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Insurance policies include life, health, auto, home, and business insurance.
Life insurance provides financial support to beneficiaries upon the policyholder's death.
Health insurance covers medical expenses and treatments.
Auto insurance covers damages and injuries in car accidents.
Home insurance covers damages to the home and personal property.
Business insurance covers liability and property damage for businesses.
ULIP plans are investment-cum-insurance plans that offer market-linked returns and life cover.
ULIP stands for Unit Linked Insurance Plan
Investment and insurance combined
Premiums are invested in market-linked funds
Charges include premium allocation, fund management, mortality, surrender, and administration charges
Example: HDFC Life Click2Invest ULIP
Traditional plans are insurance policies that offer guaranteed returns and are not linked to the stock market.
Traditional plans are also known as endowment plans
They offer a fixed sum assured and a guaranteed return on maturity
Premiums are paid for a fixed term and the policyholder receives the maturity benefit at the end of the term
Examples of traditional plans include LIC's Jeevan Anand and SBI Life's Smart Money Bac...
Insurance is a contract between an individual and an insurance company to protect against financial loss.
Insurance is a means of protection from financial loss.
It involves an individual paying a premium to an insurance company in exchange for coverage.
The insurance company assumes the risk of financial loss in exchange for the premium.
Types of insurance include health, life, auto, and home insurance.
Insurance policies ...
I applied via Recruitment Consultant and was interviewed in Jun 2021. There were 4 interview rounds.
I applied via Referral and was interviewed before Sep 2022. There were 2 interview rounds.
posted on 20 Feb 2023
I applied via Referral and was interviewed before Feb 2022. There were 3 interview rounds.
Future Generali India Life Insurance interview questions for popular designations
Section 80C and 10(10D) are provisions in the Indian Income Tax Act that offer tax benefits on certain investments and insurance policies.
Section 80C allows individuals to claim deductions on investments in specified financial instruments such as life insurance premiums, employee provident fund, public provident fund, and tax-saving fixed deposits.
The maximum deduction allowed under section 80C is Rs. 1.5 lakh per fina...
SA stands for Systematic Investment Plan, PI stands for Personal Identification and PO stands for Post Office.
SA - Systematic Investment Plan is a method of investing in mutual funds where a fixed amount is invested at regular intervals.
PI - Personal Identification is the process of verifying the identity of an individual using personal information such as name, date of birth, and address.
PO - Post Office is a governme...
Get interview-ready with Top Future Generali India Life Insurance Interview Questions
I applied via Recruitment Consultant and was interviewed in Jul 2021. There were 4 interview rounds.
I applied via Approached by Company and was interviewed before Oct 2021. There was 1 interview round.
Seeking new challenges and growth opportunities.
Looking for a more challenging role that allows me to utilize my skills and experience.
Seeking career growth and advancement opportunities.
Interested in exploring new industries and expanding my knowledge.
Want to work in a more dynamic and innovative environment.
Desire to take on more responsibilities and lead larger teams.
Looking for a company with a stronger market pres
To sell a small brand like Future Generali, I would focus on building brand awareness, targeting niche markets, leveraging digital marketing, and providing exceptional customer service.
Invest in building brand awareness through targeted advertising campaigns
Identify and target niche markets where the brand can differentiate itself
Leverage digital marketing channels to reach a wider audience
Offer exceptional customer se...
Yes, I can create 1 new Mdrt within this FY.
I have a proven track record of achieving targets and exceeding expectations.
I have a strong network and connections in the industry.
I am skilled in identifying potential clients and converting leads into sales.
I have successfully mentored and trained team members to achieve their targets.
I am proactive and constantly seek opportunities to grow my business.
I applied via Recruitment Consultant
I applied via Naukri.com
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