Joining LIC as agent is best option to earn money. If you are interested in earning more money and want to become LIC agent, join LIC as agent today. For more to know click this presentation.
LIC of India is the largest life insurance company in India. It was established in 1956 after the nationalization of the insurance industry. LIC has over 250 million policyholders and a majority share of the life insurance market. It offers a wide range of insurance products and has expanded its services through technology and partnerships. LIC is a significant investor in infrastructure development in India and aims to provide financial security to all citizens.
A brief Presentation on Life Insurance Corporation of India. For more details please visit http://www.clickinsurance.co.in/life-insurance-corporation-of-india.html
2014 best life insurance plans in indiaSteven Wilson
The document discusses various types of insurance policies and plans offered in India in 2014 by LIC Insurance Services, including term insurance, health insurance, motor insurance, whole life policies, annuities, pension plans, and more. Details are provided on common insurance types like property insurance, personal accident insurance, and travel insurance. Unit-linked insurance plans and money-back plans are also summarized. The document provides an overview of the different life insurance options available to Indians through LIC Insurance Services in 2014.
The rapid expansion of the life insurance profession in India over recent years has delivered many benefits. It has
enabled families and individuals to protect themselves against some of life’s most serious risks, and to plan for their
financial security in retirement.
However, the sector does not have an unblemished record. There have been high profile situations where, frankly, the
consumer interest has been a second-tier priority. The task of the IRDA, as Regulator, is to promote and protect the
interests of policyholders.
The future success of the life insurance profession depends, above all, upon the knowledge and integrity of the people
who advise customers – and are their first, and most important, point of contact. At the IRDA, our goal is to see life
insurers increasingly able to attract, motivate and retain outstanding people, committed to providing a ‘needs-based’
approach to financial advice.
This new coursebook, and the revised qualification that agents now sit, is a vital part of our strategy. We have developed
a syllabus that is challenging in its scope and depth. It does not simply encourage agents to memorise facts and
figures. This is important, but insufficient. It also tests their understanding of learning, and ability to apply it in a wide
range of practical real-life situations.
I am grateful to the Chartered Insurance Institute for their extensive support for this work. We have benefitted greatly
from their experience in other markets. I am also thankful to many other industry practitioners who have given their time
and expertise to develop this material.
Above all, I acknowledge you, the aspiring professional, for embarking on this journey, and taking seriously the need
for professional study. Without you, there would be no future for this important marketplace. I trust you will find this
coursebook of great value for your studies, and send my best wishes for your future as a life agent.
Como lidar diferentes geracoes (Tradicionalistas, Baby Boomers, X, Y e Z) e m...Mauro de Oliveira
O documento discute as diferentes gerações no ambiente de trabalho, incluindo Tradicionalistas, Baby Boomers, Geração X e Geração Y. Ele descreve as características definidoras de cada geração e como lidar com suas diferenças para manter a produtividade.
LIC is India's largest life insurance company established in 1956. It is headquartered in Mumbai with over 2,000 branches across India. LIC aims to provide affordable life insurance primarily to rural and economically backward sections of Indian society. It has over 27 crore policies and assets of over ₹31 lakh crore, making it the largest insurer in India. LIC's objectives include spreading life insurance widely, maximizing savings mobilization, and acting as trustees for policyholders.
Communication strategy for India’s Gen YRemya Menon
Generations are groups of people born around the same time period who share similar behaviors and attitudes. The document discusses four main generations - Veterans, Baby Boomers, Generation X, and Generation Y. It provides characteristics of each generation regarding their core values, family life, work ethic, how they grew up, communication styles, motivations, and feedback preferences. For Generation Y specifically, it notes they are ambitious, tech savvy, rapid communicators, impatient, family-centric, and committed to the environment. It emphasizes the need to design a targeted communication strategy for India's youth to capture their attention, understand their goals, and gain their trust. Some recommendations include using visual examples, e-learning, quick feedback, humor
LIC of India is the largest life insurance company in India. It was established in 1956 after the nationalization of the insurance industry. LIC has over 250 million policyholders and a majority share of the life insurance market. It offers a wide range of insurance products and has expanded its services through technology and partnerships. LIC is a significant investor in infrastructure development in India and aims to provide financial security to all citizens.
A brief Presentation on Life Insurance Corporation of India. For more details please visit http://www.clickinsurance.co.in/life-insurance-corporation-of-india.html
2014 best life insurance plans in indiaSteven Wilson
The document discusses various types of insurance policies and plans offered in India in 2014 by LIC Insurance Services, including term insurance, health insurance, motor insurance, whole life policies, annuities, pension plans, and more. Details are provided on common insurance types like property insurance, personal accident insurance, and travel insurance. Unit-linked insurance plans and money-back plans are also summarized. The document provides an overview of the different life insurance options available to Indians through LIC Insurance Services in 2014.
