necessary details with the view to assessing the extent of risk in buying a policy and assisting the client with the claim process. He or she must have strong analytical skills.
Insurance agents must have the ability to evaluate the needs of their clients and propose insurance plans that will meet the criteria, as well as the clients’ affordability. It is possible by scheduling meetings, determining the extent of present coverage and investments, and building long-term goals.
It is also one of the major insurance agent sales duties, follow-up of leads. An agent must have a personal connection with the customer. For this, agents can use a proven method of calling, as it will help in taking follow-ups on leads. Hence, a vital part of becoming an insurance agent has a necessary follow-up strategy that has an explicit design for a particular client.
Data collection is mainly collecting data from customers who are looking for a policy. You can collect data using the internal records and make sure to maintain confidentiality also.. Apart from that, another reliable source is the internal claims officer. They are the part of the insurance-based firms and are responsible for the logging, maintenance, processing of claims.
An agent’s job does not end with selling a policy. The post-sale journey is also crucial for an insurance agent in India. This journey starts right from the onboarding process, to premium payment reminders, connecting at different stages to meet the changing needs, and finally, at the time of claim settlement.
An insurance agent holding proficiency in these roles and responsibilities has enormous scope to make a successful career in this field.
If you’re interested in becoming an insurance agent, join us as a PoSP insurance Agent! Become your own boss with zero investment! Many exciting earning opportunities are waiting for you at PBPartners!
The applicant should be certified by the Insurance Regulatory and Development Authority of India (IRDAI).
The major skills and attributes of a life insurance agent include product knowledge, negotiation, active listening, and relationship building and . Each of these abilities can help insurance agents improve their sales numbers and develop long-lasting relationships with clients.
To become an LIC agent, you need to complete 10th standard examination and must be of 18 years of age. The cumulative charges for training, exams, and registration are typically affordable. People from diverse socio-economic backgrounds can apply easily.
Insurance Agents help insurance companies generate new business by contacting potential customers and selling one or more types of policies.
Become PoSP insurance agent in India and open a world of endless opportunities today with PBPartners.com.
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.