Insurance and Investment

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Tags:	save tax invest in ulip
Category:	Business Area
Industries:	Insurance
Functional Areas:	Innovation
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Visibility:	Everyone
Members:	42
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Articles:	3
Questions:	2
Debates:	6
Idea Contests:	14

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Topic of the week : how to prepare for interview Go to Topic

Interview assumes an important step in the entire job hunting process....

How to answer " Why should we hire you ?"

Top Rated Answer :

Step1 When the interviewer asks why they should hire you, it's important to be prepared. It's a good idea to jot down a basic outline of the points you want to cover prior to the interview. Don't memorize it, but make sure you know exactly what...

50 interview questions

Review these typical interview questions and think about how you would answer them. Read the questions listed; you will also find some strategy suggestions with it. 1. Tell me about yourself: The most often asked question in interviews. You need to have a short statement prepared in your mind. Be careful that it does not sound rehearsed. Limit it to work-related items unless instructed otherwise. Talk about things you have done and jobs you have held that relate to the position you are intervie

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Debates in "Insurance and Investment"

Argue

Are we going to experience M&A

288 referals, 5 arguments, 36 views

	Referred by Niranjan Meena, Actuary Manager, LIC \| Topic: challenges in insurance sector \| 3 years ago
	Need to know different views and their apprehension about the future of Life Insurance Industry in India.

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Why are all the pvt Insurance companies finding it hard to come out of the red? (please dont show me the botched figures)

69 referals, 61 arguments, 567 views

	Argument added by SURENDRA TEWARI, Freelancer, Freelancer \| Topic: Changing perception of people towards insurance \| 3 years ago
	I am observing for quite long that only LIC men are self praising and posing as if LICI is the greatest organisation. Will any LICI man reply to under noted questions: 1. An organisation is considered strong with its strong capital base. Therefore,...

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Idea Contests in "Insurance and Investment"

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What are the things that will make LIC a good banking institution?

337 referals, 12 ideas, 292 views

	Argument added by K. Chandrakumar, Insurance Advisor/Analyst, LIC of India \| 2 years ago
	LIC is a trusted brand in the insurance sector. People blindly take insurance policies just by the name LIC. That is the belief which my clients have. Sometimes the delay in giving policy bonds doesnt go well with the customers. I suggest electronic...

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How to increase insurance sales ?

80 referals, 8 ideas, 490 views

	Argument added by K. Chandrakumar, Insurance Advisor/Analyst, LIC of India \| Topic: How to Sell Insurance during recession? \| 2 years ago
	I think everything has to be made online, right from sending forms. It ensures a paperless office. Policy bonds should be delivered online

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Trends and Insights in "Insurance and Investment"

Comment

Why Life Insurance Is The Safest Investment Among The Investments?

14 referals, 4 comments, 360 views

	Commented by K. Chandrakumar, Insurance Advisor/Analyst, LIC of India \| Topic: Changing perception of people towards insurance \| 2 years ago
	Insurance is not investment, it is social security.

Comment

10 Key Ingredients to a Successful Retirement Plan

0 referals, 1 comments, 16 views

	Referred by Niranjan Meena, Actuary Manager, LIC \| 3 years ago
	The 10 “Key Ingredients” to DEMAND from a Financial Professional in a Successful Retirement Plan!! If a client is working on their retirement plan, it is very likely they have not only personal goals and dreams, but also a minimum level of...

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Q & A in "Insurance and Investment"

Answer

How one should pitch for disaster insurance ?

84 referals, 5 answers, 22 views

	Answered by Jithesh Ramesh, Actuary Manager, Tata Aig Insurance Solutions \| Topic: How to Sell Insurance during recession? \| 3 years ago
	In countries like USA, people are so much concerned about disaster insurance that almost every person has on. But in India, due to lack of awareness we don't have such market. Also, disaster is uncertain so people don't believe in these types of plans...

Answer

Can anyone please help me with this problem.

