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Life Insurance Corporation of India Insurance Agent Interview Questions and Answers

Updated 3 Dec 2023

Life Insurance Corporation of India Insurance Agent Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

Reasoning,maths,english

Round 3 - One-on-one 

(1 Question)

  • Q1. What do you know about insurance
  • Ans. 

    Insurance is a contract between an individual and an insurance company, providing financial protection against potential losses.

    • Insurance is a form of risk management.

    • It involves the transfer of risk from an individual to an insurance company.

    • Insurance policies provide coverage for various types of risks, such as property damage, liability, health, and life.

    • Premiums are paid by the insured in exchange for the coverage ...

  • Answered by AI

Interview questions from similar companies

Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(5 Questions)

  • Q1. Video zoom meeting face to face interview Where they ask to introduce yourself first . Do you know Hindi along with English ? Hindi language is mandatory to work. Do you have insurance experience? What qu...
  • Q2. Why should we hire you for our company?
  • Q3. What are the qualities to be in a leader of Bajaj company ?
  • Q4. Why do you need this job?
  • Q5. Are you new to insurance field or having experience?

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep your nervousness behind and always wear your confidence in yourself. Let it be seen in your face and body language while your interview even if you are fresher for any job.
When any questions are asked to you first have listening skills , understand the question first then reply and answer the interviewer without thinking negative things in mind otherwise you can't qualify for your interview and crack the interview.
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. What do u expect salary
  • Q2. How do u do hr

Interview Preparation Tips

Interview preparation tips for other job seekers - Plz be honest

I applied via Approached by Company and was interviewed in Apr 2022. There was 1 interview round.

Round 1 - Direct selection 

(2 Questions)

  • Q1. You have to achieve the given target.
  • Q2. Yes we will try to achieve the given target.

Interview Preparation Tips

Interview preparation tips for other job seekers - This is a target based job one have to achieve the given target of the month and then commission is given according to the slab decide by company. So it is a marketing and sales job.
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Dec 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What factors influenced your decision to choose this company?
  • Q2. What is the total number of employees in the company?
Round 2 - HR 

(2 Questions)

  • Q1. Any insurance company work with you
  • Q2. What are your salary expectations?

Interview Preparation Tips

Interview preparation tips for other job seekers - To prepare for a call center interview, concentrate on the following areas: \n\n- Call Center Skills: Customer service, communication, and problem-solving\n- Industry-Specific Knowledge: Understanding financial services and products/services\n- Software and Technical Skills: Proficiency in CRM software and call center technology\n- Soft Skills: Effective time management and teamwork\n\nConsider taking online courses on platforms such as:\n\n- Coursera\n- Udemy\n- LinkedIn Learning\n\nPractice through methods like:\n\n- Mock interviews\n- Role-playing scenarios\n- Researching the company
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Oct 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Wht is the life insurance
  • Ans. 

    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 ...

  • Answered by AI
  • Q2. What is recruitment process
Round 2 - One-on-one 

(2 Questions)

  • Q1. Why important life insurance
  • Q2. Wht is education plans
  • Ans. 

    Education plans are financial products designed to help individuals save and invest for future education expenses.

    • Education plans typically involve regular contributions to a savings or investment account.

    • The funds can be used for tuition, books, fees, and other education-related expenses.

    • Some education plans offer tax advantages or incentives to encourage saving for education.

    • Examples of education plans include 529 pl...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Please applying people
Retard person
Teachers
Housewife
Freelancer
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

What I know about Max Insurance, why I want this, what I like about it.

Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Aug 2023. There was 1 interview round.

Round 1 - One-on-one 

(5 Questions)

  • Q1. Brief introduction, brief about hdfc life insurance
  • Ans. 

    HDFC Life Insurance is a leading insurance company in India offering a wide range of insurance products and services.

    • HDFC Life Insurance is one of the largest private life insurance companies in India.

    • It offers various types of insurance policies such as term insurance, endowment plans, ULIPs, etc.

    • The company has a strong network of branches and agents across the country.

    • HDFC Life Insurance has a good claim settlement ...

  • Answered by AI
  • Q2. Brief introduction
  • Q3. Brief about hdfc
  • Ans. 

    HDFC is a leading financial institution in India offering a wide range of financial products and services.

    • HDFC is one of the largest private sector banks in India.

    • It provides banking, insurance, and investment services.

    • HDFC offers various types of insurance policies, including life insurance, health insurance, and general insurance.

    • The company has a strong presence in the housing finance sector.

    • HDFC has a network of br...

  • Answered by AI
  • Q4. Brief about insurance policy
  • Ans. 

    An insurance policy is a contract between an individual and an insurance company that provides financial protection against specified risks.

    • Insurance policies are designed to mitigate financial losses due to unforeseen events.

    • They provide coverage for various risks such as accidents, illnesses, property damage, and liability.

    • Premiums are paid by the policyholder in exchange for the insurance company's promise to provid...

  • Answered by AI
  • Q5. Explain any two hdfc life insurance policy
  • Ans. 

    HDFC Life Click 2 Protect 3D Plus and HDFC Life Sanchay Plus are two popular life insurance policies offered by HDFC Life.

    • HDFC Life Click 2 Protect 3D Plus is a comprehensive term insurance plan that provides financial protection to the policyholder's family in case of unfortunate events like death, disability, or disease.

    • HDFC Life Sanchay Plus is a non-linked, participating life insurance plan that offers guaranteed r...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Easy
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Why ICICI prudential
  • Q2. Why you quit your last job

Interview Preparation Tips

Interview preparation tips for other job seekers - Agar aap ICICI prudential ke employ ho gaye hain to isase acchi company koi nahin hai aap yahin per Bane rahe kam Karen carier growth isase bhitar kahin nahin hai
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Jun 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What is your strength and weaknesses
  • Q2. How important is it to know your product important in contrast to knowing your customer

Interview Preparation Tips

Interview preparation tips for other job seekers - Always read about the company before I go for the interview

Life Insurance Corporation of India Interview FAQs

How many rounds are there in Life Insurance Corporation of India Insurance Agent interview?
Life Insurance Corporation of India interview process usually has 3 rounds. The most common rounds in the Life Insurance Corporation of India interview process are Resume Shortlist, Aptitude Test and One-on-one Round.
How to prepare for Life Insurance Corporation of India Insurance Agent interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Life Insurance Corporation of India. The most common topics and skills that interviewers at Life Insurance Corporation of India expect are Marketing, Insurance Sales, Life Insurance, Sales and Communication Skills.

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Life Insurance Corporation of India Insurance Agent Interview Process

based on 1 interview

Interview experience

4
  
Good
View more
Life Insurance Corporation of India Insurance Agent Salary
based on 50 salaries
₹0.6 L/yr - ₹5 L/yr
5% more than the average Insurance Agent Salary in India
View more details

Life Insurance Corporation of India Insurance Agent Reviews and Ratings

based on 21 reviews

4.3/5

Rating in categories

3.8

Skill development

3.6

Work-life balance

3.8

Salary

4.3

Job security

4.2

Company culture

3.1

Promotions

3.5

Work satisfaction

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