PPT BINDAL

7/31/2019 PPT BINDAL

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PROJECT REPORT

ON

RELIANCE LIFE INSURANCE


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INTRODUCTION

INDUSTRY PROFILE

DISTRIBUTION OF CHANNELS STRATEGIES INVOLVED

CAREER PATH OF RELIANCE LIFE

ADVISOR CONCLUSION


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The business of insurance is related to the

protection of economic values of assets.

The assets would have been created through theefforts of the owner, in the expectation that,

either through the income generated there from

or some other output, some of his needs would

be met.

Insurance plays a major role in different

perspective. For economic development,


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All organization face changes in their

environment with resultant changes in their

markets and in the ability to satisfy their markets.

Each organization is faced with new marketing

problems and opportunities in their existing andpotential market.


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MISSION

Become one of the top life insurance companies

Become a national playerdominant in part of India

Be the brand of first choice among all stake holders

Become the employer of choice.


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Knowledge:

It constitutes expertise and our expertise is inhelping people protect themselves.

Caring:

Reliance Life is redefining the life insurance

paradigm to focus on the needs of customers.


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The service process is responsive, personalized,

humane and empathetic.


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Personal observation

This method is uniquely personal. It permits you to apply your

own standards and exercise your own judgment.

Newspaper advertisement

Newspaper advertising created considerable activity. It is one

of the fastest ways to get name and talk people seeking a

change in employment


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Direct Mail

Mass mailing is a system if used can be a very successful tool.

One system is to send letters with reply cards on a regular basis

especially to centers of influence.


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105 Hours of training

Class Room Training

IRDA Exam

Product Training

Issue of License


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CLUSTER HEAD

AREA MANAGER

BRANCH MANAGER

BRANCH DEVLOPMENT MANAGER

ASSISTANT BRANCH MANAGER

ADVISOR

EXECUTIVE SALES MANAGER

SENIOR SALES MANAGER

SALES MANAGER


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DISTRIBUTION ENHANCEMENTis the process ofrecruiting potential advisor for the company through aninsurance sector works. Every company whether it is aLIC, a public sector player or RELIANCE, MNYL, ICICI

prudential etc, private sector players which work throughthem only.

They are the people through which an insurancecompany gets their most of the work and profits. Thereare different forms in which a channel can be developed

like:-

Agency

Banc assurance

Alternative channel


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THANK YOU

PPT BINDAL

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