I agree to the Terms of Usage and Privacy Policy. By submitting my contact details here, I override my NDNC registration and authorize ABSLI to contact me by phone/e-mail/SMS/WhatsApp. Trade Logo "Aditya Birla Capital" displayed above is owned by ADITYA BIRLA MANAGEMENT CORPORATION PRIVATE LIMITED (Trademark Owner) and used by ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED (ABSLI) under the license. BEWARE OF SPURIOUS / FRAUD PHONE CALLS! IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint. ABSLI Nishchit Aayush is a non-linked non-participating individual savings life insurance plan (UIN No 109N137V05)
An insurance advisor, also known as an insurance agent or insurance consultant, is a
professional who provides advice to individuals and businesses about their insurance needs
and options. They work either independently or for an insurance company and offer a range of
services related to insurance products.
Insurance advisors are knowledgeable about various insurance products and policies, such as
life insurance, health insurance, motor insurance, home insurance, and others. They guide their
clients in choosing the most suitable insurance policy based on their specific needs, financial
situation, and risk tolerance.
Why is an Insurance Advisor Important?
The importance of an insurance advisor can be understood from the following points:
Expert Guidance
: Insurance advisors have expertise in insurance products and the
insurance market. They can provide valuable guidance on the types of coverage that
would be most beneficial for a client's specific needs and circumstances.
Policy Selection
: With so many insurance products available in the market,
choosing the right one can be challenging. An insurance advisor helps clients navigate
through the choices and select the most suitable policy.
Claims Assistance
: In the event of a claim, insurance advisors can provide
assistance in understanding the claims process, filling out the necessary forms, and
communicating with the insurance company.
Policy Review and Updates
: As clients’ life circumstances change, their insurance
needs may also change. Insurance advisors can review clients' existing policies and
suggest necessary updates or new policies.
Example:
When Should You Consult an Insurance Advisor?
You should consider consulting an insurance advisor in the following situations:
Purchasing an Insurance Policy
: If you're considering buying an insurance policy
but are unsure about the type of coverage you need or the policy that would best meet
your needs, an insurance advisor can provide valuable guidance.
Reviewing Your Insurance Coverage
: If you have existing insurance policies and
want to review whether they are still adequate for your needs, an insurance advisor can
help.
Filing a Claim
: If you need to file an insurance claim and are unsure about the
process, an insurance advisor can assist you.
Change in Life Circumstances
: Major life changes, such as marriage, birth of a
child, buying a home, or changing jobs, often necessitate a review of your insurance
coverage. An insurance advisor can guide you through the process.
What are the Responsibilities of an Insurance Advisor?
An insurance advisor has several responsibilities:
Understanding Client's Needs
: The advisor must understand the client's specific
needs, financial situation, and risk tolerance to provide suitable advice.
Providing Accurate Information
: The advisor should provide accurate and complete
information about the various insurance products, their benefits, exclusions, costs, and
other relevant details.
Maintaining Confidentiality
: The advisor must respect and maintain the
confidentiality of the client's personal and financial information.
Staying Updated
: The advisor should stay updated with changes in the insurance
industry, including new products, changes in regulations, and market trends, to provide
the best possible advice to clients.
An insurance advisor plays a vital role in helping individuals and businesses make informed
decisions about their insurance needs. Choosing a knowledgeable and trustworthy insurance
advisor can greatly enhance your insurance buying experience and help ensure that you are
adequately protected.
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ABSLI Salaried Term Plan (UIN:109N141V01) is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 2 (Life Cover with ROP) this product shall be a non-linked non-participating individual savings life insurance plan.
1LI Age 21, Male, Non Smoker, Option 1: Life Cover, PPT: Regular Pay, SA: ₹ 1 Cr., PT: 10 years, Premium paying term: 10 years, Annual Premium: ₹ 5900/- ( which is ₹ 491.66/month) Premium exclusive of GST. On death, 1 Cr SA is paid and the policy terminates.
ADV/9/23-24/1998