Question

What is the process recommended for insurance agents to analyze the client's requirement according to IRDA regulations?

a.

Randomly recommend insurance products to the client

b.

Use guesswork to determine the client's needs

c.

Ignore the client's requirement

d.

Gather all information through 'Fact Finding' and then recommend a product that best suits the client's requirement

Answer: (d).Gather all information through 'Fact Finding' and then recommend a product that best suits the client's requirement Explanation:The agent should gather all information from the prospect and analyze his requirement through a process called 'Fact Finding' before recommending a product that best suits the client's requirement.

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Q. What is the process recommended for insurance agents to analyze the client's requirement according to IRDA regulations?

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