Bajaj Allianz General Insurance Deputy Manager Interview Questions and Answers

Q1. Normal interview questions
View 1 more amswer
Q2. Tell something about yourself
Add your answer
Q3. Is Iam a customer how u sell me Insurance product
Ans. 
I would explain the benefits of the insurance product, tailor it to your needs, and provide examples of how it can protect you financially.
• Understand your needs and concerns

• Explain the benefits of the insurance product

• Provide examples of how the product can protect you financially

• Tailor the product to fit your specific situation
Answered by AI
Add your answer
Q4. What are the bonuses in insurance
Ans. 
Bonuses in insurance can include performance bonuses, retention bonuses, and sales incentives.
• Performance bonuses are awarded based on achieving specific goals or targets.

• Retention bonuses are given to employees who stay with the company for a certain period of time.

• Sales incentives are rewards for meeting or exceeding sales targets.

• Other bonuses may include referral bonuses, profit-sharing bonuses, and recognition bon
Answered by AI
View 1 more amswer
Q5. What is keyman insurance
Ans. 
Keyman insurance is a policy taken out by a business to protect against financial losses that may arise from the death or incapacity of a key employee.
• Keyman insurance is also known as key person insurance or key employee insurance.

• The policy is owned by the business, which pays the premiums and is the beneficiary in case of a claim.

• The purpose of keyman insurance is to provide financial protection to the business in t...read more
Answered by AI
View 1 more amswer

Was provided with 50 question whiuch need to be answered within 30 mins

Q1. Insurance laws in india and the change needed
Ans. 
Insurance laws in India need to be updated to keep up with changing market dynamics and technological advancements.
• Insurance laws in India are governed by the Insurance Regulatory and Development Authority of India (IRDAI).

• There is a need for more stringent regulations to protect policyholders and ensure fair practices by insurance companies.

• With the rise of digital insurance platforms and InsurTech companies, laws nee...read more
Answered by AI
View 1 more amswer
Q2. Constitution validity of 3rd party claims
Ans. 
The constitutionality of third party claims refers to the legality and validity of claims made by individuals or entities not directly involved in a legal dispute.
• Third party claims can be valid if they have a legal basis and are supported by evidence.

• Courts will consider factors such as standing, jurisdiction, and the nature of the claim when determining the validity of third party claims.

• For example, in a contract di...read more
Answered by AI
View 1 more amswer

Online Assessment. Good.

Q1. Share your experience.
Add your answer
Q2. Why are you willing to work here
Add your answer

Q1. Ehat is the menaing of Cot tot
Add your answer
Q2. What is the meaning of Mdrt
Ans. 
MDRT stands for Million Dollar Round Table, an international association for financial professionals.
• MDRT is a prestigious organization for top financial advisors and insurance agents.

• Members of MDRT must meet certain annual production requirements to qualify.

• MDRT provides networking opportunities, professional development, and recognition for its members.
Answered by AI
Add your answer

Q1. Your family details
Add your answer
Q2. Your education details
Add your answer

Q1. What are your salary expectatio.
Add your answer
Q2. 25% growth required
Add your answer

Q1. Basic questions about self and and why absli
Add your answer
Q2. Indroduction about you self and reason to join absli
Add your answer

Q1. Some situation will be given and how you are going to ptich the product
Add your answer
Q2. You have to do it your according to your self
Add your answer

Q1. Two yrs exclusion, permanent exclusion
Add your answer