Ageas Federal Life Insurance Associate Consultant Interview Questions and Answers

It is easy basic questions related to Accounts, Excel and insurance.

Q1. What is insurance?
Ans. 
Insurance is a contract between an individual and an insurance company where the individual pays premiums in exchange for financial protection against potential losses.
• Insurance is a form of risk management to protect against financial loss.

• Types of insurance include health, life, auto, home, and travel insurance.

• Premiums are paid by the insured to the insurance company in exchange for coverage.

• Insurance policies outli...read more
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Q2. What is type of insurance?
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Insurance is a financial product that provides protection against specific risks in exchange for payment of a premium.
• Insurance is a contract between the insurer (insurance company) and the insured (policyholder).

• Types of insurance include life insurance, health insurance, auto insurance, home insurance, and more.

• Insurance helps individuals and businesses manage risk by transferring it to the insurance company.

• Premiums...read more
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Q3. What is Vlook up?
Ans. 
VLOOKUP is a function in Excel used to search for a value in a table and return a corresponding value from another column.
• VLOOKUP stands for 'Vertical Lookup'

• It is commonly used in Excel to search for a value in the leftmost column of a table and return a value in the same row from a specified column

• Syntax: =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])

• Example: =VLOOKUP(A2, B2:D10, 3, FALSE) - searc...read more
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Q1. Tell me about yourself
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Q2. Basic HR questions
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Q1. Tell me types of insurance.
Ans. 
Types of insurance include health, auto, life, home, and travel insurance.
• Health insurance covers medical expenses

• Auto insurance provides coverage for vehicles

• Life insurance pays out a sum of money upon the insured's death

• Home insurance protects against damage to the home and belongings

• Travel insurance covers trip cancellations, medical emergencies, and lost luggage
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Q2. What do u know about the company
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Q1. Where do you see your self after 5 years
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Q1. Basic introduction
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Q2. Brief about Education
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Q3. What is maturity in insurance
Ans. 
Maturity in insurance refers to the level of experience, stability, and sound decision-making within the industry.
• Maturity in insurance is reflected in the ability of insurance companies to accurately assess risks and set appropriate premiums.

• It also involves the development of long-term relationships with policyholders and the ability to adapt to changing market conditions.

• Mature insurance companies often have a stron...read more
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Q4. Who is brand ambassador of bharti axa
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The brand ambassador of Bharti AXA is Akshay Kumar.
• Akshay Kumar is a popular Bollywood actor known for his action and comedy roles.

• He has been associated with Bharti AXA for promoting their insurance products.

• Akshay Kumar's endorsement has helped increase brand visibility and trust among customers.
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Q5. What do you know about the company
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Q1. Introduction about yourself
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Basic aptitude test upto graduation

Q1. Manager round discussion on past experiences and excel knowledge and accounting
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Aptitude test usually maths

Q1. Direct interview with manager
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Q2. Related to previous job n qualifications
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Q3. What would u do to increase productivity
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Q4. Why did u u choose services instead of technology’s
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Q1. Why do you want to go for B2B and past experience details
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Q2. What Skills required to give best presentation
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Q3. What do you know about medibuddy and tpa process.
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