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BigBasket Life Insurance Advisor Interview Questions and Answers
BigBasket Life Insurance Advisor Interview Experiences
1 interview found
I applied via Job Fair and was interviewed in Apr 2023. There were 2 interview rounds.
(3 Questions)
- Q1. What are the 4 types of insurance?
- Ans.
The 4 types of insurance are life insurance, health insurance, property insurance, and liability insurance.
Life insurance provides financial protection to the beneficiaries of the policyholder in case of their death.
Health insurance covers medical expenses incurred by the policyholder.
Property insurance protects against damage or loss of property due to natural disasters, theft, or other events.
Liability insurance cove...
- Q2. What is agent and it's role?
- Ans.
An agent is a person who represents an insurance company and sells insurance policies to clients.
Agents act as intermediaries between insurance companies and clients.
They help clients understand different insurance policies and choose the one that best suits their needs.
Agents also provide assistance with claims and policy renewals.
They earn commissions on the policies they sell.
Examples of insurance agents include lif...
- Q3. What is risk in insurance
- Ans.
Risk in insurance refers to the likelihood of an event occurring that will result in a loss for the insured party.
Risk is the possibility of loss or damage to the insured party or their property.
Insurance companies assess risk and charge premiums based on the level of risk involved.
Examples of risk in insurance include car accidents, natural disasters, and illness or injury.
Risk can be mitigated through preventative me
(3 Questions)
- Q1. What is claims in insurance?
- Ans.
Claims in insurance refer to the process of requesting and receiving compensation for a covered loss or damage.
Claims are made by policyholders to their insurance company when they experience a loss or damage that is covered by their policy.
The insurance company will investigate the claim to determine if it is valid and covered under the policy.
If the claim is approved, the policyholder will receive compensation for th...
- Q2. A formal request to your insurance provider for reimbursement against losses covered under your insurance policy.
- Ans.
An insurance claim is a formal request to your insurance provider for reimbursement against losses covered under your insurance policy.
- Q3. Why should I hire you?
- Ans.
I have the expertise and experience to provide you with the best life insurance advice and solutions.
I have years of experience in the life insurance industry and have helped numerous clients find the right policies for their needs.
I stay up-to-date with the latest trends and changes in the industry to ensure that my clients receive the most relevant and accurate advice.
I am dedicated to providing personalized service ...
Interview Preparation Tips
2. Dedicate time to the search.
3. Don't limit your search to online resources.
4. Make networking part of your everyday life.
5. Keep yourself busy.
6. Optimize your likedln profile.
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I applied via Recruitment Consultant and was interviewed before Sep 2020. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. About last experience
- Q2. About e-commerce industry
Interview Preparation Tips
Assistant Manager Interview Questions & Answers
Times Internet
Nitish Kumar singh
posted on 11 Apr 2018
I applied via Approached by Company and was interviewed in Mar 2018. There were 2 interview rounds.
Interview Preparation Tips
Experience: My Resume was shortlisted and asked to comedown for Interview. On the day they re-scheduled it for some other day and when i was trying to contact them again via call and when i thought its not professional so e-mailed them. However unfortunately could not get any response from them and it's been more than 1 month
General Tips: My Resume was shortlisted and asked to comedown for Interview. On the day they re-scheduled it for some other day and when i was trying to contact them again via call and when i thought its not professional so e-mailed them. However unfortunately could not get any response from them and it's been more than 1 month
Skills: Problem Solving
Duration: <1 week
I applied via Referral and was interviewed before Apr 2021. There were 2 interview rounds.
(1 Question)
- Q1. No any questions due COVID
Interview Preparation Tips
- Technical Skills
(3 Questions)
- Q1. What we will do in this
- Q2. What is in this would it is safe
- Q3. Could you do this Yes I will
Interview Preparation Tips
Aryan Garg
(3 Questions)
- Q1. The personality test
- Q2. If you don't have any vehicle and you have to reach your destination that is 20km far from you
- Q3. If you got 10 rupee and 100 rupee which one will you choose
- Ans.
It depends on the context and my immediate needs.
The choice between 10 rupee and 100 rupee depends on the situation.
If I need immediate small change for a specific purpose, I would choose 10 rupee.
If I have a larger expense or investment in mind, I would choose 100 rupee.
The decision is based on the value and utility of the currency in the given scenario.
Interview Preparation Tips
Narmatha Prabhu
I applied via LinkedIn and was interviewed in Feb 2023. There were 6 interview rounds.
Basic English question
(3 Questions)
- Q1. Basics of interview process
- Q2. Tell me aboutyourself
- Q3. Strengths and weakness
Normal assignment questions
(1 Question)
- Q1. Basic questions
Speak bold and softly ur content will be crisp
Interview Preparation Tips
Selected
I applied via Company Website and was interviewed before Jul 2022. There were 4 interview rounds.
(1 Question)
- Q1. Tell me about yourself?
(2 Questions)
- Q1. Explain in brief your achievements and how did you achieve it?
- Q2. What challenges did you face in achieving your goals and how did you overcome it?
What would be your plan in increasing the sales and how would you do it? If a merchant has newly onboarded on the platform what will be your AP to get his sales ramped by 3x in 3 months.
Interview Preparation Tips
(2 Questions)
- Q1. What is ur name
- Ans.
My name is John Smith.
Full name is John Smith
Common name
Easy to remember
- Q2. What is ur intro
- Ans.
I am a dedicated and experienced professional with a strong background in leadership and team management.
Over 5 years of experience in retail management
Proven track record of increasing sales and improving customer satisfaction
Strong communication and problem-solving skills
Led a team of 15 employees to exceed sales targets by 20% in the last quarter
Interview Preparation Tips
Selected
I applied via Company Website and was interviewed in Sep 2023. There was 1 interview round.
(1 Question)
- Q1. Tell me about a time when your dives did not help deliver the result expected
- Ans.
I once delegated a task without providing clear instructions, resulting in a subpar outcome.
Delegated a task without clear instructions
Resulted in subpar outcome
Learned the importance of clear communication
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BigBasket Life Insurance Advisor Interview Process
based on 1 interview
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