Welcome to max newyork life insurance co

5,155 views
4,971 views

Published on

For induction of the Insurance agents

1 Comment
1 Like
Statistics
Notes
No Downloads
Views
Total views
5,155
On SlideShare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
186
Comments
1
Likes
1
Embeds 0
No embeds

No notes for slide

Welcome to max newyork life insurance co

  1. 1. WELCOME TO MAX NEWYORK LIFE INSURANCE COMPANY
  2. 2. ABOUT MAX NEWYORK LIFE INSURANCE COMPANY <ul><li>ITS ONE OF THE LARGEST LIFE INSURANCE COMPANY IN THE WORLD </li></ul><ul><li>ESTABLISHED IN 1845 IN NEW YORK </li></ul><ul><li>FORTUNE 100 COMPANY </li></ul><ul><li>215BILLION $ UNDER MANAGEMENT </li></ul><ul><li>FIRST COMPANY TO INSURE WOMEN AT THE SAME RATE AS MEN IN 1894 </li></ul><ul><li>FIRST COMPANY TO COVER DISABILITY BENEFIT </li></ul><ul><li>FIRST COMPANY TO ISSUE COVER FOR UNEMPLOYMENT/CUSTOMER CARE ON WEB </li></ul><ul><li>FIRST TO OFFER CASH DIVIDENTS TO POLICY HOLDERS </li></ul>
  3. 3. ABOUT THE COMPANY <ul><li>IN INDIA MAX CAME IN 1985 </li></ul><ul><li>IS OWNED BY TOP MOST PHARMA COMPANY RANBAXY GROUP </li></ul><ul><li>WITH MORE THAN 100 OFFICES IN INDIA IN 73 CITIES </li></ul><ul><li>AND ONE OF THE MOST REPUTATED LIFE INSURANCE COMPANY IN INDIA </li></ul>
  4. 4. ABOUT THE PRODUCTS <ul><li>MAX HAS GOT 14 PLANS WITH 7 RIDERS </li></ul><ul><li>WITH MORE THAN 500 COMBINATIONS </li></ul><ul><li>TO SUIT EVERY ONES REQUIREMENT </li></ul><ul><li>MAX ALSO DEALS IN MEDICLAIM </li></ul><ul><li>OFFERS 3 DIFFERENT HEALTH INS PLANS </li></ul><ul><li>OUR TEAM WORKS ON ROUND THE CLOCK TO IMPROVE OUR PRODUCTS TO SUIT THE BASIC REQUIREMENTS </li></ul><ul><li>RECENTLY TIED UP WITH LEADING BRITISH HEALTH INSURANCE COMPANY TO LAUNCH HEALTH INSURANCE PRODUCTS IN INDIA </li></ul>
  5. 5. TO BECOME AN AGENT <ul><li>IRDA HAS REQUIREMENT OF COMPULSORY 50 HRS OF TRAINING </li></ul><ul><li>EARLIER IT WAS 100HRS IN 2007 GOT </li></ul><ul><li>AMENDED AND REDUCED TO 50HRS, IC33 </li></ul><ul><li>MAX NEWYORK LIFE INSURANCE COMPANY TAKES IT OWN RESPONSIBILITY TO TRAIN ITS AGENTS AND ASSOCIATES NOT LIKE OTHER COMPANY’S OUTSOURCING THE TRAINING . WE VALUE OUR ASSOCIATES </li></ul><ul><li>WE HAVE SKILLED PEOPLE TO BRING OUT THE BEST IN YOU TO MAKE YOU UNDERSTAND INSURANCE BUSINESS WELL </li></ul>
  6. 6. HOW IT WILL WORK <ul><li>TO BECOME AN AGENT YOU WILL BE PROVIDED BASIC TRAINING TO CLEAR YOUR IRDA EXAM AND GET YOUR AGENTS LICENCE </li></ul><ul><li>YOU WILL BE PROVIDED TRAINING OF ALL THE PRODUCTS MAX IS SELLING </li></ul><ul><li>YOU WILL BE REPORTING TO AN EXPERIENCED SALES MANAGER FOR ALL THE DAY TO DAY SUPPORT GUIDANCE </li></ul><ul><li>YOU WILL BE BACKED BY OUR SKILLED TRAINING TEAM TO CLEAR YOUR DOUBTS </li></ul><ul><li>WE WILL LIKE TO WORK WITH YOU AS A TEAM </li></ul>
