Life Insurance Corporation of India Life Insurance Agent Interview Questions and Answers

Management
Closing lead
Welcome call
Customer relationship
Introduction

Q1. Why you want to join this company. What you like in this company. Where done your graduation
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Q2. What is customer relationship.
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Customer relationship is the interaction between a business and its customers, built on trust and mutual understanding.
• It involves understanding the customer's needs and preferences

• It requires effective communication and timely response to queries and concerns

• It involves building trust and loyalty through consistent delivery of quality service

• It requires maintaining a positive attitude and being empathetic towards the ...read more
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Q3. What you know about the market
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The life insurance market is highly competitive and constantly evolving.
• The market is driven by factors such as demographics, economic conditions, and regulatory changes.

• There are various types of life insurance policies available, including term life, whole life, and universal life.

• Insurance companies use various underwriting methods to assess risk and determine premiums.

• Technology is playing an increasingly important...read more
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Q1. What factors influenced your decision to choose this company?
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Q2. What is the total number of employees in the company?
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Q1. Any insurance company work with you
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Q2. What are your salary expectations?
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Q1. Tell me about yourself?
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Q2. How will u travel?
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Q3. What is ur hobbies? Say something about your hobbies
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Q4. What is insurannce?
Ans. 
Insurance is a financial protection against potential losses or risks.
• Insurance is a contract between an individual or entity and an insurance company.

• The individual or entity pays a premium in exchange for coverage against specific risks.

• Insurance helps mitigate financial losses in case of accidents, illnesses, or other unforeseen events.

• Common types of insurance include health insurance, auto insurance, life insuranc
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Q1. Tell me.about your self?
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Q2. Tell me about your family background
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Q3. Will you able to do sales.process?
Ans. 
Yes, I have experience in sales processes and am confident in my ability to handle them effectively.
• I have previous experience in sales roles where I successfully met or exceeded targets.

• I am comfortable with cold calling, networking, and building relationships with clients.

• I am skilled in identifying customer needs and offering appropriate insurance solutions.

• I am confident in my ability to negotiate and close deals e
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Q1. Tell me about life insurance and ther type
Ans. 
Life insurance provides financial protection to beneficiaries in the event of the insured's death.
• Life insurance pays out a lump sum to beneficiaries upon the insured's death.

• There are different types of life insurance, including term life, whole life, and universal life.

• Term life insurance provides coverage for a specific period of time, while whole life insurance covers the insured for their entire life.

• Universal lif...read more
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Q2. Which kind of insurance policy they can sale
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Q3. What is the life insurance
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Life insurance is a financial product that provides a lump sum payment to beneficiaries upon the insured person's death.
• Life insurance provides financial protection for loved ones in the event of the insured person's death.

• Premiums are paid regularly to maintain the policy, and the payout amount is determined by the policy terms.

• There are different types of life insurance policies, such as term life, whole life, and un...read more
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Q4. Tell me why to join the bajaj allize life insurance
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Q5. How many type of bajaj alllize insurnce
Ans. 
There are multiple types of Bajaj Allianz insurance, including health insurance, motor insurance, travel insurance, home insurance, and life insurance.
• Health insurance

• Motor insurance

• Travel insurance

• Home insurance

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

Q1. Ask to give me email
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Q2. Your mobile number
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Q3. Ask about by class
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Q1. Wher do you prefer do job
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Q2. Where your company
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Q1. What do u expect salary
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Q2. How do u do hr
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