Role of Insurance Agent

Role of insurance agent or insurance broker(http://www.getmeinsure.com/india-insurance/life-insurance/role-of-insurance-agent-or-insurance-broker/)

Insurance agents and brokers play an important role in marketing life insurance policies. They are the face of the insurance company.Most of the insurance policies world over are sold by insurance agents and brokers.

From the insurance company point of they are the marketing and selling agents for their insurance plans.

The following are the basic function they should perform.

Provide all the necessary application forms.

Submit application forms to the company.

Arrange for all the medical tests and related formalities.

Provide reminders premiums payments and return receipts.

Should help you make necesary changes in address ,nomination etc.

Help in the process of assignment

Assist you for any loan applications and related formalities

Should help you revive lapsed policies

Assist in claiming death benefits, if required

Roles and Responsibilities of an Insurance Agent(http://www.medindia.net/patients/insurance/insurance-agent-roles-and-responsibilities.htm)

In an insurance industry, the insurance agent possesses multi-faceted roles to play as enlisted below:

 The insurance agent helps in promoting and selling of insurance products and services to its customers.

 Giving sound financial advisory services and customer support to the clients 

 Needs to deal with not only individuals but their families and corporate businesses too.

 Needs to have good relationship including good rapport with his/her existing and prospective clients

 General awareness about the markets

 Promotion of insurance brands needs to have a carefully drawn roadmap.

 Marketing strategies needs to be drawn and re-drawn from time to time, keeping in mind the customer preferences.

 Well-planned strategies and plans needs to be chalked out.

 Public-relation (PR) building exercise should be given significant...