Development of Insurance Companies in Indonesia

Over the past few years, the development of insurance in Indonesia has shown quite good progress. Insurance companies are showing growth in their businesses, which is getting more and more customers using insurance services in their lives.

Public awareness of the importance of a protection against various risks that can occur and happen to them at any time is one cause of the high number of insurance users lately. This of course becomes a distinct advantage for insurance companies that provide insurance services, where the broader the market can be processed and used as a target sales of their products.

Development of Insurance Companies in Indonesia

In accordance with the development of the times, insurance is also experiencing rapid development and better every day. In addition to improving services to its customers, insurance companies also conduct a variety of businesses to be able to continue to expand and promote the business they run so far. One of the steps taken is to issue new and more innovative products for its customers.

Currently, insurance products are not only limited to types of life insurance and health insurance, because basically these two products are the most widely used by the public. In its development, the insurance company also issued a variety of products that can be selected and used in accordance with the needs of the customers concerned. This is so that more customers are using insurance services and more sales can be created.

There are many types of insurance products that can be selected by customers of insurance users, including: health insurance, education fund insurance, pension insurance, car insurance, property insurance, and various other types of insurance. With the number of products issued by insurance companies, there will be many options and also considerations that can be taken by customers who will use the insurance. It also creates a good aroma of competition among insurance service providers, where they will certainly compete to provide the best service in their products.


 

Development of Insurance in Indonesia

Based on data released by the Indonesian Financial Services Authority (OJK), it is known that the development of insurance industry in Indonesia has a significant role in supporting the national development process. This is seen from the contribution of insurance companies in cultivating long-term funds in large amounts, which are then used as funds in development undertaken by the government.

In the services provided by insurance companies, communities also receive support in the form of protection against risks and also losses that could befall them at times, especially when they are running their business. This shows how the development of insurance also has a significant role in economic growth and development that occurred lately.

A better understanding of the importance of insurance coverage is also a matter of affecting progress in the insurance business itself. When people's trust in a product has been created, it will be easier to develop and sell the product. This is what happens in the insurance business, where more and more people want a guarantee / protection against the various risks they will face in the future.

The development of the insurance industry can be seen during the last four years, precisely in 2011 to 2014, where the assets of the conventional insurance industry experienced an average growth of more than 16%. This is also evident from the average growth occurring in the value of investments and premiums which increased respectively by 14.4% and also 21.0%, as disclosed by IKNB Chief Executive Superintendent Firdaus Djaelani in the Insurance Outlook 2016 seminar at Jakarta.

The data shows the positive growth that occurred in the insurance business. While in 2015, assets and investments conventional insurance industry until the end of September showed the figure to reach Rp765, 6 trillion and Rp608, 6 trillion. If we compare it with the position that occurred until the end of 2014, the assets of the insurance industry has a growth of 1.36%, while investment decreased by 0.24%, this is due to the turmoil that occurred in some investment instruments at some time ago .

On the other hand, the growth that occurred in insurance premiums until September 2015 also experienced a quite satisfactory increase of 17.1%. When compared to growth in August 2015, this number increased by 11.9% from the same position in the previous year. The increase in premiums is contributed the most by life insurance companies, followed by social insurance premiums and general insurance premiums.

 

List of Insurance Companies in Indonesia

Like other industries, the insurance industry in Indonesia also has a number of rules as well as legislation issued by the government. This is done to protect all rights and also the obligations of the wider community who will act as consumers in an insurance service. The government has a variety of regulations that regulate everything that concerns the insurance industry.

The number of companies engaged in the insurance business shows the high opportunities that exist in the business. But it also has a good enough effect for the wider community, where they end up with a lot of options and can get the most suitable insurance services for their individual needs. Broadly speaking, insurance in Indonesia can be divided into 2 types, namely:

 

1. Conventional Insurance

Conventional insurance is run by applying various modern business policies in it, it is related to the calculation and also various lines of business run by the company. In general, this type of insurance is the most widely used by the public, because basically conventional insurance is the type of insurance that was first introduced to the public.

That way, it can be ascertained if the number of insurance companies that run businesses in conventional types of insurance will be much more when compared with the number of insurance companies that have sharia principles.

