Impact of Financial Benefits on the Efficacy of Life Insurance Advisors

Girish Kumar Shukla; Dr. Manasranjan Dasmishra; Dr. Hitendra Bargal

Volume : VIII, Issue : VIII, August - 2018

Impact of Financial Benefits on the Efficacy of Life Insurance Advisors

Girish Kumar Shukla, Dr. Manasranjan Dasmishra, Dr. Hitendra Bargal

Abstract :

The efficacy of insurance advisors in the business has become the focal point either to develop or maintain stability as the insurance sectors are trying to deliver all the services at the customers’ doorstep. The concept of the entire insurance system is redefined by the intense competition in the insurance sector. The insurance sectors are today looking for new methods not only to attract but also to retain the insurance advisors and gain in–depth competitive advantage over their competitors. Like other business organizations every insurance industry is now positioning innovative sales techniques and advanced marketing tools to remain nonpareil in the field. In this paper, the researcher has attempted to examine the impact of financial benefits on efficacy of insurance advisors.