ICICI Prudential Life Insurance Financial Service Manager Interview Questions and Answers

I sell insurance to customers by understanding their needs and offering them suitable policies.

• Listen to the customer's requirements and concerns

• Explain the benefits and coverage of different policies

• Offer customized solutions based on the customer's needs

• Provide excellent customer service and follow-up

• Build long-term relationships with customers

• Upsell additional policies or coverage as appropriate

Life insurance is a financial product that provides a lump sum payment to beneficiaries upon the insured's death.

• Provides financial protection for loved ones in case of the insured's death

• Can help cover funeral expenses, pay off debts, or replace lost income

• Premiums are paid regularly to maintain coverage

• Different types include term life, whole life, and universal life insurance

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 insured pays a premium to the insurance company in exchange for coverage.

• Types of insurance include health, life, auto, home, and business insurance.

• Insurance policies have terms and conditions that outline what is covered and what is not.

• Insurance help...read more

Stock market is a platform where securities like stocks, bonds, and commodities are bought and sold.

• Stock market is a place where investors can buy and sell shares of publicly traded companies.

• Prices of stocks are determined by supply and demand, as well as market conditions.

• Investors can make profits by buying low and selling high, or through dividends and capital gains.

• Examples of stock markets include the New York Stock Exchange (NYSE) and NASDAQ.

The Nifty value for the day refers to the closing value of the Nifty 50 index, which represents the performance of the top 50 companies listed on the National Stock Exchange of India.

• The Nifty value is calculated based on the weighted average market capitalization of the 50 companies in the index.

• It is used as a benchmark to assess the overall performance of the Indian stock market.

• Investors and analysts closely monitor the Nifty value to make informed decisions about their i...read more