Q. When should insurance be recommended for a risk?

View solution

Q. What should homeowners in flood-prone areas consider regarding insurance?

View solution

Q. How should agents approach their role in relation to customers?

View solution

Q. What role does handling objections play in the sales process for an insurance agent?

View solution

Q. What is the significance of properly filling out a proposal form for insurance?

View solution

Q. What is the agent's role in helping the customer complete additional formalities for the policy?

View solution

Q. What do IRDAI (Issuance of e-Insurance Policies) Regulations, 2016 provide for?

View solution

Q. What is the purpose of a cover note in insurance?

View solution

Q. In which classes of business are cover notes and certificates of insurance predominantly used?

View solution

Q. What responsibility does the agent have regarding the issuance of the cover note?

View solution

Q. What is the policy document in insurance?

View solution

Q. What is the role of a good insurance agent in premium payment?

View solution

Q. Which of the following is not a method of premium payment?

View solution

Q. According to IRDA Regulations, how should premium payments through net banking or credit/debit cards be made?

View solution

Q. What is the purpose of issuing a receipt after premium payment?

View solution

Q. What opportunity does the agent have when inquiring about the receipt of the Policy Document from the customer?

View solution

Q. What is the free-look period provision?

View solution

Q. In general insurance, what choice does the customer have at the time of policy renewal?

View solution

Q. What is the purpose of a Renewal Notice sent by general insurers?

View solution

Q. How do high producer agents maintain trust and loyalty with their clients?

View solution