Tata AIA Life Insurance Interview Questions, Process, and Tips

There are various types of charges in a ULIP plan.

• ULIP plans have different types of charges such as premium allocation charges, policy administration charges, fund management charges, mortality charges, etc.

• Premium allocation charges are deducted from the premium paid by the policyholder and are used to cover the initial expenses of the plan.

• Policy administration charges are levied for the administrative services prov...read more

The question is unclear and lacks context.

• Please provide more information or clarify the question.

• It is not clear what 'plan insurance' refers to.

• Without further details, it is difficult to provide a meaningful answer.

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