1000+ Satisfied

& Happy Client

Number #1

Recruitment Officer  Nashik

Leading Provider

Of Insurence Solutions

  • Jeevan Prakash, Gadkari Chowk, Nashik
  • +91 7588518800

1000+ Satisfied

& Happy Client

Number #1

Recruitment Officer  Nashik

Leading Provider

Of Insurence Solutions

Job Profile

What does an LIC agent do? 

Most people have their first contact with an insurance company through an insurance sales agent. These workers help individuals, families, and businesses select insurance policies that provide the best protection for their lives, health, and property. Insurance sales agents who work exclusively for one insurance company are referred to as captive agents. Independent insurance agents, or brokers, represent several companies and place insurance policies for their clients with the company that offers the best rate and coverage. In either case, agents prepare reports, maintain records, seek out new clients, and, in the event of a loss, help policyholders settle their insurance claims. Increasingly, some are also offering their clients financial analysis or advice on ways the clients can minimize risk.

Insurance sales agents, commonly referred to as “producers” in the insurance industry, sell one or more types of insurance, such as property and casualty, life, health, disability, and long-term care. Property and casualty insurance agents sell policies that protect individuals and businesses from financial loss resulting from automobile accidents, fire, theft, storms, and other events that can damage property.

  • Secure names of people who are likely to need life insurance.
  • Meet those people at times convenient to them and during the interview, Uncover their insurance needs.
  • Awaken them to their needs and present life insurance plans that will satisfy these needs within their capacity to pay the premium.
  • make all reasonable enquiries regarding their health, habits, family history, moral hazard etc. and satisfy yourself about their insurability before recommending their proposals.
  • Get the proposal form properly filled in by the proposer, get payment towards proposal deposit and get medical and other tests, whenever needed, properly completed.
  • Ensure that premiums are paid regularly by the policyholder.
  • See that age of the life assured is admitted in all policies.
  • Advise and help policyholders in effecting nomination/ assignment.
  • Try to prevent lapsation of policies.
  • Render all assistance to policyholders in effecting change of address, to revive their policies, to claimants in complying with all the requirements for settlement of claims.
  • To fully realise the noble service rendered by life insurance and hold this business in high esteem.
  • To give correct information about physical and financial aspects of the proposer, as the grass root level under-writer.
  • to work consistently and according to a programme with the aim of extending the benefits of life insurance to as many people as possible.
  • to strictly adhere to the rules and regulations of LIC and IRDA and procure proposals only on lives of people conforming to the physical, moral and financial standards prescribed by the Corporation and IRDA.
  • To use only the right methods for persuading clients to provide financial security for their families and make accurate and truthful presentation to them.
  • Improve your knowledge of life insurance through constant study.
  • Render prompt and sincere service to your clients and be fair in your relations with colleagues.
  • Be loyal to the Corporation and truly represent its viewpoint to the insuring public.
  • Comply with guidelines issued by Insurance Regulatory and Development Authority (IRDA).
  • To fully realise the noble service rendered by life insurance and hold this business in high esteem.
  • Work diligently and persistently towards a reasonable and definite objective (serving society while simultaneously being compensated).
  • Plan tomorrow’s work today; do today what was planned yesterday.
  • Make as many contacts as possible with the right kind of people.
  • Find out as much as possible about people, study and analyse your market.
  • Be prompt in starting work and going into the market every morning.
  • Keep full records.
  • Do the most difficult job first each day.
  • Spend maximum time with prospects.
  • Have a skilled and effective presentation.
  • Follow a programme of continuous self-improvement and improve your image. Plan your target and complete the minimum business guarantee required of you to keep your agency in force. You are required to complete a minimum amount cheap short wedding dress of business during each agency year (successive period of 12 months). Failure to complete the same will result in automatic termination of your agency. You should therefore make it a point to comply with this requirement well in time to avoid tension and last minute haste.
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