You must choose a life assurance policy. If your finances allow, you want to also get insurance also as home insurance. this manner you’d be ready to save yourself from any sudden financial crisis. However, you would like the simplest of persons when it involves an insurance advisor. during this article, we’ll take you thru five steps to rent the simplest LIC advisor in Delhi.
1. Always prefer a licensed advisor
Your insurance advisor must have proper certification from the Insurance Regulatory and Development Authority (IRDA). This proves that he/she isn’t there to trick you or fraud you. Moreover, the rules laid down by this agency confirm that you simply are protected on all fronts. If an individual isn’t certified by IRDA, legally he’s not entitled to advise people on insurance. He may find yourself in jail. Therefore, before selecting an agent, confirm that he/she has all the required certifications.
2. He must be through with investment solutions
You must understand that insurance agents are far more than simply a salesman. they need to have a correct understanding of monetary planning. they ought to be equipped with all the required information about the financial world, both domestic also as globally. More importantly, your LIC advisor should have a correct understanding of your family and financial standing. this manner he would be ready to suggest you the simplest insurance for you. it’s advised that you simply should first develop an honest friendship with the advisor and only then allow him to enter your financial realm.
3. He must have an entire understanding of the merchandise he wants to sell
The insurance advisor must have a radical knowledge of all the insurance policies that his/her company sells. you ought to sit down and have an extended conversation with him about the pros and cons of varied policies. you want to understand that each insurance firm sells a hell lot of policies. Not all policies are meant for you. Your insurance advisor must suggest you the simplest policy for yourself after understanding your family and finances.
4. Does the follow-up?
He/she may be a cheap insurance advisor if he/she forgets you after you’ve got bought the policy . this is often not what a responsible advisor does. Even after you’ve got bought the policy, you’ll have a hell lot of inquiries to be answered. He/she must update you about the merchandise premium and every one the required details to form the simplest of your insurance.
5. He must assist you while fulfilling your claim
When a claim arises, an advisor plays a really important role. he’s the only contact person between the insurance provider and therefore the policyholder. He must understand all the formalities that require to be fulfilled for a successful claim. If your claim is denied there was no point in choosing that policy . an honest insurance advisor will stand by you once you need him/her the foremost .