, life insurance , general insurance , lic – the most trusted insurance company in india , 1. term plan2. pure endowment plan3.endowment

1. Financial Services
FUTURE GENERALI LIFE INSURANCE
AND FINANCIAL SERVICES
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2. What’s in this Presentation ?
▪ This Presentation is about What was implemented by Me
i.e in the 45 - 50 days
Industrial training
at
NestKeys Infratech Pvt. Ltd.
This is a Sales Related Presentation and not Related to Research.

3. What is Insurance?
▪ Insurance is a contract in which a sum of money is paid to the
assured as consideration of insurer’s incurring the risk of paying
a large sum upon a given contingency.”

4. Types of Insurance :
▪ There are Broadly 2 types of Insurances :
LIFE
INSURANCE
GENERAL
INSURANCE

5. History Of Life Insurance :
▪ Insurance in India can be traced back to the Vedas. For instance,
yogakshema, the name of Life Insurance Corporation of India's
corporate headquarters, is derived from the Rig Veda.
▪ Bombay Mutual Assurance Society, the first Indian life assurance
society, was formed in 1870.
▪ Other companies like Oriental, Bharat
and Empire of India were also set up
in the 1870-90s.

6.  General insurance or non-life insurance
policies, including automobile and homeowners
policies, provide payments depending on the
loss from a particular financial event.
General insurance typically comprises any
insurance that is not determined to be life
Insurance.
GENERAL INSURANCE :

7. Why to have a Life Insurance?
 Protection
 Liquidity
 Tax Relief
 Money when you need it.
One should always remember Life insurance is never for the person
taking the Insurance , Its always for the family or the nominee.

8. Life Insurance definition and Steps of getting
things done for the company.
▪ Life insurance is a written
contract between the insured
and the insurer, that provides for
the payment of the insured sum
on the date of the maturity of the
contract or on the unfortunate
death of the insured, whichever
occurs earlier.
Maintaining Relations with clients
Phone calls Meetings
Persuading the client
Health insurance Financial products
Finding the Client
Online channels References

9. • Life Insurance Corporation of India (LIC) was formed in September 1956 by an Act of
Parliament, LIC Act 1956 with a contribution of Rs. 50 million.
The then Finance Minister Mr. C. D. Deshmukh while piloting the bill for nationalization
outlined the objectives of LIC thus: “To conduct the business with utmost economy with
the spirit of trusteeship; to charge premium no higher than warranted by strict actuarial
considerations; to invest the funds for obtaining maximum yield for the policy holders
consistent with safety of capital; to render prompt and efficient service to policy holders
thereby making Insurance widely popular”.
LIC – THE MOST TRUSTED INSURANCE COMPANY IN INDIA

10. 1. Term Plan
2. Pure Endowment Plan
3.Endowment Plan
TYPES OF FINANCIAL PLANS OFFERED BY
FUTURE GENERALI?

11. WHAT WE WERE SUPPOSED TO DO IN OUR INTERNSHIP?
OR
COMPANY EXPECTATION.
1. Discipline
2.Timeliness
3.Corporate attire(Formal dress code)
4.Meeting clients(cold calling and through references)
5.Selling techniques.
6.Selling Insurance Products (preferably life insurance)

12. 1. We first tried to get in touch with our relatives.
2.Either got references from them or sold the policies to them if they required.
3.If relatives were not interested we did cold calling
4.We made people fill questionnaires on the local crowded areas. (Noida , CP, etc.)
5.Interested people were told why they need insurance.
6. People who were not interested were told Why Future Generali.
7.Peole believed LIC is all what INSURANCE is ALL about, we clarified that.
8. People tried to ignore us, but we gathered their interests by giving them surprise gifts if they fill
the insure
Questionnaires.
HOW WE MET CLIENTS?

13. 1. How to handle clients.
2. Insurance selling is a tough job, how to get it done.
3. Working of Insurance sectors.
4.Corporate culture.
-what to speak in front of the client.
-what not to speak.
5.how dressing plays an important role when meeting clients.
6.how to have a bond with clients.
WHAT WAS THE LEARNING?

14. 1.Insurance sector and financial service
sector is vast.
2.Getting clients is difficult.
3.Overall a great learning experience.
4.We learn by falling, I have got the ability to
rise even after falling.
OVERALL EXPERIENCE?

15. Frequently asked Questions.
1. Objectives?
2.Where is the Research Methodology?
3.Why did you choose this company?
4.What and where are the Findings?

16. Thank you.