Based on data released as of December 31, 2015, it is known that the list of General Insurance Companies, Life Insurance, Reinsurance, Compulsory Insurance and Social Insurance are as follows:

1. General Insurance as many as 76 companies
2. Life Insurance as many as 50 companies
3. Reinsurance of 6 companies
4. Mandatory Insurance of 3 companies
5. Social Insurance as much as 2 companies

2. Sharia Insurance

Sharia insurance is an insurance company service that is run by using sharia principles, where in all calculations and also various fees charged in it will be done by following the principles based on sharia rules.

All rules and policies in the Takaful shall be stipulated in accordance with the decision taken by the Sharia Council of Indonesia, in which it is done to guarantee the halal as well as the feasibility of various matters carried out within the insurance company in accordance with the teachings of Islam. Takaful is run on the principle of profit sharing, which will be applied in accordance with the syariah.

Within Takaful, risk is not transferred to the insurer, but will be shared equally among the insurance customers. The development of sharia insurance in Indonesia shows the number increase from year to year, until December 31, 2015 lists of General Insurance Companies, Life Insurance and Reinsurance with the principles of sharia are as follows:

1. General Insurance of sharia business unit as many as 25 companies
2. Sharia full general insurance as many as 3 companies
3. Asuransi Jiwa Syariah Business Unit as many as 19 Companies
4. Full Sharia Life Insurance as many as 5 companies
5. Reinsurance of Sharia Business Unit as many as 3 companies
6. Insurance Provides Security and Convenience

The data above shows how insurance growth in Indonesia should be appreciated, as this will affect both the development financing sector and also the protection services sectors that the general public enjoys in running their businesses. Do not hesitate to use the insurance in accordance with your needs because the insurance provides security and comfort in undergoing all activities.

Read More

Here Astra Insurance strategy to attract customers

Lack of market conditions on motor vehicle sales may also drag the premium income of automotive insurance products this year.

Although this is a challenge, one of the insurance players, PT Asuransi Astra Buana (Asuransi Astra) remains optimistic to get a sleek performance this year. Astra Insurance CEO Rudy Chen said it is continuing to develop the digitalization business that has been started since last year. Understandably, the rapid development of technology is the reason for the company to follow this trend.

"Digital business is quite potential, let alone the people today are doing everything with technology," Rudy said in the Sharing CEO event, Monday (31/7).

Gunawan Salim, Chief Marketing Officer of Astra Insurance, said it has a special strategy to attract more customers. One of them is by maintaining good relations with all relations. Furthermore, according to Gunawan this is a very effective way executed so as to increase the premium coffers of the company.

"Both with a dealer, leasing company and so on we have to be friends and build good relationships. Useless there is a new product promo for example or offer a certain product bundling but if the relationship is not good useless, "he said.

For that, Gunawan assess this effective strategy run by Astra Insurance. However, regarding this year's target has not been exposed in detail.

Read More

Understanding Indonesian Insurance

Definition of insurance

In general, the definition or definition of insurance is a way to move risk by paying a sum of money or premiums to the insurance company.

Insurance is different from social activities and generally the amount of premium (risk transfer costs) is much smaller than the amount of compensation / compensation to be provided by the insurance company. In running its business, the insurance company does follow the principle of the law of large number (law of large numbers). This means that insurance companies can operate because they collect similar risks. The greater the amount of similar risks taken over, the transfer fee will be cheaper.

Basic Principles of Insurance

In addition there are some other basic principles of insurance, namely:

   Insurable interest means that a person can insure because he has a legal right to the object to be insured. The person pays the premium, because it has an interest in the event of a loss.

   Utmost good faith requires the disclosure of material facts to objects that will be insured either by the Insurer or the Insured. There must be a principle of confidence from both parties before, during, and in the event of a claim.

   Proxima Causa means the insurance will only give compensation / compensation, if the cause of the loss is guaranteed by the insurance.

   Indemnitas means insurance will provide compensation for losses suffered. The principle of indemnity is not applied specifically to life-related insurance. There are several explanations for this indemnity principle:

   The contribution of the insurance program can be guaranteed by some insurers and when there is a loss, then that guarantee will pay compensation proportionally.

   Subrogation of the obligations of the insurance company to pay compensation, making the insurance company also entitled to sue the other party causing the loss.

