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SBI Life Insurance

SBI Life Insurance

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Published by iloveyoujaan

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Published by: iloveyoujaan on Aug 20, 2010
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 I, Santosh Kumar Verma hereby declare that the Summer Training Report entitled “Peoples Perception and Awareness concerning “PENSION PLANS” in NEW DELHI  submitted in partial fulfillment of the requirement for the Two Year Post Graduate Diploma in management (IRM) is collected by my own effort and it is true and real up tomy knowledge is concerned.
 Place: Date
 Now days in this dynamic era Insurance is coming as an important tool  for reducing the effect of uncertainty and risks. It becomes an integral  part and indispensable part of human life. There are various types of  Insurance Plans to provide protection from loss and uncertainties. The Pension Plans is an important one of them.So is a great opportunity for me to study on “Peoples Perception and awareness concerning “Pension Plans” in New Delhi. The purpose of this research is to know awareness and importance among peoplesregarding “Pension Plans” in New Delhi.Santosh Kumar Verma PGDM (IRM) 01/16 SMS 
As a project trainee in SBI Life Life Insurance Co. I have been assigned the job of recruiting financial advisor. So I have undergone a short-term training by the company andabout the recruitment process and the various products of the company. Recruitment refersto the various segment of the society. So I went to the market and searched people fromdifferent profile to recruit them as Life Advisor in SBI Life Life Insurance Co. As per thecompany philosophy and values a Life Advisor must posses the following three vitalthings- Time, Attitude and Confidence. Now what is more important to now be who is a financial advisor, how important is he to acompany, what recruitment is and what are the sources of recruiting financial advisor.The life, pension and investment industry has undergone dramatic changes over the pastdecade. Longer life expectancy and the desire to retire before state pension age haveincreased public awareness of financial services markets. These changes have created amarketplace where customers are more discerning and regulatory requirements morestringent.The emphasis is switching away from 'selling' towards providing quality advice. This is partly due to an increased percentage of individuals sitting industry-recognizedexams such as the Certificate in Financial Planning (formerly the FPC).

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