-
Why insurance advisors need to have strategies in place for customer retention
Being an insurance advisor requires you to wear many hats. You have a role to play in making sales, in business development, client meetings and marketing your brand among others. The list is pretty long, but one of the things most people forget to focus on and do not realize is key to their business…
-
Change of premium rates for motor third party liability cover
Every year the Insurance Regulatory and development Authority (IRDA) makes changes in the third party premium rates for motor insurance policies. This year too, the authority has made changes in the premium rates for motor third party liability cover. Here are the revised rates vis-à-vis the older ones for you to know – For private…
-
How can you sell cancer cover plans to your clients? Here is a complete guide
Cancer has become a menace in today’s age when increasing number of individuals, both men and women, are falling victims to the disease. The numbers are shocking. Have a look at them – According to the National Institute of Cancer Prevention and Research (NICPR), the latest cancer data is as follows – According to reports,…
-
Qualities of a successful insurance advisor
Being an insurance agent has a lot of benefits. You make your own rules, you decide when you want to work and you answer only to yourself. However this business is one that can come to a standstill if you do not take the initiative to keep the ball rolling and the leads hot. The…
-
Did you know the tax efficiency of ULIPs?
Unit Linked Insurance Plans are unconventional life insurance plans which offer you the benefit of insurance as well as market-linked returns. While most of you understand the concept of ULIPs, are you familiar with their tax angle? ULIPs are tax-saving investment avenues like other life insurance plans. The premiums paid qualify for tax deduction under…
-
An insurance advisor’s guide to cross-selling more insurance policies to existing clients
Let’s talk about what exactly cross – selling is. Cross – selling is nothing but selling a different product or service to an existing customer. An insurance advisor has lots of opportunities with clients to cross – sell other insurance policies. For example, as an advisor, you can consider cross selling health insurance policies to…
-
Did you know - senior citizens can enjoy health insurance deductions for up to Rs.50,000?
Health insurance premiums qualify for tax deductions under Section 80D of the Income Tax Act. While for individuals below 60 years of age the maximum deduction allowed is Rs.25, 000, the limit has been enhanced for senior citizens. According to the new rules mentioned in the Union Budget 2018, senior citizens can claim a maximum…
-
Growth of insurance business in India — Jan’18 Report
The awareness for insurance among the Indian population is steadily growing. While earlier people used to shy away from insurance, today, individuals are choosing to insure their life, health and other belongings through different life and non-life insurance plans. While motor insurance is compulsory, term insurance, ULIPs and health insurance products are also finding favour…
-
How you can grow your business by paying attention to what your customers say on social media
There are several benefits to being your own boss and as an insurance agent working for yourself, we are sure you can relate to this. However, owning a business means you are alone in executing important tasks and decisions. If you drop the ball, the business will stay stagnant. Movement on all fronts is of…
Download TurtlemintPro App
Recent Posts
- All About No Claim Bonus (NCB) In Motor Insurance
- Pay As You Consume In Motor Insurance
- Understanding The Concept Of Maturity Amount In Insurance
- The Importance Of Roadside Assistance In Motor Insurance
Subscribe our Youtube channel for lots of informative & educational videos :
Insurance Gyan by Turtlemint