Term Insurance

To understand more about insurance, there are some terms that must be known, namely:

Insurers are insurance companies that have insurance products

Insured is the name for the buyer or user insurance

Policy is a document that contains insurance contracts where in the policy there is some information on how much premium, claims, coverage period agreed between the insurer and the insured on the stamp duty. In micro insurance the policy is called a voucher / certificate

Premium is the amount of fees or dues that must be paid by insurance buyers or insurance users. In micro insurance contributions

Claim is the amount of compensation / loss or compensation as a result of the risk guaranteed by the insurance company. In micro insurance compensation

The period of coverage is an agreed period of time over the life of the insurance

Terms and conditions in insurance are the various provisions that must be obeyed by both parties (both the insured and the insurer) during the period of valid insurance

The claim / compensation document consists of several documents which must be submitted at the time of claim filed for a change of compensation / loss or compensation

The competent authorities shall be parties to the legalization of a directive

This type of insurance is the kind of coverage that is sold in the community

Type of Insurance

The type of insurance that we generally get in practice is divided into 2

Life Insurance is an insurance concerning the human soul which can generally be in the form of: Personal accident insurance, health insurance, life insurance (terms assurance, Endowment Assurance, Whole life assurance) and funeral insurance

General or Non-life Insurance, generally in the form of insurance amount of money to compensate the losses suffered by the Insured Personself (personal accident and health insurance) and funeral insurance in case of accidental death) and insurance related to property and business such as fire insurance , Vehicles, shipping, aviation, transportation, development, money, agriculture, livestock and fishing

In addition to the two groups of insurance, it can also be distinguished about the system used by insurance companies both the soul and the public, that is with conventional system or pattern or sharia pattern, where the sharia system insurance companies become a fund management and after the period will be the pattern of profit sharing In accordance with the agreement (akad) used.

Insurance programs for various activities eg:

1. Plant construction insurance is known as the insurance contractor All risks Insurance
2. Insurance installation of the machine in the factory known as the insurance Erection All Risks insurance
3. Insurance for computers and other electronic devices known as "Electrical Equipment Insurance"
4. Insurance for engine damage known insurance "Machinery breakdown"
5. Insurance for the risk of demolition (not loss) because there must be a violent unsus called insurance "Burglary"
6. Cargo insurance is called "Cargo insurance", land, sea and air transport
7. Insurance related to cash in safe, cash in cashier box and cash in transit insurance,
8. Special insurance for buildings in the market or building market itself, in Indonesia known special risk consortium insurance (KARK)
9. Heavy equipment insurance and heavy equipment or heavy equipment are called Contractor Plant and Machinery insurance.
10. Insurance for ships and aircraft is called Hull insurance and Aviation insurance.
11. Other conventional insurance can be made specifically according to the interests of the insured (tailor made).

Read More

Prudential Unitlink Insurance

Prudential Unitlink Insurance

One of unitlink education insurance product that I take from Prudential is Prulink Edu Protection. Prulink Edu Protection is a Life Insurance product package associated with investment (unitlink) from PT Prudential Life Assurance (Prudential Indonesia). The premium you pay provides protection (protection) benefits and investment benefits in the form of cash value.

Prudential Unitlink Insurance

 

Prulink Edu Protection's product package will provide protection benefits for parents and children altogether in a comprehensive policy, monthly money benefit until your child is 18 or 25 years old and can provide potential benefits from existing investment returns. The investment yield is called potential because there is a chance of rising or falling, and the yield of this investment is not guaranteed.

The main benefits of Prulink Edu Protection are:

1. Prulink Assurance Account (PAA) or the death benefit, ie the benefit of sum assured obtained if the main insured (the child) dies or suffers total permanent disability during the insurance coverage period.
2. Pru Saver, which is an investment benefit whose outcome has potential benefits, can increase, can also be reduced.
3. Pru Parent Payor 33, ie the benefits of premium exemption and periodic premium payment will be continued by Prudential's company until the end of the coverage period, if the parent of the principal insured (father and / or mother) suffers from one of 33 critical conditions Critical condition on the policy), or suffered total permanent disability or death.
4. Pru Edu Protection, which is a monthly financing benefit that will be awarded to the principal insured up to the primary insured age of 18 years or 25 years (in accordance with the agreement in the policy), if the parent of the principal insured (father and / or mother) suffers one of 33 Critical condition (meet criteria table coverage of critical condition on the policy), or experiencing permanent defect or death.

To compensate for the increase in annual inflation, monthly benefits will increase every 3 years at 15% of the monthly benefit at the beginning of this additional insurance period, where payments will be provided if the Insured Income risks as previously mentioned.

