Life Insurance Corporation of India Development Officer Interview Questions and Answers for Experienced

I will utilize targeted outreach, networking, and training programs to effectively recruit agents.

• Identify target demographics: Focus on individuals with sales experience or a passion for the industry.

• Leverage social media: Use platforms like LinkedIn to connect with potential candidates.

• Host recruitment events: Organize informational sessions to attract interested individuals.

• Offer incentives: Provide bonuses or commi...read more

I prioritize family time by setting boundaries, scheduling activities, and ensuring open communication to maintain a healthy work-life balance.

• Set clear work hours to avoid overlap with family time, e.g., no work emails after 6 PM.

• Schedule regular family activities, like game nights or weekend outings, to strengthen bonds.

• Communicate openly with family about work commitments to manage expectations and reduce stress.

• Uti...read more

LIC, or Life Insurance Corporation of India, was formed on September 1, 1956.

• LIC was formed on September 1, 1956.

• It was created by the merger of 245 insurance companies.

• LIC is the largest insurance company in India.

• It offers a wide range of insurance and investment products.

• LIC has played a significant role in the development of the insurance sector in India.

Insurance is a contract between an individual or organization and an insurance company, where the insurer provides financial protection against potential losses.

• Insurance is a risk management tool that helps individuals and organizations protect themselves against potential financial losses.

• It involves the transfer of risk from the insured to the insurer in exchange for payment of a premium.

• There are various types of i...read more