Create knowledge
[?]
|
(rate this)
|
 |
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...
|
|
 |
Ajay Rai
| Answered
| 3 years ago
|
|
Insurance can be considered as investment if a person is investing in products like ULIP. All insurance policies dont serve as investment. ULIPs are market-linked investment plans with a life cover thrown in, but the cover is generally lower than in a...
|
|
Answer: "What are the pros and cons of purchasing insurance as an investment?" deleted from your view.
|
(rate this)
|
1
Training & Development
2
Market Segmentation and Insurance products and services that cater to the needs and wants of these segments
 |
Niranjan Meena
| Supported idea
"Training & Development"
| 2 years ago
|
|
  I also support my friends idea regarding the training and development in the insurance companies. Many people in India are unaware of the insurance policies, this is due to lack of proper training to agents who promote insurance policies. So...
|
|
|
|
Ajay Rai
| Added idea
| 3 years ago
|
|
Hi Jitesh, I have seen less importance towards training in this field. It is very important to ensure high levels of training and development not just for staff but also for agents and distribution organizations. Insurance companies have to train...
|
|
 |
A.Mohamed Ali
| Supported idea
"Training & Development"
| 3 years ago
|
|
Hi,  The basic qualification of any sales person is " Understanding Customer's needs and delivering accordingly. Understanding the customer's need can only be achieved by listening and observing the suctomer. We must make the customer speak
|
|
Ideate: "How to grow and survive in the Indian Insurance Market ???" deleted from your view.
|
(rate this)
|
|
Yes
|
4
|
VS |
3
|
No
|
|
|
Ajay Rai
| Argues in support of
"No"
| 3 years ago
|
|
I do not think this is actually going to create any differences. When the company is exapnding the first thing it is going to do is bring its own employees to the newer place.
|
|
 |
Vinod Chaudhary
| Argues in support of
"Yes"
| 3 years ago
|
|
I think it will, there has been a movement of 580 jobs in the past three months, so I think there is going to be a lot of turmoil in this situation.
|
|
Debate: "Insurance sector's future" deleted from your view.
|
(rate this)
|
|
Yes
|
34
|
VS |
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...
|
|
|
|
Sabuj Chowdhury
| Argues in support of
"Yes"
| 2 years ago
|
|
their is no product which one can see or feel,yes a very tough one and if one lerans about it very good,the only precaution is donot do any false sales which most of times the superior knows it but forces the new comer to do and then his...
|
|
 |
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...
|
|
Debate: "Sales future In Insurance" deleted from your view.
|
(rate this)
|
1
Find your Human Life Value first..
2
HLV AND NO BONUS CONCEPT
|
|
Badarish
| Added idea
"Monthly Family Expenses"
| 1 year ago
|
|
E.g:Mr.Raju aged 40,working in MNC and his wife Rekha housewife 35,their monthly house hold expenses is Rs50000/- out of which Raju spends Rs15k on himself.Raju were expected to live till 70 and his wife till 75, How much does Mr.Raju needs to be...
|
|
|
|
satish kumar matam
| Added idea
"HLV AND NO BONUS CONCEPT"
| 2 years ago
|
|
human life value is the prime concept in deciding how much insurance you need. but that concept goes bersek once you know how much premium you have to pay for securing that much sum assured. as mr.chandramouli rightly said that no body wants to...
|
|
 |
V.Chandramouli
| Supported idea
"Find your Human Life Value first.."
| 2 years ago
|
|
Even though I agree with human life value, but one must also assume the capacity to pay. Say for eg. I want to cover for a crore S.A. but my annual income is around Rs.1.5 lac how is it possible? I have to cover up my basic needs and daily...
|
|
Ideate: "How much insurance you need?" deleted from your view.
|
(rate this)
|
|
Favour
|
1
|
VS |
1
|
Against
|
|
|
Ajay Rai
| Argues in support of
"Against"
| 3 years ago
|
|
But in my opinion the Indian promoters’ stake reduction to 26% is unlikely. I expect government to make the listing of insurance companies mandatory. I feel that government should focus more on the banking and pension bill now and Indian...
|
|
 |
Vijay Kumar
| Argues in support of
"Favour"
| 3 years ago
|
|
I feel that insurance companies need to list within ten years and added that the amendment would sort out the shareholding anomaly in the Insurance Act. Â
|
|
Debate: "Debate on Insurance Amendment Bill" deleted from your view.
|
(rate this)
|
|
Reinsurers
|
1
|
VS |
0
|
Investment bankers
|
|
|
Ajay Rai
| Argues in support of
"Reinsurers"
| 3 years ago
|
|
Reinsurers believe they can compete with the investment banks for financial risk business because they know how to quantify and assess risk and because it is their role to take risk onto their balance sheets.
|
|
Debate: "Financial risk: Who is better reinsurers or investment bankers?" deleted from your view.
|
(rate this)
|
|
Yes
|
1
|
VS |
0
|
No
|
|
|
Ajay Rai
| Argues in support of
"Yes"
| 3 years ago
|
|
Life insurance is a necessity than expense in such unpredicted environments. I feel one should go for life policy that includes an investment option. A variable universal life policy is a good example according to me but the problem is with the...
|
|
Debate: "Are life insurance worth the high premiums?" deleted from your view.
|
(rate this)
|
|
Yes
|
1
|
VS |
0
|
No
|
|
|
Ajay Rai
| Argues in support of
"Yes"
| 3 years ago
|
|
Life insurance is a necessity than expense in such unpredicted environments. I feel one should go for life policy that includes an investment option. A variable universal life policy is a good example according to me but the problem is with the...
|
|
Debate: "Are life insurance worth the high premiums?" deleted from your view.
|
(rate this)
|
ICICI Lombard plans to expand its presence in the rural sector across the country with a focus on weather and cattle insurance, a top company official said. We plan to increase our rural market share to 11 per cent in FY 08 from 8 per cent last year. We are hopeful of collecting a premium of Rs 540 crore in FY 08 from Rs 230 crore last year, ICICI Lombard's Head, Rural and Agriculture Business, Pranav Prashad, told the media. We have charted out a concerted plan to strengthen our reach across rural India and offer insurance products like weather insurance, cattle insurance, health and personal accident insurance, Prashad said. The company plans to expand by activating rural marketing channe...
Trends: "ICICI Lombard to expand its presence in rural sector " deleted from your view.
Follow me on