The rapid expansion of the life insurance profession in India over recent years has delivered many benefits. It has
enabled families and individuals to protect themselves against some of life’s most serious risks, and to plan for their
financial security in retirement.
However, the sector does not have an unblemished record. There have been high profile situations where, frankly, the
consumer interest has been a second-tier priority. The task of the IRDA, as Regulator, is to promote and protect the
interests of policyholders.
The future success of the life insurance profession depends, above all, upon the knowledge and integrity of the people
who advise customers – and are their first, and most important, point of contact. At the IRDA, our goal is to see life
insurers increasingly able to attract, motivate and retain outstanding people, committed to providing a ‘needs-based’
approach to financial advice.
This new coursebook, and the revised qualification that agents now sit, is a vital part of our strategy. We have developed
a syllabus that is challenging in its scope and depth. It does not simply encourage agents to memorise facts and
figures. This is important, but insufficient. It also tests their understanding of learning, and ability to apply it in a wide
range of practical real-life situations.
I am grateful to the Chartered Insurance Institute for their extensive support for this work. We have benefitted greatly
from their experience in other markets. I am also thankful to many other industry practitioners who have given their time
and expertise to develop this material.
Above all, I acknowledge you, the aspiring professional, for embarking on this journey, and taking seriously the need
for professional study. Without you, there would be no future for this important marketplace. I trust you will find this
coursebook of great value for your studies, and send my best wishes for your future as a life agent.
Como lidar diferentes geracoes (Tradicionalistas, Baby Boomers, X, Y e Z) e m...Mauro de Oliveira
O documento discute as diferentes gerações no ambiente de trabalho, incluindo Tradicionalistas, Baby Boomers, Geração X e Geração Y. Ele descreve as características definidoras de cada geração e como lidar com suas diferenças para manter a produtividade.
LIC is India's largest life insurance company established in 1956. It is headquartered in Mumbai with over 2,000 branches across India. LIC aims to provide affordable life insurance primarily to rural and economically backward sections of Indian society. It has over 27 crore policies and assets of over ₹31 lakh crore, making it the largest insurer in India. LIC's objectives include spreading life insurance widely, maximizing savings mobilization, and acting as trustees for policyholders.
Communication strategy for India’s Gen YRemya Menon
Generations are groups of people born around the same time period who share similar behaviors and attitudes. The document discusses four main generations - Veterans, Baby Boomers, Generation X, and Generation Y. It provides characteristics of each generation regarding their core values, family life, work ethic, how they grew up, communication styles, motivations, and feedback preferences. For Generation Y specifically, it notes they are ambitious, tech savvy, rapid communicators, impatient, family-centric, and committed to the environment. It emphasizes the need to design a targeted communication strategy for India's youth to capture their attention, understand their goals, and gain their trust. Some recommendations include using visual examples, e-learning, quick feedback, humor
The document outlines challenges in training sales managers, agents, and trainers in the life insurance business and proposes an "Amazing Solution". It identifies problems such as high attrition of sales managers, untrained agents selling improperly, and trainers lacking skills. The solution proposes comprehensive certification programs for sales managers, agents, trainers, and content developers to standardize training according to business objectives and guarantee agent sales skills. The goal is to increase productivity and reduce costs associated with high turnover.
LIC provides sovereign guarantee from the Government of India, has the largest life insurance fund and total assets in India, and has vast experience managing group insurance plans. It has the largest market share of group insurance plans at 75% and maintains consistent interest rates for policyholders. LIC was formed in 1956 and is now the largest insurer in the world by covered lives.
This document discusses Generation X, born between 1961-1981. Key characteristics include being better educated than Baby Boomers, growing up with two working parents and rising divorce rates. They are ambitious but want work-life balance and to accomplish things on their own terms. Events that shaped Gen X include the Cold War ending, computer rise, and cable TV/MTV emergence. They are considered digital immigrants as they prefer in-person contact and gathering information over fully embracing technology.
Generation i........ R.I.P. Generation x , y and zOnkar K. Khullar
Generation i is the new breed marketers have to forget generation x,y and z.
I Impact India provides complete Communication Solutions (Design, Branding, Events, Marketing and Strategy) with a Social Impact. We cater to communication needs for Corporates, Non Profits, Artists, Universities, Hospitals etc.
Our research has given significant insights on this generation.
www.iimpactindia.com
1) The Life Insurance Corporation Act of 1956 nationalized the life insurance business in India and established the Life Insurance Corporation of India (LIC) to take over the business and assets of existing life insurers.
