the most important and effective sales tools of the sale personal are the premium rate book, which provides detail for the available planes of life insurance cover currently in-force in state life and their premium rates.
A thorough grasp of the text of the client and then suggest to them the most suitable cover(s) to fulfill their needs(s).
this technique in selling will result in the increase of satisfied policyholder in their clientele who will be a great source of publicity for them and for their organization.
however satisfied client may be at the time of taking a policy, he needs to be constantly serviced thereafter through personal contact by the sales representative concerned, for, besides changes required in existing policy, his needs of insurance may also be change with the change in his status and other environments.
a regular contact with the policyholder, not only help in maintaining good persistency of business but also in getting more new business form him and through him form his relatives, friends, and acquaintances.
we are confident that with the skill, knowledge, and training imparted to our sales person for effective pre and post-sale services. they will keep their own as well as corporation s image high in the eyes of ensuring public and thereby achieve a job- satisfaction of higher order.
in this edition, we have extended the family income benefits rider(FIB)premium rates form maturity age 60 to 65
1-the premium rates given in this book are applicable to all new life insurance policies issued by the corporation.
2-the rate is the basic annual rates for RS1000/ sum assured unless mentioned.
3-for the policy of sum assured 3,00,000and above sum assured, the basic annual premium per thousand sum assured will be reduced 50 paisa.
4- if the mode of premium payment is other then yearly.
description and premium rates
supplementary contract/ riders