Hi,
It has been always observed that once you join in Agency Channel, after particular point of time, you stop growing, professorially.
The candidates who join at the sourcing level, it takes maore than 7 to 8 years fime span to for them to reach the non-sourcing level.
It is because of the various levels introduced by the Smart HR. You have to cross minimum 4 to 5 levels to reach non-suorcing level. Despite of reaching non sourcing leve alss, you still source the business by doing various joint calls.
The Agency Channel, being so competitive the percentage of candidate attaining non-sourcing role is only 7 percent. Many of the candidate miss the promotion just by four to five policies. Some times even companies play smart by increasing or revising the criterion when the number of candidate achieving the promotion is on higher side, so that can still filter some more candidates. One leading company is has literally stoped promoting high performers in sourcing candidate,the reasons being, if they promote them in Managerial Role wherein no direct sourcing is involved,the business which is coming from them will be stopped.
One of the alternative is open to Agency Channel candidate is to join Health Insurance companies. For instance Religare Health Insurance, Max Bupa Life Insurance are the excellent companies to work for.
The Profile in Agency Channel is also simple. You do not have to do fresh recruitment and licencing. All you have to do is get the advisers who are already having licence, one day training to get code and they can start doing the business on the same license as the advisers are allowed to sell any one health insursnce company`s product on the same licence.
The Advantage here is the advisers are already having the customer base of their won to whoom they have already sold Life Insurance polices. They can sell them the Health Insurance Plan. Each and every one in the family requires the the Mediclaim as the medical expenditures is very high when you get in to the health trap.
The Industry is also on the take off stage, and those who have already done good work in Life Insurance Agency Channel can look at it good prospective option as the growth is relatively faster now in health insurance as compare to life insurance
Please feel free to comment.
Rita
Contact Rita: 022 67932149
Email;ritagrandforum@gmail.com
Website:grandforumindia.com
Increasing your customers in the insurance plan enterprise just isn't quick, as a lot of people are usually hesitant associated with insurance plan. They be aware that they require and are also needed to buy, much like their arrangement to have a insurance News or the required demands from financing organizations, banking institutions and also mortgage corporations. Still they will pause and even get unpleasant almost like the actual insurance agent is someone the actual bad co-conspirator for the insurance plan principles?
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