SBI General Insurance Branch Development Manager Interview Questions and Answers

Ipru is a financial services company offering insurance, investments, and retirement solutions.

• Ipru is short for ICICI Prudential Life Insurance Company Limited.

• It is one of the leading insurance companies in India.

• They offer a wide range of insurance products such as term insurance, ULIPs, and health insurance.

• Ipru also provides investment options like mutual funds and pension plans.

• Their focus is on providing financi...read more

Creating distribution involves identifying target markets, establishing channels, and managing logistics.

• Identify target markets based on demographics, psychographics, and geographic factors

• Establish distribution channels such as direct sales, wholesalers, retailers, and online platforms

• Manage logistics efficiently to ensure timely delivery and minimize costs

Creating distribution involves establishing channels to deliver products or services to customers.

• Identify target market and customer segments

• Develop relationships with distributors or retailers

• Utilize online platforms and e-commerce for wider reach

• Implement effective marketing and promotional strategies

• Monitor and adjust distribution channels based on feedback and performance

Creating distribution involves establishing channels to deliver products or services to customers.

• Identify target market and customer segments

• Develop relationships with distributors or retailers

• Utilize online platforms and e-commerce for wider reach

• Implement effective marketing and promotional strategies

• Monitor and adjust distribution channels based on feedback and performance

Life insurance provides financial protection for loved ones in case of unexpected events.

• Life insurance helps provide financial security for dependents in case of the policyholder's death.

• It can cover funeral expenses, outstanding debts, and future financial needs.

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

• Premiums are based on factors like age, health, and coverage amount.

• Life ...read more