Benefits of becoming a Life Advisor for Self-employed:
Additional source of Income
Professional association with the leading brand
Leverage your existing network
Get recognized across Regional, National & Global forums
Benefits of becoming a Life Advisor for Students:
An opportunity to earn while you learn
Multiple employment avenues available after the graduation
An opportunity to learn, for your professional and personal growth in an experiential manner
Get recognized across Regional, National & Global forums
Benefits of becoming a Life Advisor for Financial Consultants:
Increase you earning opportunity by expanding your product portfolio
Help your clients by securing their financial future
An opportunity to learn, for your professional and personal growth in an experiential manner
Get recognized across Regional, National & Global forums
What are the mandates for becoming a Life Advisor?
To become a Life Advisor with Max Life Insurance you need to be 18 years old. Besides age, you must have passed 12th grade. You have to attend 40 hours of training program as prescribed by Max Life Insurance (this training have both the options available online & classroom)
What does a Life Advisor do?
Life Advisor helps his client in prioritizing the financial goals, creating a plan for them and helping them to implement the same. This eventually helps in building a secured financial future of the clients.
Role of Life Advisor
A Life Advisor's day-to-day responsibilities also include marketing. Marketing methods are used by successful life advisors to promote new and existing insurance plans. Marketing initiatives are also critical for attracting new clients to your firm.
Their role also entails providing insurance advice, analyzing policy details, processing policy adjustments and renewals, and any other services the client requires. Most importantly, being a Life Advisor necessitates excellent customer service.
Additional Responsibilities of a Life Advisor
There are certain additional responsibilities of a Life Advisor including:
- Learning about new products and services by attending meetings, seminars, and events.
- Calculating premiums and making arrangements for payment.
- Keeping stakeholders updated
- Keeping track of the accounting systems, databases, and records.
- Keeping an eye on insurance claims.
- Ensuring that the customers are satisfied with insurance coverage and if the product meets their expectation
- Maintaining industry knowledge by learning about new products and services on a regular basis.
- Assisting clients in resolving any insurance claims.
- Individualizing insurance programme to meet the needs of each customer.
- Ensuring that all policy requirements are met, including the completion of all necessary forms.
- Assessing the risk associated with a prospective insurance buyer
- Ensuring that all documentation is completed and filed appropriately
Assisting consumers in properly filling out insurance applications in order to serve as a liaison between the customer and the insurance provider.