2) The LIC was given powers to carry on life insurance business both in India and abroad, invest funds, borrow money, and enter into arrangements to further its business operations.
3) The act also outlined the process for transferring existing life insurance policies, employees, assets, and documents of private insurers to the LIC.
The document discusses a study on the effectiveness of the recruitment and selection process at Bharti AXA Private Ltd. It provides details on the recruitment and selection processes at Bharti AXA, describes the insurance industry and profiles of both Bharti AXA and its competitors. Key information about Bharti AXA's products, plans, and leadership is also presented.
12 Favourite Sales Pitches Of A Life Insurancekktv
The document discusses common misleading sales pitches used by life insurance agents to sell unit-linked insurance plans (ULIPs). Some examples provided include pitching ULIPs as "mutual funds with free insurance" when there are actually mortality charges, focusing only on past high returns of equity funds without mentioning benchmarks, and claiming plans can remain active after stopping premium payments for three years when costs will still be deducted. The reality is ULIPs bundle insurance with investment and have various charges, and past returns are not indicative of future performance. Consumers are advised to understand the product, check claims against benchmarks, and only take premium holidays if truly unable to pay otherwise it may erode returns.
This document discusses strategies for selling life insurance, including role-playing introductions, calculating clients' human life value to determine insurance needs, milestone planning for retirement and education, highlighting unfelt needs, providing solutions, learning from objections, using resources like friends and colleagues, and having discussions rather than just cold calling. It advises impressing the need for rather than want of insurance, using one's brain rather than just muscle for sales, and providing contact information for training on these strategies.
Originally prepared in 2006. Are Generation X a lost generation?
Introduction to generations: https://www.slideshare.net/Steve_Mellor/the-generations-presentation-1-introduction
Boomers: https://www.slideshare.net/Steve_Mellor/presentation-2-boomers
Millenials: https://www.slideshare.net/Steve_Mellor/presentation-4-generation-y
Generational Marketing: https://www.slideshare.net/Steve_Mellor/presentation-5-how-understanding-the-generations-benefits-marketing
LIC Agent Training, Recruitment by Raj SharmaRaj Sharma
The document discusses requirements and process for becoming a Life Insurance Corporation (LIC) agent in India. LIC is India's largest life insurance company established in 1956 to serve rural and economically disadvantaged populations. To become an LIC agent one must have a 12th standard pass, be age 18 or older, undergo 100 hours of online and offline training, and pass an examination administered by the Insurance Regulatory and Development Authority. The document provides contact information for an experienced LIC agent who can provide assistance with the application process.
A study on customer satisfaction of life insurance policiesAnnamumumu
This document provides an overview of life insurance in India. It discusses the history and development of life insurance in India from its origins in 1818 with the establishment of the first life insurance company in Calcutta. It describes how life insurance gradually expanded and how the Life Insurance Corporation of India was created in 1956 to further spread life insurance across the country, especially to rural areas. The document also discusses the concepts of insurance, types of life insurance policies, and provides statistics on LIC's growth and expansion over the decades since its establishment.
5 Sales Prospecting Techniques You Probably Never Tried (but Should).Ago Cluytens
When I recently reached out to my network and asked "What is the #1 challenge you are facing when it comes to growing sales for your business ?" 75% of those I asked mentioned sales prospecting or lead generation.
The problem isn't that people don't know what do to; it's that what they've always done no longer works.
The simple truth is: if you're doing what everybody else is doing, you'll get the same results they do. Which - in a world where prospects are increasingly turning off their phone and turning *on* their spam filters - isn't much.
So if you want to stand out (and get more meetings), here are five sales prospecting techniques you probably never tried (but should).
This document provides information on identifying qualified prospects for life insurance sales. It defines what makes a qualified prospect, including that they have a need for life insurance, can afford it, and can qualify medically and financially. It also discusses factors that indicate increased need for life insurance, such as financial improvements, increased responsibilities, or life changes. The overall message is that successful prospecting requires identifying individuals who have both the need for and ability to purchase life insurance products.
A project report on hdfc standard life insuranceProjects Kart
This document provides an acknowledgement and index for a project report on HDFC Standard Life Insurance Company. It thanks the company and project guide for their support and guidance. The index outlines the contents of the report, which will cover topics like the history of insurance, HDFC's products and services, barriers to entry in the insurance sector, growth potential, and recommendations.
The LABOR CODE made EASY (by Atty. PoL Sangalang)PoL Sangalang
The LABOR CODE made EASY (by Atty. Apollo X.C.S. Sangalang).
