Which general insurance company is best for agent?
Top General Insurance Companies with Best Claim Settlement Rate
- Reliance General Insurance Co.
- SBI General Insurance Company Ltd.
- Shriram General Insurance Co.
- Tata AIG General Insurance Company Ltd.
- United India Insurance Company Ltd.
- Universal Sompo General Insurance Company Ltd.
How to become an insurance agent in India?
To become a certified insurance agent, one must get the license approved from Insurance Regulatory and Development Authority of India (IRDAI). This can be obtained by qualifying the mandatory exam, i.e. IRDAI IC 38 pre-recruitment qualifying exam. • Introduce yourself and the insurance company you are associated with at the first meeting itself.
Is Ankur Agarwal the youngest highest selling insurance agent in the world?
However, their love for this profession led them to the winning side. Let’s look at their insurance journey: Ankur Agarwal was just 19 years old when he became the youngest highest-selling insurance agent in the world as he sold life insurance business worth Rs 2.2 crore (Rs 22 million) in terms of premium income.
Can I be an agent for two different insurance companies?
As an individual you can be an agent of only one insurance company. You can be agent for Life insurance, health insurance, general insurance. But cannot be for two insurance in same verticle example two life insurance company LIC and HDFc Life.
What are the biggest challenges faced by insurance agents in India?
Insurance agents selling insurance in India face a tug of war between Life Insurance Corporation of India and private insurance companies. Narendra Kumar Tulsian went through the same. He said that “most customers had blind faith in the old LIC institution, and this posed a major challenge for us agents.