What are the duties and responsibilities of a insurance agent?

What are the duties and responsibilities of a insurance agent?

Roles and Responsibilities of an Insurance Agent

  • The insurance agent helps in promoting and selling of insurance products and services to its customers.
  • Giving sound financial advisory services and customer support to the clients.
  • Needs to deal with not only individuals but their families and corporate businesses too.

What are the daily duties of a insurance sales agent?

Duties

  • Call potential clients in order to expand their own customer base.
  • Interview prospective clients to get information about their financial resources and discuss existing coverage.
  • Explain the features of various policies.
  • Analyze clients’ current insurance policies and suggest additions or other changes.

Which is the guidelines for insurance agent work?

An Insurance Agent/POS must have a bachelor’s degree (graduate). However, in some cases, someone who has passed out of school but has vital talent and experience in sales may also be able to become an agent. Therefore, being 12th pass is the least requirement for becoming an insurance agent.

What should an insurance agent put on resume?

Most resume samples highlight skills such as communication, the ability to sell, insurance products knowledge, and computer operation. A well-written example resume for the job should mention at least a high school diploma and license from the state where the candidate wants to operate.

What is general insurance in simple words?

Definition: Insurance contracts that do not come under the ambit of life insurance are called general insurance. The different forms of general insurance are fire, marine, motor, accident and other miscellaneous non-life insurance. Like life insurance, general insurance products come at a price in the form of premium.

What do you mean by general insurance?

What is SP in IRDA?

Eg.: Specified Person (SP) having certificate to act as SP for Life business can work for life insurers only with whom CA is tied up.

What are the objectives of general insurance?

And with that idea, Parliament, on 20 September 1972, passed the General Insurance Business (Nationalisation) Act (GIBNA) for the “acquisition and transfer of shares of Indian insurance companies and undertakings of other existing insurers.” Amongst its objectives: to serve better the need of the economy, to develop …

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