ICICI Prudential Life Insurance Financial Service Consultant Interview Questions, Process, and Tips

Q1. What is insurance
Ans. 
Insurance is a contract between an individual and an insurance company to protect against financial loss.
• Insurance provides financial protection against unexpected events such as accidents, illnesses, and natural disasters.

• The individual pays a premium to the insurance company in exchange for coverage.

• The insurance company assumes the risk of financial loss and pays out claims when necessary.

• Types of insurance include ...read more
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Q2. Types of insurance
Ans. 
Insurance is a way to protect oneself from financial loss due to unforeseen events. There are various types of insurance.
• Life insurance

• Health insurance

• Auto insurance

• Homeowner's insurance

• Travel insurance

• Pet insurance

• Disability insurance

• Liability insurance

• Business insurance
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Q1. What sales? How to convence your clients?
Ans. 
To convince clients, focus on their needs and provide personalized solutions. Build trust and credibility through clear communication.
• Listen actively to understand their needs and concerns

• Provide tailored solutions that address their specific situation

• Communicate clearly and transparently about products and services

• Build trust and credibility through honesty and integrity

• Follow up regularly to ensure satisfaction and a...read more
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Q2. How to achieve a target? You know about Icici prudential life insurance? Insurance is necessary for the any person?
Ans. 
To achieve a target, set specific goals, create a plan, track progress, and make adjustments as needed.
• Set specific, measurable, achievable, relevant, and time-bound goals

• Create a plan with actionable steps and deadlines

• Track progress regularly and celebrate small wins

• Make adjustments as needed based on feedback and results

• Stay motivated and focused on the end goal
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Q1. How do you sels the product
Ans. 
I sell the product by understanding the customer's needs, highlighting the benefits, and providing personalized solutions.
• Understand the customer's financial goals and needs

• Highlight the key features and benefits of the product

• Offer personalized solutions based on the customer's situation

• Address any concerns or objections the customer may have

• Close the sale by emphasizing the value the product brings
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Q2. How do you convert client toh sale product
Ans. 
By building trust, understanding client needs, providing tailored solutions, and demonstrating value.
• Build trust by listening actively and showing empathy

• Understand client needs by asking probing questions

• Provide tailored solutions based on client's goals and preferences

• Demonstrate value by showcasing benefits and addressing objections

• Close the sale by summarizing key points and asking for commitment
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Insurance products and why buy insurance

Q1. About my self and qualifications
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Q2. About my skills and experience
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