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Life Insurance Advisor

A life insurance advisor helps individuals and families choose the right life insurance policy to meet their financial goals and insurance needs. They provide guidance on various insurance products, assess risk tolerance, and assist with the claim process. ...Read More

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What is a Life Insurance Advisor?

A life insurance agent sells insurance products on behalf of the insurance company for which he works. Insurance advisors are trained professionals who guide businesses and individuals about their insurance needs and options and help them make informed decisions. They offer various insurance-related services and make the insurance buying and claim settlement processes seamless.

A life insurance agent knows all the insurance policies and guides his customers in choosing the plan that aligns with their affordability, risk tolerance, and future goals.

 

How Do Life Insurance Advisors Make a Real Impact?

Life insurance advisors make a real impact in helping you buy the right insurance plan. They understand your financial needs and advise you accordingly. They lead your family towards financial security by providing:

Personalised Guidance

Personalised Guidance

An insurance advisor is an expert in the field and knows all the products. He understands your requirements and suggests the right product which fits your budget and goals. Customer satisfaction is their primary goal, and the advisors customise a plan to suit your needs. 

...Read More

Goals-Based Planning

Goals-Based Planning

Life insurance plays an important role in financial planning. Goals-based insurance planning serves the purpose better and ensures your family’s financial stability. An advisor life insurance helps clients choose plans for various milestones such as education, retirement, and becoming debt-free. 

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Claim Assistance

Claim Assistance

Insurance agents assist their clients through the claim process. They help them fill out the prescribed claim forms, submit necessary documents, and interact with the insurance company.

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Who Should Consider Becoming a Life Insurance Advisor?

Anyone aspiring for a good career or needing to supplement their income can consider becoming a life insurance advisor. Self-employed individuals, housewives, a financial professional, businessmen, etc., are eligible candidates provided they fulfil the following criteria:

  • The aspirants should be 18 years and above.

  • They should be 10th Standard Pass.

  • Should complete the mandatory training programme. The programme covers insurance products, insurance sales techniques, and regulatory compliance. 

  • The candidates should complete the IRDAI certification exam to obtain the state license to sell insurance products.

Why Choose HDFC Life as a Life Insurance Advisor?

By choosing HDFC Life as a life insurance advisor, you will be associated with a reputed brand and gain access to world-class training. Other reasons apart from this, to choose HDFC Life are:

  • Flexible working hours and the option to work from anywhere. 

  • You will be a part of a dynamic sales team equipped with state-of-the-art digital tools.

  • You can book appointments across the world, communicate effectively with clients, interact with customers, explain products to them, and track commissions with digital tools. 

  • You can participate in team building activities and expand your network.

  • Unlock leadership opportunities with consistent performance to guide and inspire your team. 

  • You are assured of career growth and attractive incentives as you progress.

Steps to Start Your Life Insurance Advisor Journey

The steps to start your life insurance agent journey are:

1
1

Fill Out An Application

Fill out an online application on the insurance company’s website to register.

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2
2

Follow the Documentation Process

Submit the required documents such as address proof, education proof, age proof, PAN, and passport-size photographs.

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3
3

Complete the Training Program

Complete the mandatory training program. The program covers topics on insurance products, regulatory guidelines and their compliance, sales techniques, preparing you for the IRDAI certificate exam.

...Read More

4
4

Complete the IRDAI Exam

Complete the online exam to obtain the IRDAI certificate and license to sell insurance products.

...Read More

5
5

Appointment Letter

After undergoing the in-house orientation programme, you receive an appointment letter to work for the insurance company.

...Read More

Myths vs. Reality: The Truth About Life Insurance Advisory

Life insurance is a powerful financial tool that secures your family financially in your absence. However, the myths about life insurance confuse and deprive people of the benefits. Some of the myths debunked about life insurance are:

  • Life Insurance Benefits Surface Only On The Death of The Policyholder

  • This is a myth embedded in people’s minds that prevents them from investing in one. However, some plans provide maturity benefits, have both investment as well as life cover components, loan facilities, and waiver of premium riders.

  • Only Elders Need Life Insurance

  • Life is unpredictable and does not spare young individuals. Unforeseen medical emergencies, accidents, natural calamities, etc., do not target only the aged. Investing in life insurance when young provides larger cover for an affordable premium with a longer term. Choosing a plan with an investment option for an extended period creates a substantial corpus.

  • Only Earning Members Need a Life Insurance Policy

  • Housewives contribute to a great extent to the family by managing household chores, taking care of children, etc.  Their absence can create a financial void, as you have to invest in domestic help. Life insurance provides financial safety for loved ones, irrespective of whether they are earning members or not.

Success Stories of our DigiFCs

Here are some stories of successful insurance agents:

Sivaramakrishnan A N-Consultant

Be your own Boss! With no up-front monetary Investment. DigiFC is the answer!

Paul Thekkekara-Consultant

Partnering with DigiFC, HDFC Life has been a transformative decision for me.

Shweta Dubey-Consultant

I had a positive experience and helped me for personal and professional growth.

Jordan Alfred Andrades-Consultant

The decision to join DigiFC - HDFC Life has been a game-changer for me.

FAQS on Life Insurance Advisor

1 What is an agent in life insurance?

An advisor life insurance is a mediator between the customer and the life insurance company. He guides the clients in choosing insurance policies to suit their needs and financial goals. He sells insurance products on behalf of the insurer.

2 What is the commission for a life insurance advisor?

A life insurance agent earns a commission on the premiums he collects for the insurance company. It depends on the company, the type of policy, and the sales.

3 What is the qualification of a life insurance advisor?

The minimum qualification of a life insurance advisor is 10th Standard Pass.

4 How do insurance agents get clients?

Networking is the primary avenue for insurance agents to get clients. Referrals are also a great way of building clientele. Digital presence, lead sharing with professionals who are not competitors, and professional partnerships are ways to build the network.

ARN - DM/04/25/23134