How to Hire and Retain Young Insurance Agents

Indian Insurance companies are facing depleting middle and senior management. With the attrition rates of the young talent at an all-time low of 30% up to 70%. It needs to seriously reconsider how they communicate with, hire and retain every new Insurance Agent. Most major Insurance Companies in India have a workforce, that is fast aging. Hence they are facing an impending talent crunch. Automation cannot provide a proper replacement [...]

By |2019-09-17T06:01:35+00:00June 22nd, 2019|Insurance Distributor|0 Comments

Insurance Broker or Agent: Understand the Difference to make better decisions

Like the most general public, we purchase our insurance policies either through an Insurance Broker or Agent. The functions performed by Insurance Agent are similar, but not the same, to those performed by Brokers. Knowing the difference between the Insurance Broker or Insurance Agents would enable you to make the best use of their services for your insurance and financial requirements. In this article, we will understand how they differ. [...]

By |2019-09-17T05:59:46+00:00June 21st, 2019|Insurance Distributor|0 Comments

Top 5 secrets an insurance agent won’t reveal

Insurance Agent Secrets are rare that everyone knows. Firstly, how to become an insurance agent with their role play?  Every insurance agents enter the area with a compilation of product information. And they understand, in theory, how to prospect, sell and market the insurance policies. The insurance agents have portrayed as an insurance firm /agency and trade insurance policies on its basis. Usually, there are 2 types of such agents [...]

By |2019-09-17T06:34:26+00:00June 21st, 2019|Insurance Distributor|0 Comments

Insurance agent commission structure

About The commission earned by the insurance agent varies from company to company. Must read on who makes more money: Insurance agent or mutual fund agent. We will learn about insurance agent commission structure in India and how the Insurance Agent Commission is defined by the Companies. Learn how you can become an Insurance agent in India. Insurance agents are the intermediaries between insurance companies and those who seek insurance [...]

By |2019-09-17T05:59:03+00:00June 21st, 2019|Insurance Distributor|0 Comments

Life Insurance Vs Mutual Fund

When it comes to the best investment choices, everyone faces numerous choices. Moreover, where you plan to invest the money and how much is an individual's choice. With a wide range of financial products at your disposal, the selection of a particular product can be a difficult task. What holds the most important part is your goals. You can be a single young investor or one with dependents to look [...]

How to sell insurance online: A complete guidebook

About The large portion of an insurance agent income comes from the commission earned on the insurance policies. Must read on a guide to the tax return for an insurance agent. Now, with more and more people coming online, it has become mandatory to make a shift in your proceedings. For this, you need to sell life insurance online. Read on how you can become an Insurance agent in India. This [...]

By |2019-09-17T05:58:29+00:00June 21st, 2019|Insurance Distributor|0 Comments

PoS Insurance Agent: Eligibility and Benefits

Insurance Sector is governed and regulated by its registration authority, Insurance Regulatory and Development Authority of India, or IRDAI. All the activities related to Insurance are supervised closely. The PoS (Point of Sales) initiative was introduced by IRDAI, to increase insurance penetration in India. In other words, a PoS agent can sell insurance after receiving a Certificate by IRDAI. The penetration of insurance in India has been low because there [...]

By |2019-09-17T05:57:13+00:00June 21st, 2019|Insurance Distributor|0 Comments

How to build your own insurance agency

Build an insurance agency is a great idea. Do you want to build an insurance agency? As one might suppose to have a lot of preparation and work ahead even if you're already a licensed agent. If this is one's first entrepreneurial venture, verify out this easy guide to get enrolling. It has a group of an insurance agent who is well trained about selling all the insurance policies. What [...]

By |2019-09-17T06:36:45+00:00June 21st, 2019|Insurance Distributor|0 Comments

Life Insurance Vs Mutual Fund Agents : Who Earns More?

Including us, everybody’s eyes are always on the insurance agent earning. Do we know our mutual fund agent earning, an agent who sells you mutual funds? Charges fee (fee-based financial planners) or some online portals (where you feel so much comfort to invest online)? Let us discuss who earns more: Life Insurance Vs Mutual Fund Agents. Let us guess that tenure of investment is 15 years and investor is ready to invest [...]

By |2019-08-08T08:23:38+00:00June 21st, 2019|Insurance Distributor, mutual funds|0 Comments

Online or Offline Agent: Whom to buy Insurance from

It is the digital age that we live in. Everything is available at our fingertips. So why should Insurance be an exception? To facilitate customers, now all insurance companies are posting the details of their products on their official websites. Although in the past few years have seen a rise in the number of online insurance buyers, many people still have their doubts about buying a policy online. With the [...]

By |2019-09-17T05:56:25+00:00June 20th, 2019|Insurance Distributor|0 Comments