FIND YOUR ICICI PRUDENTIAL LIFE INSURANCE POLICY DETAILS BY SMS

Yes you can find your icici prudential life insurance policy status , net asset value etc by SMS.
For using this service first register your mobile number by this method
Mobile Number Registration: To register your mobile number in icici prudential records,
SMS REG (8 digit policy number 00XXXXXX) (Policy Owners DOB in DDMMYYYY format) to 56767
After registration you may get policy status by this method
Policy Status: To get the status of a policy and also the next due date for the premium,
SMS PST (8 digit policy number 00XXXXXX) to 56767
For finding net asset value (NAV)
Net Asset Value: To get the NAV value and also total fund value for a ULIP policy,
SMS NAV (8 digit policy number 00XXXXXX) to 56767
For more details
SMS Helpline Alerts: To get the list of SMS Helpline Alerts available,
SMS SRV to 56767

HOW TO BECOME A MILLIONAIRE INSURANCE AGENT PART 2

This is the part 2 of this series if you are new in this blog then please first read part 1 of this series
CLICK HERE TO READ PART 1 OF THIS ARTICLE

Today we give you 2 more tips to boost your insurance business
1.I meet so many insurance agent in my life and now I say clearly that “75 % of that agent have no any knowledge of there plans and business they look like a foolish when they open there ready reckoner to reply my questions just read my real conversation with one LIC agent
Agent: - hello sir I think you may need a LIC policy?
Me:- welcome sir, yes I defiantly need one but I not like ULIP so what is best child plan for my 5 year boy?
Agent: - sir, forget child plan ULIP is best product these day…
Me:- no no sir... I only need child plan. How many child plans have LIC? Which plan has fewer premiums?
Agent:- ok sir let me see ( he open his ready reckoner and read it 10 minutes sorry sir I think you may check LIC website for your need or I ask my manager for it..
So after read above conversation you may clear that LIC selling is not an easy job. if you want to get success you may update with all plan of your company so my mantra for you is “ UPDATE YOUR KNOWLADGE WITH ALL PLAN OF YOUR COMPANY not to advice someone foolishly first check his need then advice him right plan
2. ALSO UPDATE YOUR KNOWLADGE WITH OTHER COMPANIES PLANS... which are your competitors because one agent offer me ULIP of SBI then I say him some benefit of HDFC STANDERD LIFE CREST ULIP and I wonder that he agree with me. Instead of this, good agents who already study negative points of HDFC STANDERD LIFE CREST ULIP surely try to cut my points instead to admit defeat.
to be continued.......in part 3

HDFC STANDERD LIFE CREST ( NEW ULIP)

1.HDFC Standard Life launched his new Unit Linked Insurance Plan (ULIP) with name of HDFC Standard Life Crest
2. I think you remember that IRDA decalare new regulations for ULIP so this new plan of HDFC is in line with the new IRDA regulations.
3.HDFC Standard Life Crest has a 30-day free look-in period (usually ULIP have 15 days free look in period).
4. investors of HDFC Standard Life Crest plan also have a choice will be given to switch over to an alternative product offering from HDFC standerd life insurance within a year at a nominal additional cost.
6 HDFC Standard Life Crest plan offer minimum guaranteed NAV of Rs. 15 at maturity .
7. HDFC Standard Life Crest can be taken by filling Short Medical Questionnaire,.
8.Tax benefits are offered under section 80C and 10(10D) of the Income Tax Act, 1961
9. for more details please visit company website in following link
http://www.hdfcinsurance.com/products/SavingsPlans/HDFCSLCrest.aspx

IRDA NEW REGULATIONS FOR ULIP

1.IRDA make new rules for Unit-Linked Insurance Plans (ULIPs) coming into effect from September 1, 2010.
2. IRDA try to make ULIPs more investor friendly, the insurance regulator has directed the insurance conpanies to reduce charges and consequently improve return for policyholders.
3.IRDA also attempted to distinguish ULIPs from mutual funds by forcing insurance conpanies to incorporate life cover that is at least 10 times the premium.
4.To sustain the lower charges, insurance conpanies have been forced to halve commissions and cut expenses.
5. the insurers cannot be modified existing products to make them compliant.
6. All insurance conpanies have been asked to file completely new products with fresh unique product identification number from IRDA.
7.The regulations seek not only to redesign the product but also change the operational model as the existing cost structures .
8. so next month you see newly designed ULIP’s but I think market is up and investor always avoid ULIP’s as investments tools

key words;-ULIP NEW PLANS IRDA RULE

HOW TO BECOME A MILLIONAIRE INSURANCE AGENT PART 1

We start this series for insurance agent and you wonder that in my family and near relationship no one is an insurance agent but some of my friends like shri rohit bist, shri mahender singh ji, shri mahesh dan ji is insurance agent so I start this series to give my ideas to insurance agent for increase their business this is the part I of this series.
1.Fisrst of all try to make powerful your sun planet because god sun make your personality powerful and if your sun is powerful than anybody believe your advice so it is necessary to all insurance agent that they give a pot of water to god sun everyday with mantra of “ om suryay namah”. It will take your 2 minutes daily but see result in 1 month.
2. second step: - you remember that man is a habit to follow others (in Hindi called bhedchal) so always make a photocopy of final payment of your client (it is not necessary that this person is your client you may collect this letters or details by your insurance company office) and now discuss this payments to your friends and your targeted person. It will make this person greedy and grow a seed of insurance thinking in his mind. (please not to use death claim for this purpose because no one think that they die any day and this is the main cause that generally they unlike endowment plans )
3. For example if any person have an endowment policy of 20 year and he pay 136 monthly premium then I think his maturity payment is near 60000 if you tell anyone about this her mind be greedy and he think that 136 monthly is not a big amount but he think 60000 is a big amount, but not to say him that he make a policy just wait after a few meetings and few more examples he automatic say you that “sir what is best insurance plan for me?”
4. We will continue this article, but this is time to take a break in this break you may try these two concepts and wait next parts of this article on this blog. Please do not forget to tell us your comments.