PROJECT REPORT ON RELIANCE LIFE INSURANCE

INTRODUCTION INDUSTRY PROFILE DISTRIBUTION OF CHANNELS STRATEGIES INVOLVED CAREER PATH OF RELIANCE LIFE ADVISOR CONCLUSION

 The business of insurance is related to the protection of economic values of assets. The assets would have been created through the efforts of the owner, in the expectation that, either through the income generated there from or some other output, some of his needs would be met. Insurance plays a major role in different perspective. For economic development,

 All organization face changes in their environment with resultant changes in their markets and in the ability to satisfy their markets. Each organization is faced with new marketing problems and opportunities in their existing and potential market.

 MISSION
Become one of the top life insurance companies Become a national player dominant in part of India Be the brand of first choice among all stake holders Become the employer of choice.

 Knowledge: It constitutes expertise and our expertise is in helping people protect themselves.
Caring: Reliance Life is redefining the life insurance paradigm to focus on the needs of customers.

The service process is responsive, personalized, humane and empathetic.

 Personal observation This method is uniquely personal. It permits you to apply your own standards and exercise your own judgment. Newspaper advertisement Newspaper advertising created considerable activity. It is one of the fastest ways to get name and talk people seeking a change in employment

 Direct Mail Mass mailing is a system if used can be a very successful tool. One system is to send letters with reply cards on a regular basis especially to centers of influence.

105 Hours of training

Class Room Training

Product Training

IRDA Exam

Issue of License

CLUSTER HEAD AREA MANAGER BRANCH MANAGER BRANCH DEVLOPMENT MANAGER ASSISTANT BRANCH MANAGER

EXECUTIVE SALES MANAGER

SENIOR SALES MANAGER

SALES MANAGER

ADVISOR

 DISTRIBUTION ENHANCEMENT is the process of recruiting potential advisor for the company through an insurance sector works. Every company whether it is a LIC, a public sector player or RELIANCE, MNYL, ICICI prudential etc, private sector players which work through them only. They are the people through which an insurance company gets their most of the work and profits. There are different forms in which a channel can be developed like: Agency Banc assurance Alternative channel

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