- 2023-01-31 Insurance
LIC Agent Software in India
People in India are well aware of what LIC is, however, on a larger scale, allow us to educate you about LIC. LIC is India's life insurance organization. And LIC has been going on for years. And all over the world in India, almost everyone has life insurance for their own protection. A life insurance policy is a legal agreement between a life insurance company and the policyholder. In compensation for premiums paid by the policyholder throughout their lifetime, a life insurance policy ensures that the insurer will pay money to one or more designated beneficiaries when the insured person dies.
There is a lot of insurance to handle with just one agent working, and because the agent is also a person, they can't recall every insurance job and also which policy they have taken. Even if agents physically record the insurance in a book, it has transpired that the books become misplaced or human mistake causes problems.
The life insurance agent is in charge of giving advice, acting as a middleman between the customer and the insurance company, and selling life insurance policies that pay out when the life-insured individual dies.
In India, To be a successful life insurance agent, you need to give excellent customer service while also expanding your customer base through active marketing, social media, and other initiatives. Finally, a top-tier life insurance agent will perform a requirements analysis for each customer to verify that the appropriate products are advised.
Responsibilities of a Life Insurance Agent:
Provide advice to clients and offer insurance products.
Provide services as a mediator between insurance firms and clients.
Maintain and keep clients by providing excellent customer service.
Increase your consumer base.
Prospective clients should be interviewed to acquire information about them.
Sell life insurance plans that pay out on death.
Sell annuities that provide a retirement income.
Analyze and suggest changes to the client's present portfolios.
Assist customers with their claims.
Keep both electronic and paper records.