Tata AIA Life Insurance Key Account Manager Interview Questions, Process, and Tips

Banca insurance is a type of insurance that is sold through banks.

• Sold through banks

• Offers a range of insurance products

• Provides convenience to customers

• Can be customized to meet individual needs

• May offer additional benefits such as discounts on banking services

To sell insurance, one must understand the customer's needs, build trust, and offer tailored solutions.

• Understand the customer's needs and concerns

• Build trust and rapport with the customer

• Offer tailored solutions that meet the customer's specific needs

• Provide clear and concise information about the insurance product

• Address any objections or questions the customer may have

• Follow up with the customer to ensure satisfacti

To convert HNI calls, focus on building a relationship, understanding their needs, and offering personalized solutions.

• Listen actively to their needs and concerns

• Offer personalized solutions based on their specific requirements

• Build a relationship by following up regularly and providing excellent customer service

• Provide value-added services and benefits to retain their loyalty

• Be knowledgeable about the products and ser...read more

Loan secure products were introduced to mitigate the risk for lenders and insurance companies.

• Loan secure products provide a safety net for lenders and insurance companies by reducing the risk of default or loss.

• These products offer financial protection in case of borrower default, property damage, or other unforeseen events.

• Lenders and insurance companies can offer these products to borrowers as an added layer of secu...read more