Pure protection at the lowest premium, paying out only if the insured person dies during the term.
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Term and savings plans that a family can actually understand. Work out the premium on the spot and explain exactly what is covered and what is not.
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A life policy replaces income for a family that has lost the person earning it. It is the most important cover a household can hold and the one most often sold badly, wrapped in returns and maturity tables nobody reads.
Your advantage is plain speaking. Ask what the family would need each month, show the premium for that sum assured, and let them decide with the numbers in front of them.
The two things a family is really choosing between.
Pure protection at the lowest premium, paying out only if the insured person dies during the term.
A smaller cover combined with a maturity amount, for customers who want money back.
Getting nominee details right is what decides whether a claim is settled smoothly.
Premium due dates are flagged so a policy does not lapse by accident.
How much would the family need every month if this income stopped? That number drives everything else.
Convert that monthly need into a cover amount over the years the family would need it.
Compare term and savings options for that cover, with the difference in cost made clear.
Record health declarations and nominee details accurately, then issue the policy.
Life policies carry the largest commission of any service on the platform.
A single sale can pay commission across multiple premium years.
A family that receives a claim settlement will send everyone they know to your counter.
Term cover pays only on death during the term and costs the least. Savings plans return money at maturity but give far less cover for the same premium.
It depends on age and sum assured. The insurer will say at the proposal stage, and tests are usually arranged at a nearby centre.
The claim can be rejected. Always record health details honestly, even when it raises the premium. A rejected claim helps nobody.
Savings plans can be surrendered after a lock-in, usually at a loss. Term plans have no surrender value, which is worth explaining at the time of sale.
POS registration covers life insurance too. Apply once and offer all four categories.