its about training document

1. TRAINING
BATCH
Introduction
April 2023

2. Why Life insurance is important ?

3. How Life
insurance can be
beneficial ?

4. Why Life insurance industry
is important ?
India is the fifth largest life insurance
market in the world's emerging
insurance markets, growing at a rate
of 32-34% each year.

5. Situation before COVID 19
• Life Insurance penetration in India was 2.82% till
2019
• As per studies, 30 people out of 100 have a life
insurance policy in India.
• Life insurance coverage in rural India is set at a
mere 8-10% and another study reveals that
coverage in urban India is 78%

6. Situation after COVID 19
• According to the Economic Survey 2021-2022, life insurance penetration
rose to 4.2% in the year 2020.
• Life insurance industry recorded a premium income of Rs 6,28,731 crore
during 2020-21, as against Rs 5,72,910 crore in the previous financial
year, registering a growth of 9.74%
• People have become ascertain towards life insurance importance and its
benefits post the Covid-19 pandemic era.
• People have now started to invest in life insurance policies to shelter and
secure themselves and their loved ones from unforeseen mishaps such
as the death of a family member.

7. Who is an Agent Advisor ?
An Agent Advisor is a person who works for a
Life insurance company and solicits the
company’s insurance products on behalf of
the company.
They interact with individuals to understand
their financial requirements and identify the
best solution to them.

8. What is the role of an Agent Advisor ?
An Agent Advisor is also known as a financial doctor.
When a bread winner of a family dies, not only
emotional loss has to beared by a family but there is
also a financial loss which has to be beared by them.
To avoid such situation, an agent advisor plays a
pivotal role to bridge financial gap in case of
unfortunate incident.

9. Who are we ?
We spread awareness about financial
security.
We provide proper financial solution to
overcome financial gaps.
We are into noble profession of securing
lives of the people and spreading happiness.

10. We
are the
Agent Advisor