  7. 7. ABOUT LIFE INSURANCE <ul><li>INSURANCE BUSINESS IS UNDERSTOOD TO BE IN EXISTANCE SINCE 3000BC </li></ul><ul><li>THE FIRST INSURANCE COMPANY NAMED THE FIRE OFFICE WAS ESTABLISHED IN LONDON IN 1680 </li></ul><ul><li>THE NEED ARISED WHEN MASSIVE FIRE IN LONDON BROUGHT DOWN 13000 HOUSES IN 1666. </li></ul>
  8. 8. INSURANCE BUSINESS IN INDIA <ul><li>IN INDIA INSURANCE BEGAN IN 1818 </li></ul><ul><li>ORIENTAL LIFE INSURANCE COMPANY </li></ul><ul><li>1870 FIRST INDIAN COMPANY CALLED </li></ul><ul><li>BOMBAY MUTUAL ASSURANCE SOCIETY IN MUMBAI STARTED </li></ul><ul><li>LIC CAME INTO EXISTANCE IN 1956 </li></ul><ul><li>LAW WAS AMENDED IN 1999 </li></ul><ul><li>LIC DID NOT HAVE THE EXCLUSIVE </li></ul><ul><li>PRIVILIDGE TO DO LIFE INSURANCE </li></ul>
  9. 9. OTHER COMPANIES FORAYED THEIR BUSINESS IN INDIA <ul><li>AFTER THE AMENDMENT IN 1999 </li></ul><ul><li>MORE THE A DOZEN INSURANCE COMPANIES VENTURED THEIR BUSINESS IN INDIA </li></ul><ul><li>LIKE MAX NEW YORK, TATA AIG,BAJAJ ALLIANZ,BIRLA SUN LIFE,RELIANCE,ICICI PRUDENTIAL, </li></ul>
  10. 10. PURPOSE & NEED OF INSURANCE <ul><li>THE BUSINESS OF INSURANCE IS RELATED TO THE PROTECTION OF THE ECONOMIC VALUES OF ASSETS ,EVERY ASSETS HAS A VALUE </li></ul><ul><li>ASSETS ARE INSURED,BECAUSE THEY ARE LIKELY TO BE DESTROYED OR MADE NON-FUNCTIONAL BEFORE THE EXPECTED LIFE TIME </li></ul><ul><li>THROUGH ACCIDENT,FIRE FLOODS,EARTHQUAKES,TSUNAMI </li></ul><ul><li>IF THE LOSS IS NOT FINANCIAL INSURANCE MAY NOT BE POSSIBLE </li></ul>
  11. 11. CLASSIFICATION OF RISKS <ul><li>RISK ARE CLASSIFIED IN VARIOUS WAYS </li></ul><ul><li>CRITICAL RISK ARE THOSE WHICH MAY LEAD TO BANKRUPTCY OF THE OWNER IT WOULD HAPPEN IF THE LOSS IS TOTAL </li></ul><ul><li>IMPORTANT RISK MAY UPSET FAMILY BUSINESS,FINANCES BADLY,REQUIRING A LOT OF TIME TO RECOVER </li></ul><ul><li>UN IMPORTANT RISK LIKE TEMP ILLNESS OR ACCIDENTS </li></ul><ul><li>DYNAMIC WHICH HAVE NATIONAL CONSEQUENCES LIKE INFLATION POLITICAL INSTABILITY </li></ul><ul><li>STATIC RISKS ARE LIKE FIRE, THEFT </li></ul>
  12. 12. LIFE INSURANCE PRODUCTS <ul><li>LIFE INSURANCE PRODUCTS ARE USUALLY REFERRED TO AS PLANS </li></ul><ul><li>TERM ASSURANCE PLANS CHEAPEST AND ONLY PAID IN CASE OF DEATH </li></ul><ul><li>PURE ENDOWMENT PLANS </li></ul><ul><li>WHOLE LIFE PLANS </li></ul><ul><li>MONEY BACK PLANS </li></ul><ul><li>PENSION PLANS </li></ul><ul><li>CHILD ENDOWMENT PLANS </li></ul><ul><li>GROUP INSURANCE PLANS </li></ul>
  13. 13. FORWARD WE MOVE <ul><li>I HOPE WE WILL TAKE MAX NEWYORK TO ANOTHER LEVEL </li></ul><ul><li>AND BRING PROUD TO OUR TEAM,COMPANY AND FAMILY/FRIENDS </li></ul><ul><li>BEST OF LUCK </li></ul><ul><li>BY CAPT AMAN PARTAP (TRAINER) </li></ul><ul><li>MAX NEWYORK LIFE INSURANCE CO </li></ul>

×