ICICI Prudential Life Insurance
Interview Questions and Answers
Q1. What is insurance and types of insurance?
Insurance is a financial product that provides protection against specific risks in exchange for payment of a premium.
Types of insurance include life insurance, health insurance, auto insurance, home insurance, and travel insurance.
Insurance helps individuals and businesses manage risk by transferring it to an insurance company.
Premiums are paid regularly to the insurance company in exchange for coverage in case of a specified event.
Insurance policies outline the terms and co...read more
Q2. Will you be able to manage pressure and targets?
Yes, I have a proven track record of successfully managing pressure and meeting targets.
I have experience in handling high-pressure situations and tight deadlines.
I am skilled at prioritizing tasks and managing my time effectively to meet targets.
I have consistently exceeded sales targets in my previous roles.
I am resilient and able to stay focused and motivated even under pressure.
Q3. why sales and insurance?
Sales and insurance allow me to help clients protect their assets and plan for their financial future.
I enjoy building relationships with clients and helping them make informed decisions about their insurance needs.
Sales skills are essential in effectively communicating the value of insurance products to clients.
Insurance provides a sense of security and peace of mind for individuals and families.
I have a passion for finance and helping others achieve their financial goals th...read more
Q4. what is insurance
Insurance is a financial product that provides protection against financial losses resulting from unexpected events.
Insurance is a contract between an individual or organization and an insurance company.
The individual or organization pays a premium in exchange for coverage against specific risks.
Types of insurance include health, life, auto, home, and business insurance.
Insurance helps mitigate financial risks and provides peace of mind in case of emergencies.
Insurance compan...read more
Q5. Describe about life insurance?
Life insurance is a financial product that provides a lump sum payment to beneficiaries upon the insured's death.
Life insurance provides financial protection for loved ones in the event of the insured's death.
Premiums are paid regularly to maintain coverage.
There are different types of life insurance policies such as term life, whole life, and universal life.
The payout from a life insurance policy can be used to cover funeral expenses, pay off debts, or provide income for dep...read more
Q6. Sale a product role play
In this role play, you will be selling a product.
Identify the customer's needs and pain points
Highlight the features and benefits of the product
Address any objections or concerns the customer may have
Close the sale by asking for the customer's commitment
Provide excellent customer service throughout the process
More about working at ICICI Prudential Life Insurance
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