Bajaj Allianz Life Insurance Management Trainee Interview Questions and Answers

Q1. What is health insurance?
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Q2. Why people do insurance?
Ans. 
People do insurance to protect themselves financially from unexpected events or losses.
• To protect themselves financially from unexpected events or losses

• To comply with legal requirements (e.g. car insurance)

• To provide financial security for their loved ones in case of death or disability

• To cover expensive medical treatments or procedures

• To safeguard their assets and investments

• To gain peace of mind and reduce financial
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Q3. Why insurance is necessary?
Ans. 
Insurance is necessary to protect individuals and businesses from financial losses due to unexpected events.
• Provides financial protection against risks such as accidents, natural disasters, and illnesses

• Helps individuals and businesses recover from losses without facing financial ruin

• Promotes financial stability and peace of mind for policyholders

• Mandatory in some cases, such as auto insurance for drivers

• Encourages res...read more
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The topic was abstract and we were given 1 minute to prepare for it and then GD itself was around 12 mins

Q1. Why do you want to work in Insurance Industry
Ans. 
I am passionate about helping individuals and businesses protect themselves from financial risks and uncertainties.
• Interest in risk management and financial planning

• Opportunity to educate clients on the importance of insurance

• Desire to work in a stable and growing industry

• Potential for career advancement and professional development
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Q2. What do you know about General Insurance
Ans. 
General insurance provides financial protection for assets such as home, car, and business against unforeseen events.
• General insurance covers a wide range of assets and liabilities, excluding life insurance.

• It includes insurance for property, vehicles, travel, health, and business.

• General insurance policies typically have a fixed term and premium amount.

• Claims can be made for damages or losses covered under the policy,...read more
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Electric vehicle is better for our future or not.

Q1. What you know about the company
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Q2. Give me the name of product
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Simple LRDI, english questions

Q1. About the company
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Q2. Why you want to join this role
Ans. 
I am passionate about developing my leadership skills and contributing to the growth of the company.
• Desire to learn and grow in a leadership role

• Excited about contributing to the success of the company

• Seeking opportunities for professional development and advancement

• Passionate about making a positive impact in the organization
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Q3. About the internship
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Board members grouped 10 people in each group gave option of two streams for the topic of the group discussion i.e. general knowledge or day to day activities, the group has to choose the common topic and they all have to speak on for continuous 10 mins

Q1. Tell me about yourself? Why Bajaj Allianz General Insurance?if we send you to the remotest location will be able to cope up with their food , language and culture?
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