AU Small Finance Bank
DonePull Interview Questions and Answers
Q1. How many life insurance sold your previous organization?
I sold approximately 500 life insurance policies in my previous organization.
I consistently met and exceeded my sales targets for life insurance policies.
I utilized various sales techniques such as cold calling, referrals, and networking to generate leads.
I provided excellent customer service and follow-up to ensure customer satisfaction and retention.
I also cross-sold other insurance products to existing customers.
For example, in one month, I sold 25 life insurance policies ...read more
Q2. What is final account
Final account is the statement of all financial transactions of a project or business at the end of a specific period.
Final account is a summary of all financial transactions of a project or business
It includes all the revenues, expenses, assets, and liabilities
It is prepared at the end of a specific period, usually at the end of a financial year
It helps in determining the profitability and financial health of the project or business
Examples of final accounts include balance ...read more
Q3. Why customer will take a life insurance from you?
Customers will take a life insurance from us because we offer comprehensive coverage and excellent customer service.
We offer a range of policies to suit different needs and budgets
Our policies provide financial security for loved ones in case of unexpected events
We have a team of experienced agents who can guide customers through the process and answer any questions
We offer competitive rates and flexible payment options
We have a reputation for excellent customer service and s...read more
Q4. Why bank need only life insurance?
Banks need life insurance to protect their loans and investments in case of unexpected death of the borrower.
Life insurance provides financial security to the borrower's family in case of their unexpected death.
This ensures that the bank's loans and investments are protected and can be recovered.
It also helps in reducing the risk of default on loans.
For example, if a borrower takes a loan to start a business and unfortunately passes away, the life insurance can help in paying...read more
Q5. How to sell life insurance?
Selling life insurance requires building trust, identifying needs, and explaining benefits.
Build trust by being knowledgeable and transparent
Identify needs by asking questions and listening to the customer
Explain benefits by highlighting financial security and peace of mind
Use real-life examples to illustrate the importance of life insurance
Offer customized solutions based on the customer's unique situation
Q6. What's about sale your product
I excel in selling our product by understanding customer needs, highlighting key features, and providing exceptional customer service.
Understand customer needs and tailor product benefits to meet those needs
Highlight key features and advantages of the product
Provide exceptional customer service to build trust and loyalty
Offer personalized recommendations based on customer preferences
Utilize effective sales techniques such as upselling and cross-selling
Follow up with customers...read more
Q7. 3 Number of policy
The number of policies depends on the company's size, industry, and risk appetite.
The number of policies should be sufficient to cover all potential risks.
Policies should be regularly reviewed and updated to ensure they are still relevant.
Examples of policies include data protection, health and safety, and anti-discrimination.
The number of policies may vary depending on the company's location and legal requirements.
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