Chief Branch Manager Interview Questions and Answers

Non motor insurance includes health, home, travel, and pet insurance among others.

• Health insurance covers medical expenses and treatments.

• Home insurance protects against damage or loss to your property.

• Travel insurance provides coverage for trip cancellations, medical emergencies, and lost luggage.

• Pet insurance helps cover veterinary costs for your pets.

• Other types include life insurance, liability insurance, and business insurance.

Understanding customer needs and preferences is key in sales process and negotiation with a non-interacting customer.

• Research the customer's background and preferences before approaching them.

• Use active listening skills to understand their needs and tailor your pitch accordingly.

• Offer solutions that align with their goals and address any concerns they may have.

• Be patient and persistent in your communication, but also respect their boundaries.

• Follow up with personalized follow...read more

TPPD in insurance stands for Third Party Property Damage, which covers damage caused to someone else's property by your vehicle.

• TPPD is a type of insurance coverage that protects you against claims for damage to someone else's property caused by your vehicle.

• It does not cover damage to your own vehicle, only damage to third party property.

• TPPD is usually included in comprehensive car insurance policies.

• Example: If you accidentally crash into someone's fence, TPPD insurance wo...read more

Gold loan is a type of secured loan where gold jewelry is used as collateral to borrow money from a lender.

• Gold loan is a type of secured loan where the borrower pledges their gold jewelry as collateral.

• The loan amount is determined based on the value of the gold provided as collateral.

• Interest rates for gold loans are usually lower compared to unsecured loans.

• If the borrower fails to repay the loan, the lender has the right to sell the gold jewelry to recover the loan amount...read more