Pravin S Umar

How the role of a Insurance Officer has changed over the years and what it will be like in the future?

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by Pravin S Umar
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RE: How the role of a Insurance Officer has changed over the years and what it will be like in the future?

Vaibhav Bhutra
Vaibhav Bhutra
Verified Career Expert
Career Counselor/ Director at Educomp Vidyamandir Classes
  • Surat

Hi


Greetings of the day!!!!
Insurance Officer


Insurance is one of the most heard name in today times but with very little knowledge about it. Insurance is very commonly used word but still lot of people do not know what is insurance and what are the cost and benefits of insurance.

Today insurance are of many types, some of the common types of insurance are :

  • Life Insurance
  • Travel Insurance
  • Medical Insurance
  • Fire Insurance
  • property Insurance
  • Many more

As we can see above there are many types of insurance available and thus it leads to increased need of diverse function one has to fulfill as a insurance officer

The Most common of them is a life insurance but over the last few years there has been considerably high number of products launched by various companies making customer search for the best options and best value for money.

With the increased competition and awareness by customers, they want to know lot of things before they buy any product of insurance.

In old days insurance was purchased for Security but now insurance are also seen as a investment avenue and tax planning thus a insurance adviser has to be quite confident to list and explain various benefits of various schemes of insurance

In the recent days there has been increased regulations by IRDA for insurance adviser and insurance industry to stop mis selling of insurance which use to be prominent in insurance in the past.

Thus in future insurance would a challenging career and it would be rewarding if your are serious and result oriented.

All the best!!!


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