Frequent question: Why do you want to work in general insurance?

Why do you want to join general insurance company?

Because its gives us a opportunity to expand over self. Because insurance sector is one of the fastest growing sector in india. And the career growth in insurance companies is also excellent. A sector with less corruption, fair dealing and customer welfare oriented sector so I want to join this sector.

Why do you want to work in insurance answer?

Q1. Tell me about yourself and why you want to work within insurance? SUGGESTED ANSWER: “I am a conscientious, detailed and reliable employee who wants to work within insurance because the qualities and skills required are a close match for my own attributes.

What is the work in general insurance?

Whether personal lines or business/corporate insurance you can work in Underwriting, Claims, Broking, Sales, Relationship Management, Product, Marketing and Operations roles with clients across every industry you can think of from Financial Services to Food & Beverage!

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What is the purpose of general insurance?

Description: The tangible assets are susceptible to damages and a need to protect the economic value of the assets is needed. For this purpose, general insurance products are bought as they provide protection against unforeseeable contingencies like damage and loss of the asset.

Why do you want this job?

“In my career, I am sure of one thing and that is I want to build a decent career in my current domain. My present job has shown me the path to move and attain what has been my long-term career objective. I have acquired necessary skills to some extent as well as have got accustomed to the corporate way of working.

Why do you want to work for our company?

“I see this opportunity as a way to contribute to an exciting/forward-thinking/fast-moving company/industry, and I feel I can do so by/with my … ” “I feel my skills are particularly well-suited to this position because … ”

What should I say in an insurance interview?

General questions

  • Tell me a little bit about yourself.
  • Why do you want to work in the insurance industry?
  • Why do you want to work for our company?
  • What are your strengths?
  • What are your weaknesses?
  • What does good customer service look like to you?
  • What do you hope to learn in this role?

What are the benefits of working in insurance?

Benefits of working at an insurance company

  • Wide range of jobs. Insurance companies offer a wide range of jobs in various fields. …
  • Diverse culture. …
  • Entry-level positions. …
  • On-the-job training. …
  • Flexible schedules. …
  • Teamwork is key. …
  • Work from home. …
  • Education.
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Why do we need to hire you?

“Honestly, I possess all the skills and experience that you’re looking for. … It’s not just my background in the past projects, but also my people skills, which will be applicable in this position. On the other hand, I am a self motivated person and I try to exceed my superior’s expectations with high-quality work.

What are the 3 main types of insurance?

Insurance in India can be broadly divided into three categories:

  • Life insurance. As the name suggests, life insurance is insurance on your life. …
  • Health insurance. Health insurance is bought to cover medical costs for expensive treatments. …
  • Car insurance. …
  • Education Insurance. …
  • Home insurance.

What is general policy?

A General insurance policy is a non-life insurance product that includes a range of general insurance policies. … The policy offers payment to the policyholder based on the loss incurred from a specific financial event. General insurance is insurance that is not categorized under life insurance.

What are types of general insurance?

Following are the different types of General Insurances in India: Health Insurance. Travel Insurance.

Digit Insurance also offers insurance policies for Mobile, Bicycle, Shop Protection, and others.

  • Health Insurance. …
  • Travel Insurance. …
  • Motor Insurance. …
  • Home Insurance. …
  • Commercial Lines. …
  • Mobile Insurance. …
  • Bicycle Insurance.

How do you relate insurance in general?

A general insurance is a contract that offers financial compensation on any loss other than death. It insures everything apart from life. A general insurance compensates you for financial loss due to liabilities related to your house, car, bike, health, travel, etc.

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What is insurance simple words?

Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risks to make payments more affordable for the insured.