LIC AGENCY - AN OCEAN OF OPPORTUNITY

Call Me: 9944081942 Email : prasath.licdo@gmail.com
To Many Insurance Agency is an ideal choice for additional income or as side business. For me, as a Mentor of Insurance Agents, I would call it is one of the best choices to be an entrepreneur. True entrepreneurs put their money where their mouths are, exactly in this business from the day one the insurance Agent/Advisor/Consultant starts figure up his/her topline without waiting for gestation period or  credit period. The profession doesn't require capital, manpower or huge stocks/resources. All one must have will to work systematically and with conviction. Still many struggle to become a successful insurance agent.

Here a Typical first timer or an marketing professional takes up insurance agency in a belief that all is going to rosy picture. Initially one may succeed by getting a hand full of business from Mom, Dad and relatives. As the time goes by, say in a few months the insurance agent get desperate and more desperate rather convincing client he/she may I repeat may(not all) start begging people to give a few policies as they run out of ideas.  Such failures rather quickly makes him a demotivated person and the agency becomes sour grapes.

One must remember while taking up Insurance Agency that it is not a Fishing Expedition. The Insurance Agency profession requires one and only ingredient that is "WILL TO SUCCEED".  The success or  failure are two different outcomes of a process, the former being favourable  and the next being unfavourable result. Before, exploring ways and means to become successful entrepreneur in this field, what one needs to understand is how to be professional in very sense. A professional is not emotional, spontaneous and reactive person. He or she is person who is self disciplined, systematic and knows his SWOT(Strength, Weakness, Opportunities and Threats). His actions have synergy which complement one another and strive to achieve ultimate target. All the aforesaid virtues said to have entrepreneurial aptitude.


Once you have entrepreneurial aptitude you should be conversant with know-how of insurance business. It is the easiest business in the world in terms of the process of insurance canvassing and difficult in terms of patience, perseverance and endurance. All you need to do is keep doing three activities with your prospective customers, a) See b) Send c) Call you can do this in any order like Send Call and See or Call See and Send but it has to be continous without any apprehension. The most important ingredient of aforesaid action is "Being Genuinely Interested In Your Customer".  The customer is a person who always since the first interaction  wants to confirm whether the person who is interacting is "Genuine" or not, the test goes on and on, no matter how long he is associated with you., but with every interaction he/she wants to re-assure that he is interacting with the person who is "Genuine". Therefore it is important to not just be "Genuine" behaviour but also be "Genuinely Interested In Your Customer". 

By being Professional, Systematic, Ethical and Genuinely Interested in your customer you can certainly become one of the successful Insurance Agents.

Comments

Post a Comment

Popular posts from this blog

Myths And Facts about Insurance Agency a Q&A

Myth 1: An insurance agent’s job is a door-to-door sales job. Fact: As an advisor, you would have to make prior appointments for meeting people. You would help them bridge the gap between where they are financially and where they want to be. You would be helping people and as you develop long term relationships with your customers, you will become a part of their family. Myth 2: I have never sold anything in my life so I cannot become an agent. Fact: Most of our agents had never sold anything in their lives before. In our business, we help people make a decision. Our training plays a major role in teaching you how to succeed. With LIC, you will be in the business of helping people achieve peace of mind while reaching their financial goals. Myth 3: Only candidates with a finance background can do well in this business. Fact: A lot of our successful agent advisors are from non-finance professions who have never sold anything in their life before, but they have achieved h
Read more

BENEFITS OF STARTUP IN INSURANCE

Benefits Know more about the benefits Startup As Ace Advisor 1. Rewarding Business Opportunity You will help people realise their dreams by fulfilling their financial goals. The difference you make to their lives is more rewarding and satisfying than you could ever imagine. 2. A Successful Team By joining us, you will be a part of the country's finest team of life insurance startups. In the year 2015, we contributed 4021 members to the Million Dollar Round Table: a global forum that salutes the world's most successful Insurance Startup. 3. Attractive Remuneration  We offer one of the best remuneration systems in the industry that not only takes care of your current earnings, but also guarantees an earning for the future. What's more, you can set your own income targets with a potential to earn as much as you want for the rest of your life. 4. Independence  As an Agent, you will be a true entrepreneur. You have the freedom to be your own boss: work for yourse
Read more