See Also: Manulife Endowment Insurance

While the additional benefits of Prulink Edu Protection coverage to choose from are:

1. Prulink Term, an additional coverage that benefits the main insured if the parent (the additional insured) dies before the expiry of the term prulink term
2. Prada Personal Accident Death and Disablement Plus (PADD plus), an additional coverage that benefits the sum insured if the main insured (the child) dies by accident, undergoes emergency treatment (accident only), suffers burns, complex fractures and Permanent disability.

ProGraduate dual-bummedual education insurance, in addition to providing a guarantee of protection against risks that may occur, this insurance also provides cash certainty given on schedule at the age of 18 years to 23 years. Because of the certainty of savings or education funding, this insurance is classified as dual-purpose insurance.

See Also: Case study of Manulife insurance and Prudential insurance.

Education insurance Prulink Edu Protection is one unitlink insurance that contain elements of protection and investment elements. In terms of insurance coverage, unitlink is the same as any other insurance, even the advantage is that we can flexibly choose the protection we want.

But the investment or cash value that will be used as a child's education fund is not guaranteed or it may not be available when needed because the result is not good. Therefore, unitlink education insurance usually is more used to protect the education fund that has been prepared rather than to prepare the education fund itself.

Read More

Manulife Endowment Insurance

Manulife Endowment Insurance

One of Manulife's dual-purpose insurance products is ProGraduate (PG). ProGraduate is an insurance program devoted to assisting parents in preparing education funding for the baby since entering college until your child is 23 years old. Benefits of cash payment as a total education fund of 250% of the sum insured, and the flexible payment period in accordance with the needs of your child's education and your financial condition of 5 years, 10 years and 15 years.
See Also: Case study of Manulife insurance and Prudential insurance.
The main benefits of the ProGraduate dual-benefit insurance are:

1. Benefit of Cash Payments, which is the benefit of education fund provided as a cash payment benefit of 250% (two hundred and fifty percent) of the sum insured, which is granted according to their respective schedule at the age of 18-23 years.

1. The Benefits of Death

• Benefits obtained if the insured dies in the coverage period, which is 150% of the sum insured or Rp300.000.000 or exemption of further premium payments.

• Additional benefits if the insured dies from accidents as follows:

• An additional 50% of Sum Insured shall be granted to the Designated Person if the sum insured is <Rp200.000.000; or

• An additional Rp100,000,000 granted to the Designated Party if sum insured ≥ Rp200,000,000.

 

While the additional benefits of ProGraduate coverage that can be selected are:

1. Accidental Death and Disability Benefit (ADDB), an additional coverage that provides the death benefit and the total fixed or partial disability benefit of the insured caused by the accident.
2. Waiver of Premium (WP), an additional coverage that provides premium waiver benefits until the insured reaches the age of 60 years or until the end of the period of insurance payment, whichever occurs earlier, in the case of permanent total disability of the insured caused by illness or accident.
3. Hospital Benefit Plus (HB Plus), an additional coverage that provides reimbursement benefits for hospital treatment for the treatment of the insured due to illness or accident.
4. Health Safe, an additional coverage that provides reimbursement benefits for the treatment of the insured due to illness or accident, which is equipped with cashless facility to facilitate the process of hospitalization without the need to make cash payments.

Premiums paid by customers include administrative costs, insurance fees, bank commissions and marketing costs (if any).
See Also: How To Quick Closing Prospect Insurance
ProGraduate bilateral education insurance in addition to providing protection against the risks that can occur, this insurance also provides cash certainty given on schedule at the age of 18 years to 23 years. Because of the certainty of savings or education funding, this insurance is classified as dual-purpose insurance.

Read More

Case study of Manulife insurance and Prudential insurance.

Case study of Manulife insurance and Prudential insurance.

 

The number of unitlink education insurance products offered in the community. This makes the public perception of educational insurance the same as unitlink insurance. Whereas Actually there are 2 types of educational insurance that can be taken by the public, namely dual education insurance and insurance unitlink education. Therefore, on this occasion, we will conduct case studies between standard education insurance and unitlink education insurance properly.

Type of Education Insurance: Endowment and Unitlink

There are two types of educational insurance, the first educational insurance is the endowment education insurance (endowment). Dual-life insurance is one of the traditional types of life insurance, meaning that it already exists before unit-link life insurance.

