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IRDAI Circular – The Growth of Insurance Business: June 2018 vs June 2017
June proved yet another fruitful month for the insurance industry with both life insurance companies as well as general insurance companies posting positive growth. The premium collected by insurance companies in June 2018 showed an upward trend when compared to June 2017. Among general insurance companies, Aditya Birla Health Insurance and Cigna TTK posted the…
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Increase your life insurance business by utilizing your NRI client base
When it comes to selling life insurance plans, you look for contacts and get referrals from your contacts after a successful sale. You are aware that you can sell life insurance plans to your clients who are resident Indians. However, do you know that Non-Resident Indians (NRIs) can also be your clients for life…
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Will my business suffer because of multi-year car insurance policies?
The motor insurance segment is quite popular simply because motor insurance policies are compulsory for driving vehicles on Indian roads. So, all your clients, who own a car or a two-wheeler, would buy a motor insurance policy from you securing their vehicles. You should, therefore, keep yourself updated with the changes happening in the motor…
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Why reforms to simplify health insurance policies will be good for customers, and business too!
The health insurance market is dynamic. Various changes take place continuously in a bid to improve the health insurance products offered to the public. The Insurance Regulatory and Development Authority of India (IRDAI) tries to make health insurance products more customer-friendly so that policyholders can enjoy better benefits. For instance, a few years ago IRDAI…
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QnA Thursday : Ep: 7 (Term Insurance)
#QnAThursday Welcome to the Episode: 7 on QnA Thursday. Today’s question is: “Can I change the cover amount of term insurance plan?” If you’ve any other questions pertaining to insurance, feel free to comment on this post and we’ll try to answer your questions. Sign up for Mintpro at www.mintpro.in and start selling insurance today!…
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Kotak Insurance: super top-up plan
In this Interview with Mr. Siddharth Dutta, Deputy Vice President, Kotak General Insurance, discuss the Kotak Super Top-up Plan – a plan that secures you even after the medical inflation. You can also watch – USPs of Kotak Premier Total Plan here Other Features of Kotak Premier Total Plan here FAQs on Kotak Health Premier…
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How to know when it’s time to convince your clients to increase their term life insurance premiums
A life insurance policy is one that serves as a safety cushion to fall back on when facing an uncertain and unpredictable situation such as a possible life threatening illness or a car accident. It is also viewed widely as wise tax saving investment. Premiums on life insurance are invested to secure the future of…
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How good email etiquette can help increase your conversions
An important part of your insurance business is the way you communicate with your prospects and clients. A large part of your professional communications would happen over email, so you have to think about the kind of message and tonality with which you are sending out communications to prospects. Your choice of words, grammar, organisation…
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How to lower motor insurance premium?
As widely known, having a motor insurance is a legal mandate in India and around the world. People generally tend to opt for a comprehensive motor insurance plan which might offer them an own damage as well as the third-party damage cover too. Also, the premium paid for the motor insurance is also getting increased…
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