This is the slide presentation of Atty. PoL Sangalang in his talk at the event "LAW AND ORDER: Enhancing Knowledge On The Labor Code Of The Philippines" organized by the Thomasian Junior Association for People Management of the University of Sto. Tomas - Human Resources Development Management (UST-HRDM) on September 20, 2013 at the Albertus Magnus (Education) Auditorium, UST Campus, Manila.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
The document outlines challenges in training sales managers, agents, and trainers in the life insurance business and proposes an "Amazing Solution". It identifies problems such as high attrition of sales managers, untrained agents selling improperly, and trainers lacking skills. The solution proposes comprehensive certification programs for sales managers, agents, trainers, and content developers to standardize training according to business objectives and guarantee agent sales skills. The goal is to increase productivity and reduce costs associated with high turnover.
LIC provides sovereign guarantee from the Government of India, has the largest life insurance fund and total assets in India, and has vast experience managing group insurance plans. It has the largest market share of group insurance plans at 75% and maintains consistent interest rates for policyholders. LIC was formed in 1956 and is now the largest insurer in the world by covered lives.
This document discusses Generation X, born between 1961-1981. Key characteristics include being better educated than Baby Boomers, growing up with two working parents and rising divorce rates. They are ambitious but want work-life balance and to accomplish things on their own terms. Events that shaped Gen X include the Cold War ending, computer rise, and cable TV/MTV emergence. They are considered digital immigrants as they prefer in-person contact and gathering information over fully embracing technology.
Generation i........ R.I.P. Generation x , y and zOnkar K. Khullar
Generation i is the new breed marketers have to forget generation x,y and z.
I Impact India provides complete Communication Solutions (Design, Branding, Events, Marketing and Strategy) with a Social Impact. We cater to communication needs for Corporates, Non Profits, Artists, Universities, Hospitals etc.
Our research has given significant insights on this generation.
www.iimpactindia.com
1) The Life Insurance Corporation Act of 1956 nationalized the life insurance business in India and established the Life Insurance Corporation of India (LIC) to take over the business and assets of existing life insurers.
2) The LIC was given powers to carry on life insurance business both in India and abroad, invest funds, borrow money, and enter into arrangements to further its business operations.
3) The act also outlined the process for transferring existing life insurance policies, employees, assets, and documents of private insurers to the LIC.
The document discusses a study on the effectiveness of the recruitment and selection process at Bharti AXA Private Ltd. It provides details on the recruitment and selection processes at Bharti AXA, describes the insurance industry and profiles of both Bharti AXA and its competitors. Key information about Bharti AXA's products, plans, and leadership is also presented.
12 Favourite Sales Pitches Of A Life Insurancekktv
The document discusses common misleading sales pitches used by life insurance agents to sell unit-linked insurance plans (ULIPs). Some examples provided include pitching ULIPs as "mutual funds with free insurance" when there are actually mortality charges, focusing only on past high returns of equity funds without mentioning benchmarks, and claiming plans can remain active after stopping premium payments for three years when costs will still be deducted. The reality is ULIPs bundle insurance with investment and have various charges, and past returns are not indicative of future performance. Consumers are advised to understand the product, check claims against benchmarks, and only take premium holidays if truly unable to pay otherwise it may erode returns.
This document discusses strategies for selling life insurance, including role-playing introductions, calculating clients' human life value to determine insurance needs, milestone planning for retirement and education, highlighting unfelt needs, providing solutions, learning from objections, using resources like friends and colleagues, and having discussions rather than just cold calling. It advises impressing the need for rather than want of insurance, using one's brain rather than just muscle for sales, and providing contact information for training on these strategies.
Originally prepared in 2006. Are Generation X a lost generation?
Introduction to generations: https://www.slideshare.net/Steve_Mellor/the-generations-presentation-1-introduction
Boomers: https://www.slideshare.net/Steve_Mellor/presentation-2-boomers
Millenials: https://www.slideshare.net/Steve_Mellor/presentation-4-generation-y
Generational Marketing: https://www.slideshare.net/Steve_Mellor/presentation-5-how-understanding-the-generations-benefits-marketing
LIC Agent Training, Recruitment by Raj SharmaRaj Sharma
The document discusses requirements and process for becoming a Life Insurance Corporation (LIC) agent in India. LIC is India's largest life insurance company established in 1956 to serve rural and economically disadvantaged populations. To become an LIC agent one must have a 12th standard pass, be age 18 or older, undergo 100 hours of online and offline training, and pass an examination administered by the Insurance Regulatory and Development Authority. The document provides contact information for an experienced LIC agent who can provide assistance with the application process.