60 referals, 8 answers, 35 views

	Referred by Niranjan Meena, Actuary Manager, LIC \| Topic: Changing perception of people towards insurance \| 3 years ago
	Can anyone please help me with this problem.

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Topics in Insurance and Investment

Indian brands vs. Global Brands Go to Topic

Strong Brands make a strong nation: So Why are Indian brands still lagging behind?

In today’s environment, strong brands are the foundation in building a strong nation. Let’s take a look at some of the nations of the world. The USA has the largest economy in the world and is also known as the land of brands. In the 2008 top 100 Best Global Brands study conducted by inter-brand, the US leads with 52 brands in the top 100 list, followed by Germany with 11, France 8, Japan 6, Switzerland 4, the Netherlands, Britain and Italy 3 each, Korea and Sweden 2 each, Finland and Spain one

Indian Railway


	12 NO DOUBT TATA CAN DO .
	3 New Coaches and Engines
	2 Future is good in hands of privatization

Renewable energy in India Go to Topic

will solar indeed be a significant energy technology?

Yes

A Vision for Global Energy Independence

The vision of an energy indendent Planet Earth may seem delusional to some people. The idea of our world powered by wind turbines and photovaltic power stations is quite overwhelming to the mind, admittedly. Questions emerge - doubts really. How would we get there? Where do even start? Where would all the money come from? Could I contribute somehow? Ironically, the answers to these questions and others may lie at the tip of your fingers, even as we speak! Networking is an incredibly powerful to

career oppurtunities in insurance Go to Topic

So far as the Insurance Broking is concerned, what was the comfort level when they joined the industry and NOW?

The picture continues to be rosy

it is gloomy

INSURANCE GETTING TOUGH TO SELL

" Today as well i am not going to share anything new here " But yes i have some points in my mind which i would like to share with you guys. I am not that much experienced person in insurance but still i have little knowleadge about insurance" Why People believe insurance is not a good choice as a career. Why do people try to escape from insurance sector. Why they feel its one of hardest career chioce to make. Its been long time i shared any experience here about my job : today again i am goi

challenges in insurance sector Go to Topic

Can Insurance sector drive Indian CRM market ?

Top Rated Answer :

You spend 7 times to woo a new customer than retain the existing customer. There are various suggestions offered by Industry leaders . I am just listing a few strategies :- Companies need to think in terms of spending smarter, not spending less....

India ranks very low in General insurance business - How to improve it?


	4 Create more certainity in the Environment
	2 Lack of reach and low commission
	1 Lack of Education & Awareness among people regarding Gen Insurance

Developing Insurance products for developing markets Go to Topic

Insurance companies have been banned from investing in IDRs - How it will affect them?


	6 It may ruin IDR market of Stock analysis

property prices gone high by 15-20% has hampered other saving schemes

How to Sell Insurance during recession? Go to Topic

Sales future In Insurance

Yes

Can Insurance agents Really Thrive In A Down Economy?

Yes

Changing perception of people towards insurance Go to Topic

How to change the perception of customers from insurance to investment..??


	4 educate the public
	2 Need Analysis
	1 Awareness

How much insurance you need?


	3 Find your Human Life Value first..
	1 HLV AND NO BONUS CONCEPT
	1 Need $ the Family Need.

Challenges Faced in Insurance Markets Go to Topic

How Is the Financial Crisis Impacting the Insurance Industry?


	2 Reduces Future Profitability
	1 insurance should be done in good time when we dont need it
	1 Insurance is good in bad times as well as good times

Insurance industry in India - 'renewed' focus on renewal premium

So it seems the private life insurance companies (PLIs) in India have finally realized the importance of renewal premia (ref. Economic Times Delhi 9-Mar-09 ‘Ulips add premium to life insurance renewals’). The other day at the Economic Times insurance conclave, the head of one of the PLIs indicated that the industry perhaps had a misplaced emphasis on new business, and new measures of performance need to be evolved. In another context, critical today in view of current liquidity problems in

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save tax invest in ulip