Relationship Associate

Relationship Associate Interview Questions and Answers for Freshers

Updated 12 Aug 2024

Q1. Tell me about banking and banassurance

Ans.

Banking involves financial services like deposits, loans, and investments, while bancassurance is the selling of insurance products through banks.

  • Banking includes services like savings accounts, loans, and investments

  • Bancassurance is the distribution of insurance products through banks

  • Bancassurance allows banks to offer insurance products to their customers, increasing revenue and customer loyalty

Q2. What is life insurance

Ans.

Life insurance is a financial product that provides a lump sum payment to beneficiaries upon the insured person's death.

  • Provides financial protection for loved ones in case of the insured's death

  • Can help cover funeral expenses, pay off debts, or replace lost income

  • Premiums are paid regularly to maintain coverage

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

Relationship Associate Jobs

Relationship Associate 1-3 years
Max Life Insurance Company Limited
4.1
Kottayam
Relationship Associate - Group Business 0-5 years
Max Life Insurance Company Limited
4.1
Indore
Relationship Associate - Bancassurance 1-2 years
Max Life Insurance Company Limited
4.1
Hyderabad / Secunderabad
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