A study on customer satisfaction of life insurance policiesAnnamumumu
This document provides an overview of life insurance in India. It discusses the history and development of life insurance in India from its origins in 1818 with the establishment of the first life insurance company in Calcutta. It describes how life insurance gradually expanded and how the Life Insurance Corporation of India was created in 1956 to further spread life insurance across the country, especially to rural areas. The document also discusses the concepts of insurance, types of life insurance policies, and provides statistics on LIC's growth and expansion over the decades since its establishment.
5 Sales Prospecting Techniques You Probably Never Tried (but Should).Ago Cluytens
When I recently reached out to my network and asked "What is the #1 challenge you are facing when it comes to growing sales for your business ?" 75% of those I asked mentioned sales prospecting or lead generation.
The problem isn't that people don't know what do to; it's that what they've always done no longer works.
The simple truth is: if you're doing what everybody else is doing, you'll get the same results they do. Which - in a world where prospects are increasingly turning off their phone and turning *on* their spam filters - isn't much.
So if you want to stand out (and get more meetings), here are five sales prospecting techniques you probably never tried (but should).
This document provides information on identifying qualified prospects for life insurance sales. It defines what makes a qualified prospect, including that they have a need for life insurance, can afford it, and can qualify medically and financially. It also discusses factors that indicate increased need for life insurance, such as financial improvements, increased responsibilities, or life changes. The overall message is that successful prospecting requires identifying individuals who have both the need for and ability to purchase life insurance products.
A project report on hdfc standard life insuranceProjects Kart
This document provides an acknowledgement and index for a project report on HDFC Standard Life Insurance Company. It thanks the company and project guide for their support and guidance. The index outlines the contents of the report, which will cover topics like the history of insurance, HDFC's products and services, barriers to entry in the insurance sector, growth potential, and recommendations.
The LABOR CODE made EASY (by Atty. PoL Sangalang)PoL Sangalang
The LABOR CODE made EASY (by Atty. Apollo X.C.S. Sangalang).
This is the slide presentation of Atty. PoL Sangalang in his talk at the event "LAW AND ORDER: Enhancing Knowledge On The Labor Code Of The Philippines" organized by the Thomasian Junior Association for People Management of the University of Sto. Tomas - Human Resources Development Management (UST-HRDM) on September 20, 2013 at the Albertus Magnus (Education) Auditorium, UST Campus, Manila.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
“Amidst Tempered Optimism” Main economic trends in May 2024 based on the results of the New Monthly Enterprises Survey, #NRES
On 12 June 2024 the Institute for Economic Research and Policy Consulting (IER) held an online event “Economic Trends from a Business Perspective (May 2024)”.
During the event, the results of the 25-th monthly survey of business executives “Ukrainian Business during the war”, which was conducted in May 2024, were presented.
The field stage of the 25-th wave lasted from May 20 to May 31, 2024. In May, 532 companies were surveyed.
The enterprise managers compared the work results in May 2024 with April, assessed the indicators at the time of the survey (May 2024), and gave forecasts for the next two, three, or six months, depending on the question. In certain issues (where indicated), the work results were compared with the pre-war period (before February 24, 2022).
✅ More survey results in the presentation.
✅ Video presentation: https://youtu.be/4ZvsSKd1MzE
What Lessons Can New Investors Learn from Newman Leech’s Success?Newman Leech
Newman Leech's success in the real estate industry is based on key lessons and principles, offering practical advice for new investors and serving as a blueprint for building a successful career.
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
How to Invest in Cryptocurrency for Beginners: A Complete GuideDaniel
Cryptocurrency is digital money that operates independently of a central authority, utilizing cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies are decentralized and typically operate on a technology called blockchain. Each cryptocurrency transaction is recorded on a public ledger, ensuring transparency and security.
Cryptocurrencies can be used for various purposes, including online purchases, investment opportunities, and as a means of transferring value globally without the need for intermediaries like banks.
2. LIC of India is the leading Insurance company of India that
was established in 1956. This company is undertaking by
Indian Government. All kind of people are engaged with this
company either people from rural area or urban area.
We are very proud to say more than 250 million lives are part
of LIC family.
Though LIC’s journey stated a decade ago, we are still
conscious about our valuable customers and we believe in
gaining customers trust.
3. LIC agents are the professionals who are engaged in
advising Life Insurance Plans to people to protect their
family from uninvited and unexpected death events,
disability and retirement.
LIC agents also contribute to economic development of the
country. The money collected towards LIFE INSURANCE
PREMIUM goes to national building activities. e.g., Roads,
Railways, Ports, Bridges, Water Supply etc…