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Abhinav Nigam Actuary Manager, Reliance Life Insurance
 
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Aditya Sharma  |  Answered  |  3 years ago
Like any investment a person has to be very much vigilant.But the pros that you can say are: a) Tax Benefit b) Life cover c) sum assured to some extent d) Critical Illness Benefit if the proposer has opted for it. This is not available if...
Abhinav Nigam  |  Answered  |  3 years ago
According to me the purpose of life insurance is to provide security to the beneficiaries of the person who is insured. To use life insurance as an investment means that, to some extent, you might be putting that death benefit, that value to the...
 
 
Answer: "What are the pros and cons of purchasing insurance as an investment?" deleted from your view.
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1 INSURANCE IS RECESSION PROOF
2 Try to become the Financial Advisor
s.kumaravadivelu  |  Supported idea  "Try to become the Financial Advisor"  |  3 years ago
At the bck drop of the prevailing recession, it is high time to educate people to get their life covered which offers a social protection apart from in built tax saving it offers.A Financial advisor needs to focus on the importance savings in...
s.kumaravadivelu  |  Supported idea  "Try to become the Financial Advisor"  |  3 years ago
At the bck drop of the prevailing recession, it is high time to educate people to get their life covered which offers a social protection apart from in built tax saving it offers.A Financial advisor needs to focus on the importance savings in...
Manoj Chaturvedi  |  Supported idea  "INSURANCE IS RECESSION PROOF"  |  3 years ago
Dr.Sanjay i completely agree.Insurance industry is somewhat recessaion proof and because of its huge scope this industry will do wonders in the coming years.Because still a huge population is there which is not insured and they have the...
 
 
Ideate: "Tips for Insurance Agents in a bad economy !!!" deleted from your view.
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Yes 
34
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11
 No
DEEPAK SHARMA  |  Argues in support of  "No"  |  2 years ago
It hinges upon how you want to take it-from the point of company or the salesperson.See,insurance is still in its evolution phase with growth of approximately 14% percent per year and only 4% of the insurance sector is organised.All this makes...
Abhinav Nigam  |  Argues in support of  |  3 years ago
Its not a Good option at all to start a career in sales with insurance products or any financial products during this downturn. I do agree with Mr.kumar that selling insurance products is tougher job especially the ULIP one  due to the market...
Dushyant Hada  |  Argues in support of  "Yes"  |  3 years ago
Its no doubt good option but its only for smart hard workers at initial stages, a person who wants comforts of corp. sector then its clearly no at front line sales. but smart hard workers always get success in insurance sector, so it is great...
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Debate: "Sales future In Insurance" deleted from your view.
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Yes 
37
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5
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John D Nevin  |  Argues in support of  "Yes"  |  2 years ago
Yes, I agree. There is a huge potential for growth of the insurance sector in the rural areas. This is because the awareness about the insurance products is picking in the rural areas thanks to the advertising that the insurance companies do in...
Niranjan Meena  |  Argues in support of  "No"  |  2 years ago
Amar is right. Income of villagers is too less. They cannot even afford their basic needs properly. Moreover majority of them are illiterate who don't know anything about insurance which gives birth to many myths against insurance. The population...
ish kumar banga  |  Argues in support of  "Yes"  |  3 years ago
Well in my view, i strongly with the point that rural market is one of the fastest growing market. As a Insurance Sales Professional, I have visited many rural villages and most of my bank branches are in one of most backward areas of Rajasthan...
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Debate: "Is rural sector a market for Insurance" deleted from your view.
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Yes 
4
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7
 No
Danaseker  |  Argues in support of  "No"  |  3 years ago
Most of the call centres facilitating services to foreign nationals who are looking for every needs through internet but not in India as far as Insurance is concerned even in meeting in person they have not understand the concept of Insurance as...
Abhinav Nigam  |  Argues in support of  |  3 years ago
My friend was talking about time utilization by not moving from every street but I would just say that these mails if you send to people they will be regarded as spam by them, so that would also count as waste.
moulik shah  |  Argues in support of  "Yes"  |  3 years ago
Definately it can do well but with only thing has to be ensured that the wordings should not float like it looks as spam. it is a smartness always to put the business in such a way that customer likes it and asks for it. The main point to fetch...
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Debate: "Internet a medium to buy Insurance" deleted from your view.
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1 Double Accident Benefit
2 fundamental of insurance
SIVARAMAKRISHNA.M  |  Added idea  "HOW ABOUT GOING FOR NEW LIFE INSURANCE COMPANY OFFERS ME UP TO 80 YEARS"  |  2 years ago
HI GUYS, TELL ME GOING FOR A NEW COMPANY WHICH IS OFFERS ME UP-TO 80 YEARS, WHICH THEY START WITH 3 YEARS - 80 YEARS. THANKS REGARDS SIVA RAMA KRISHNA.M    
sujit Kumar  |  Supported idea  "fundamental of insurance"  |  2 years ago
The way of speaking clearly tells the pain existing in contemporary society.
Ajay Ziz  |  Supported idea  "Double Accident Benefit"  |  2 years ago
just sell policies and take commission . thats the best you can do . argument karne ke liye logic chahiye
 
 
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The Life settlement market for young and old people is becoming a controversy. Not only was the life settlement market more than a century in the making, but the market for life settlements would not have originated without a numerous amount of judicial rulings, events and prime individuals. Exactly knowing the life insurance Settlements Life settlement have introduced a secondary market for life insurance for seniors and younger people. Policy owners have easy access to fair market value for their policies, as opposed to accepting lower cash surrender value from the issuing company of life insurance settlements. A life insurance settlement is a financial transaction in which a policy owner...
 
 
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Insurance is always meant for people to secure themselves incase of any disaster. These disaster could count many ranging from ant thieft to a persons death. It simply means that Insurance is liable for everyone and does not mind in what ever field they belong to. There are insurance for people who fell ill. But the people who handle the most risky jobs like Pet-sitting are not insured. Companies purchase workers compensation programmes by the state to insure them. The problem arises of the number of employees, there needs to be certain number of employees in a company for the company to get insured. Even these thershold varies from region to region. If the number of employees are less the ...
 
 
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The people who are interested in any kind of investing are more interested in investing in portfolio's. Here are some tips about how to get an investment portfolio that is well balanced and should enable you to weather most storms. If you invest in only one part of the investment the chances of loss is more.On the other hand, if you diversify enough, other profitable areas can make up for poor growth in one area. This allows you to continue doing at least reasonably well in some areas - in other words - all is not lost. To your stock trading, you need to include bonds, trust funds, and possibly even property. Trust funds do even better with interest than bonds, they are much more stable tha...
 
 
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Abhinav Nigam  |  Answered  |  3 years ago
Social Service Professional liability insurance does not provide any medical malpractice coverage. Social Service Professional covers liability for damages arising from the rendering of or failure to render professional services. Check the policy...
 
 
Answer: "How does Social Service Professional Liability coverage compare to medical malpractice insurance?" deleted from your view.
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