Life Insurance Advanced Concepts
Insurance
IC & Managers
60 MinsOverview
A life insurance plan offers financial protection in the aftermath of unforeseen circumstances in life. However, while choosing a plan, you will need to make an informed decision by considering all the elements that influence a life insurance plan. As an insurance agent, it becomes imperative that you inform your customers about these elements that affect an insurance plan.
Topics
This module will cover the following topics:
- Insurance Channels
- Bancassurance Models in India
- Proposal Stage Documents
- Components of Premium
- Insurance Documents—Policy Stage
- Role of Life Insurance Agents and Brokers
Objectives
This course is meant for both insurance agents as well as individuals seeking to learn the advanced concepts of life insurance to make an informed decision before purchasing a life insurance plan.
By the end of this module, you will be able to:
- Explain the proposal stage of a life insurance product
- Describe the factors influencing the pricing of premiums
- Explain the policy stage of a life insurance product
- Describe Reinsurance and its benefits
Interested in this module?
You can avail of this module with the Compliance bouquet. It can be purchased as part of an Individual or Enterprise plan. Sign up for a demo now!
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