Welcome to max newyork life insurance co
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Welcome to max newyork life insurance co

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For induction of the Insurance agents

For induction of the Insurance agents

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Welcome to max newyork life insurance co Welcome to max newyork life insurance co Presentation Transcript

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