SBI Life Insurance Company Deputy Manager Interview Questions and Answers

Q1. Tell me about your self
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Q2. Family background
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Q3. Product knowledge
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Q1. Tell me about your self
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Q2. Tell me about your previous experiences
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Q3. What are benifits of insurance
Ans. 
Insurance provides financial protection against unexpected events, peace of mind, and access to quality healthcare.
• Financial protection against unexpected events such as accidents, natural disasters, or theft

• Peace of mind knowing that you are covered in case of emergencies

• Access to quality healthcare through health insurance plans

• Helps in managing risks and uncertainties in life
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Q4. Types of insurance
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Types of insurance include life, health, auto, home, and disability.
• Life insurance provides financial protection to beneficiaries in case of the insured's death.

• Health insurance covers medical expenses for illness or injury.

• Auto insurance protects against financial loss in case of accidents or theft.

• Home insurance provides coverage for damage to the home and belongings.

• Disability insurance offers income protection in c
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Q5. What is insurance
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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.

• In case of a covered loss, the insurance company compensates the insured party.

• Types of insurance include health, life, auto, home, and business insurance.

• Insurance helps individuals ...read more
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Q6. What are the languages and interview done in local language
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Q1. What do you know about insurance
Ans. 
Insurance is a financial product that provides protection against financial losses.
• Insurance is a contract between an individual or organization and an insurance company, where the individual or organization pays a premium in exchange for financial protection against specified risks.

• Types of insurance include life insurance, health insurance, auto insurance, property insurance, and more.

• Insurance policies typically cov...read more
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Q2. Family background check
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Q3. Salary expectations
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Q4. What is advantages of insurance
Ans. 
Insurance provides financial protection against unexpected events, peace of mind, and helps in managing risks.
• Financial protection against unexpected events such as accidents, natural disasters, or theft

• Peace of mind knowing that you are covered in case of emergencies

• Helps in managing risks by transferring them to the insurance company

• Encourages savings and investment by providing a safety net

• Can cover medical expenses
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Q5. Previous experience
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Online Assessment. Good.

Q1. Share your experience.
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Q2. Why are you willing to work here
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Q1. Ehat is the menaing of Cot tot
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Q2. What is the meaning of Mdrt
Ans. 
MDRT stands for Million Dollar Round Table, an international association for financial professionals.
• MDRT is a prestigious organization for top financial advisors and insurance agents.

• Members of MDRT must meet certain annual production requirements to qualify.

• MDRT provides networking opportunities, professional development, and recognition for its members.
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Q1. Your family details
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Q2. Your education details
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Q1. Basic questions about self and and why absli
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Q2. Indroduction about you self and reason to join absli
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Q1. Some situation will be given and how you are going to ptich the product
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Q2. You have to do it your according to your self
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Q1. Two yrs exclusion, permanent exclusion
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Q1. Normal interview questions
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Q2. Tell something about yourself
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Q3. Is Iam a customer how u sell me Insurance product
Ans. 
I would explain the benefits of the insurance product, tailor it to your needs, and provide examples of how it can protect you financially.
• Understand your needs and concerns

• Explain the benefits of the insurance product

• Provide examples of how the product can protect you financially

• Tailor the product to fit your specific situation
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Q4. What are the bonuses in insurance
Ans. 
Bonuses in insurance can include performance bonuses, retention bonuses, and sales incentives.
• Performance bonuses are awarded based on achieving specific goals or targets.

• Retention bonuses are given to employees who stay with the company for a certain period of time.

• Sales incentives are rewards for meeting or exceeding sales targets.

• Other bonuses may include referral bonuses, profit-sharing bonuses, and recognition bon
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Q5. What is keyman insurance
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Keyman insurance is a policy taken out by a business to protect against financial losses that may arise from the death or incapacity of a key employee.
• Keyman insurance is also known as key person insurance or key employee insurance.

• The policy is owned by the business, which pays the premiums and is the beneficiary in case of a claim.

• The purpose of keyman insurance is to provide financial protection to the business in t...read more
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Q1. General questions of the previous experience
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Q2. Skills and knowledge
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Q3. Customer services of the important
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Q4. Customer relationship life long with maintenance
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Q5. Many more of the referral customersside
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