I would suggest if the insurance comission for all the insurance products are same then the insurance sales person don't push one product. I know it is difficult but to me this is the answer.
I would suggest if the insurance comission for all the insurance products are same then the insurance sales person don't push one product. I know it is difficult but to me this is the answer.
How can you fix same insurance commission for all the products? Every product has its own risk coverage, terms and underwriting rules.Originally Posted by Nilesh
I am asking for similar products like term, ulip etc.
When your bread and butter comes from the commission, you use are sort of methods to earn more. It's also the duty of the buyer to check what he is buying and when IRDA also providing him various methods like free look period and ombudsmen etc. use them if wrong product sold to him.
I am not agree with your views. It is saying like - 'builder build a building with only sand and no cement to earn more'. Sales person is not doing the justification with the job for which he is hired. Sales person has to take proposer profile and goals in mind and advise him the best product to suit his need.
* SAFE
Self Appointed Financial Expert
When to take advice from Financial Adviser?
1. Doesn't have time to research the market
2. Understands that cheapest is not best value
3. Not able to understand the insurance terminology
4. Will buy the cheapest brand they recognise
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