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HOW MISS SELLING RUINS A INSURANCE COMPANIES

Tags : HOW MISS SELLING RUINS A INSURANCE COMPANIES
Industry : Equity Research/Analytics, Insurance
Functional Area : Equities
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We often find when the company gives target of appointing insurance advisors they come under the pressure as if it’s the last day of the world and they have to complete every thing before the day goes off. So they appoint any one as advisors. Makes them sit for IRDA exam and some how manages to make them advisors to sell their insurance product. But how are these insurance advisors. Does they have the quality   more than the ability to sell products. Think for a while. Many cases you will end up NO. The agents are able to say

AS LESS OF SPACE I AM GIVING THE LINK TO READ THE REST OF THE ARTICLE TO FIND OUT HOW INSURANCE COMPANIES ARE GETTING RUINED AND THE NEXT THREAT TO THEM

http://anlyst.blogspot.com/2009/09/ultimate-victim-of-insurance-miss.html

 

1 insight , 2 debates , 1 idea contests on topic: "HOW MISS SELLING RUINS A INSURANCE COMPANIES"
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In every company sales mangers are required to appoint insurance advisors. What are these advisors are? In general the advisors are the ones who will sell the insurance products to the clients. That means they are one type of representatives of the company. But is this the end of the story of their identity. Nope they are much beyond than the ordinary word of Advisors.   We often find when the company gives target of appointing insurance advisors they come under the pressure as if it’s the last day of the world and they have to complete every thing before the day goes off. So they appoint any one as advisors. Makes them sit for IRDA exam and some how manages to make them advisors to sell th...
namita bhagat  |  Commented  |  1 year ago
I agree with the views expreesed so far. Also the situation today is that in every other home u find an agent who starts selling policies to parents, sibblings,spouse and other relatives to start with and is no where in the scene after 6 months....
Prasad PN  |  Commented  |  2 years ago
Most flyers issued by agents (including LIC agents) show huge returns of upward 25% to 40% and never focus on basic insurance. No one seems to be following IRDA guidelines in regard to projection guidelines which permits projects at 6% and 10%...
 
 
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Prasad PN  |  Argues in support of  "No"  |  2 years ago
The topics for debate are not properly listed. I would certainly say that the Insurance Agent exams conducted by IRDA is misused and manipulated. Reasons 1. Thousands got IRDA licence without attending online/offline training and without...
ROMESH CHANDER  |  Argues in support of  "Yes"  |  2 years ago
It is  wrong allegation and not true
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Debate: "INSURANCE AGENT" deleted from your view.
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1 Aggressive selling
ROMESH CHANDER  |  Added idea  "Aggressive selling"  |  2 years ago
we must be aggresive in selling and not only used our relations and friends but our skill and efforts
 
 
Ideate: " What future and scope cash less insurance has" deleted from your view.
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As licensed by IRDA, an Insurance agent can work independantly 
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 Agents are human assets of the company
Rijo Stephen Cletus  |  Argues in support of  "As licensed by IRDA, an Insurance agent can work independantly"  |  1 year ago
Yes, these kinds of atrocities are very rampant in the Insurance Industry and I have seen many the executives placed into my office under a franchisee business model, being terminated indiscriminately, without any reasons being assigned nor any...
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Debate: "IRDA may make the licensed agents independant to sell the products of all licensed companies" deleted from your view.
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