Dual life insurance insurance is a life insurance that provides protection or protection and there are savings in it. Life insurance that is contained in dual-purpose education insurance will provide protection in the form of sum insured if the insured (usually breadwinner) to death or total permanent disability in the insurance coverage period. Then the benefits of savings contained in this dual-purpose education insurance is like a time deposit that has a fixed value and is guaranteed at the time of disbursement. So the amount of money to be disbursed in a certain period of time is definitely in accordance with the written contract.
See Also: Vehicle Insurance Benefits
The second educational insurance is unitlink education insurance. Unitlink education insurance is included non-traditional insurance. Unitlink insurance insurance is a life insurance that there is an element of investment in it. Life insurance that is contained in unitlink education insurance has the same benefits as dual education insurance that is to provide protection. But the element of investment that exist in unitlink education insurance is different from the existing savings in dual-purpose education insurance.
See Also:  How To Apply Vehicle Insurance Claims
Investments in unit-linked investment insurance are not guaranteed, can be larger, may be smaller. So, if the results are not well developed, then the investment money may not be in accordance with the educational plan we want. And there are costs that may be able to reduce the existing investment in unitlink education insurance.


Those are two types of educational insurance that exist in general. We will discuss further the two types of education insurance by using an example. The existing dual-bummedee insurance will use product samples from Manulife Insurance companies and unitlink insurance insurance will use sample products from Prudential Insurance companies.

Read More

Vehicle Insurance Benefits

Vehicle Insurance Benefits

There are several benefits that can be obtained if using vehicle insurance, namely:

1. Providing protection for vehicles against uncertain or unexpected events such as loss due to theft, accidental damage or natural disasters, and so on.
2. Assisting financial planning or management due to costs incurred for vehicle damage.
3. Provides a sense of security for vehicle owners.
4. Obtain additional services such as a 24-hour customer service telephone facility, tow truck facility, replacement car service when the vehicle is in repair process at the workshop, and others

Read More

How To Apply Vehicle Insurance Claims

vehicle insurance

Terms that must be fulfilled to apply for vehicle insurance claim are as follows:

1. Photocopy of vehicle insurance policy
2. Photocopy of Driver's Letter of Intent (SIM) of the vehicle owner
3. Photocopy of Identity Card (KTP) of the vehicle owner
4. Copy of premium payment letter
5. Certificate of loss of vehicle from the police for risk of loss

To keep in mind, claims submission must not exceed the maximum deadline of claims, so that insurance claims can be accepted and obtain insurance from insurance companies.

Read More

Type of Vehicle Insurance by Type of Protection

Car Insurance

 

Today, the development of science and knowledge along with the increasingly diverse human needs. One is the need for insurance. Many people no longer make insurance as a tertiary requirement, but make insurance a secondary and even primary requirement for people who live above average. Where they have many assets such as property or vehicles it deems necessary to obtain protection through insurance. In order for unexpected events to occur such as theft or damage, they will not suffer any significant harm.

Speaking of insurance for assets, vehicle insurance is mushrooming among the public. In addition to the increasing public welfare, also because now the vehicle becomes a necessity and even a lifestyle. So the desire to protect or provide security guarantees through insurance for the vehicle is very necessary. So this time we will discuss about the type of vehicle insurance.

Understanding Vehicle Insurance

Before entering on the type of vehicle insurance, we should first understand what is insurance and vehicle insurance.

Insurance is an agreement between two or more parties in which the insurer binds itself to the insured by accepting the insurance premium to provide reimbursement to the insured due to loss, damage or loss of expected profit or third party legal liability that may be subject to the insured arising from an event Which is uncertain. Understanding is based on the Act no. 2 of 1992 concerning Insurance Business.

More simply, insurance is a term that refers to an action, system or business or financial protection for the soul, health, property or assets, etc. of uncertain or unexpected events. Parties that provide insurance coverage or insurers are referred to as insurance companies. While the insured is the owner of the insured asset.


Then the vehicle insurance is a special type of insurance for the vehicle. Things to consider in choosing a vehicle insurance company is the financial strength of insurance companies, services provided, as well as expenses incurred to obtain protection called a premium.
Type of Vehicle Insurance

There are 2 types of insurance for vehicles seen from the type of vehicle, namely motor insurance and car insurance. And based on the type of protection, vehicle insurance is divided into 3 types, namely as follows:

1. All Risk or Comprehensive Insurance

All risk insurance is a type of vehicle insurance that provides protection and reimbursement of fees or guarantees all types of risks, both light and heavy, and the risk of loss of vehicles. So the insurance company will replace or bear all costs associated with any risks that occur in the vehicle. Even slight damage to the vehicle, the vehicle owner can file a claim and the insurance company will bear all the repair costs of the vehicle.

