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iEnergizer Interview Questions and Answers

Updated 11 May 2024
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Q1. Explain life insurance need, benefits and types

Ans.

Life insurance provides financial security to the family in case of the policyholder's death.

  • Life insurance provides a lump sum amount to the nominee in case of the policyholder's death.

  • It helps in providing financial security to the family and dependents.

  • There are two types of life insurance - term insurance and whole life insurance.

  • Term insurance provides coverage for a specific period of time while whole life insurance provides coverage for the entire life of the policyhol...read more

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Q2. What is life and general insurance

Ans.

Life and general insurance refers to the coverage provided for individuals and businesses against financial losses due to various risks.

  • Life insurance provides financial protection to the insured's family or beneficiaries in the event of their death.

  • General insurance covers a wide range of non-life risks such as property damage, liability, and health.

  • Life insurance policies can include term life, whole life, or universal life insurance.

  • General insurance policies include auto ...read more

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Q3. What about future ?

Ans.

In the future, I see myself leading a highly successful sales team, driving revenue growth, and implementing innovative strategies to stay ahead of the competition.

  • I envision myself taking on more responsibilities and managing a larger team

  • I plan to continuously learn and adapt to new sales techniques and technologies

  • I aim to build strong relationships with clients and exceed their expectations

  • I will stay updated on industry trends and market changes to identify new opportuni...read more

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Q4. How will you sell insurance?

Ans.

I will sell insurance by understanding the customer's needs, building trust, and offering tailored solutions.

  • Understand the customer's needs and concerns

  • Build trust by being transparent and knowledgeable

  • Offer tailored insurance solutions based on the customer's specific requirements

  • Provide excellent customer service and support throughout the process

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Q5. What is insurance?

Ans.

Insurance is a financial product that provides protection against specific risks in exchange for payment of a premium.

  • Insurance is a contract between an individual or organization (the insured) and an insurance company (the insurer).

  • The insured pays a premium to the insurer in exchange for coverage against specific risks, such as property damage, liability, or loss of income.

  • In the event of a covered loss, the insurer compensates the insured according to the terms of the poli...read more

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Q6. Current company name

Ans.

ABC Company

  • ABC Company is a leading provider of software solutions in the sales industry

  • Known for their innovative products and excellent customer service

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Interview Process at iEnergizer

based on 7 interviews in the last 1 year
1 Interview rounds
One-on-one Round
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