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Insurance by Choice not by Chance !

Agents should be allowed to sell policies of multiple Life Insurance companies

Agents should be allowed to sell policies of multiple Life Insurance companies
Posted Sun, 08/03/2008 - 13:09

Are you a Life Insurance agent? If yes- in all probability you are already selling policies of multiple companies. The easy way out that most agents adopt is to have agencies in names of friends and relatives- so are you also doing this or are you are just selling policies from a single company?

Do you think you can sustain yourself in a competitive market by selling Insurance policies of just one company? What happens when the customer wants to compare policies and then choose?

Do you think its time that IRDA rethinks about its rule or is there an opportunity in finding customers who want policies from the Insurer you represent?

Comments

yes, it should be allowed.

Sat, 08/30/2008 - 23:04 — vikramjeet

yes, it should be allowed. today or tommorrow it will happened. it help agent to give best plan to his customers. however it may give tool to inefficient agents to get sucess in insurance sector.

vikramjeet gupta

An agent who needs the

Tue, 08/05/2008 - 02:27 — Manu Varma (not verified)

An agent who needs the support of different insurers to get business is not loyal to his organisation. Hence s/he is not reliable and not trustworthy. He is an opportunist. Besides s/he is violating the law of the land therefore is also a criminal.

Manu, Very strong emotions

Tue, 08/05/2008 - 10:36 — admin

Manu,
Very strong emotions indeed. But if we leave the concept of loyalty aside & just discuss the pros & cons- do you think it would help an agent's business if he is allowed to source policies from multiple organisations?
Or you think it will be detrimental to this very important channel for Life Insurance industry.