Because the sum insured covers all types of risks, the premium value to be paid for this type of all risk insurance is quite expensive. Insurance coverage of this type can be expanded, such as risk due to riot, or the addition of vehicle accessories. Expansion of coverage is of course through the addition of premium costs.

This type of all risk insurance is perfect and appropriate for the vehicles used everyday. Because the current traffic conditions more crowded road even not infrequently causing traffic jams in big cities. So the great potential or possibility of damage to the vehicle body such as nudged, terserempet or hit by another vehicle.
This type of insurance is widely used in the type of passenger car vehicle. In accordance with Indonesian Standard Vehicle Insurance Policy (PSAKBI), the maximum age of all risk insurance coverage is 8 years.

2. Total Loss Only Insurance (TLO)

TLO Insurance is a type of vehicle insurance that provides a guarantee or cover charge only if the vehicle is lost due to theft and damage to vehicles with the same repair value or more than 75% of the price of the vehicle at that time. If the estimated value of repairs for damage to the car is less than 75% of the price of the vehicle, then the claim filing will inevitably be rejected by the insurance company.

Because of the type of coverage that is not comprehensive, then the value of insurance premiums TLO cheaper than other types of insurance. And based on Indonesian Standard Vehicle Insurance Policy (PSAKBI), maximum age of insurance coverage of TLO is 15 years.

3. Combined Insurance

This type of insurance is a combination of all risk insurance and TLO. That is, all minor damage to severe or severe and loss of vehicles can be borne by the insurance company. Technical on this type of insurance depends on the insurance coverage provided by the insurance company such as: In the first year, the coverage is a type of all risk. Then in the second year, using TLO. Or another example of the following conditions. A vehicle is insured using this type of all risk insurance in the first 2 or 3 years when the vehicle is still in new condition. Then in the following years switch to the type of TLO considering the age of vehicles that are no longer young. So this type of insurance can adjust depending on vehicle conditions and financial condition of vehicle owners.

Read More

How To Quick Closing Prospect Insurance

 

Insurance

How To Quick Closing Prospect Insurance - Taking care of my post at the beginning of the secrets of Insurance Agent Success, may be sebahagian of you after reading the post still feel confused & wonder. How do I let the closing be more light ?, but you have implemented all the guidelines of the post at the beginning, is to change your display style together. Actually the key to the success of one person insurance agent is not just depending on the look good looking. In this case the prospect or process of negotiation with the prospective customer as well as plays a very important role in the Quick Closing Prospect of Insurance.

Becoming to be a successful insurance agent is not easy, but not difficult to know how. There are various books that teach the ways of insurance sales who can make the sales process so much easier. Instead of you tired-tired you buy, better we first see the following tips:

1.) You should be aware that there is a count or formula in the sale of insurance, for example after prospecting 10 people can be closing 1. If you know & be aware of the process you can be more spirit & consistent prospecting with unyielding spirit (heheh ...). Most of the time if the property agent 100 prospecting will only 1 closing, be still more lightly become an insurance agent right?

2.) Keep your spirit & knowledge, you can follow motivational seminars created by the insurance company of your work space or seminars from national speakers, such as Tung Desem Waringin, James Gwee & whoever it is. Any enthusiasm when continuously rejected, of course can be bored & bored and. That's why you and you should learn the trick of selling good & true of the best in your sector. Capable of your leader-leader, or the best agents in your company. Then the probability of success can be even greater.

3.) Ask for referrals from your clients, & ask your clients for help to tell their colleagues when insurance is absolute. Ask your clients to tell you the credibility of your company. The majority of people can be more confident to their friends than to strangers who suddenly come to offer insurance to him.

4.) Your initial time of attendance should not at all offer insurance. Try to be your colleague & educate the interaction with your prospect. As I said before, the majority of people will be more open & more fond of saying to their friends than against the insurance agent who suddenly came to offer insurance.

5.) Quick Closing Prospects for Other Insurance Insurance agents are not small in Indonesia. Being you must always concentrate in adding value so that you are judged not the same from others. You can run by creating a site that gives you all the ins and outs of your insurance, so if your customers need immediate info about trick claims & others, they can simultaneously access directly to your personal web. You can also carry on with both come & offer services doubel agent, so if later customers need your help immediately & you are indeed busy, your customers can contact the other agent. With the system you are able to guarantee services for your customers. So Quick Closing Prospect of Insurance.

Read More