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  Published Paper Details:

  Paper Title

PURCHASE OF UNIT LINKED LIFE INSURANCE POLICIES: ROLE OF AGENTS RELATIONSHIP - SELLING BEHAVIOR

  Authors

  M RADHIKA,  AKHILA ALIGEPALLY

  Keywords

Keywords: unit-linked life insurance, relationship selling, agents, customer loyalty, personalized guidance, trust, policy features, customer satisfaction, retention, market dynamics, regulatory environment, client demographics, sales techniques,businessperformance

  Abstract


Unit-linked life insurance policies are gaining popularity due to their combined investment and insurance benefits. Agents play a pivotal role in selling these policies by employing relationship selling strategies to build enduring bonds with customers. This approach involves understanding client needs, offering personalized guidance, and fostering trust and loyalty. Effective relationship selling enhances agents' ability to explain policy features, address concerns, and support clients throughout the policy term, thereby boosting customer satisfaction and retention. Success in selling unit-linked policies hinges on factors like client demographics, regulatory landscapes, market dynamics, and agent expertise. This study explores how relationship selling impacts policy acquisition, retention, and overall business performance in the unit-linked insurance market, providing insights into effective customer interaction and sales techniques.In recent times, unit-linked life insurance policies have become increasingly popular because of their distinctive investment and insurance features. These policies combine the advantages of having life insurance with the chance to participate in financial markets. Agents play a crucial role in the selling process since they serve as a middleman between policyholders insurance.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2406783

  Paper ID - 264378

  Page Number(s) - g946-g957

  Pubished in - Volume 12 | Issue 6 | June 2024

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  M RADHIKA,  AKHILA ALIGEPALLY,   "PURCHASE OF UNIT LINKED LIFE INSURANCE POLICIES: ROLE OF AGENTS RELATIONSHIP - SELLING BEHAVIOR", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 6, pp.g946-g957, June 2024, Available at :http://www.ijcrt.org/papers/IJCRT2406783.pdf

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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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