Session 1: 3-2-1 summary by Mohak Sharma https://padlet.com/mohaksharma1/session_1_exit Create a post with 3 things you learned, 2 things you want to know more about, and 1 question you still have. en-us 2024-01-12 06:17:56 UTC 2024-01-30 08:49:28 UTC hello@padlet.com https://padlet.net/icons/png/1f5f3.png akshitapurohit https://padlet.com/mohaksharma1/session_1_exit/wish/2866438276 What is the multi plan discount?

]]> 2024-01-30 07:59:58 UTC https://padlet.com/mohaksharma1/session_1_exit/wish/2866438276 akshitapurohit https://padlet.com/mohaksharma1/session_1_exit/wish/2866446003 Keeping it simple: To make someone understand something lucid and easier examples are the way to go.


Insurance companies won't increase the premium just because someone made a claim.


Premium for 1 CR policies is modest

]]> 2024-01-30 08:07:13 UTC https://padlet.com/mohaksharma1/session_1_exit/wish/2866446003 akshitapurohit https://padlet.com/mohaksharma1/session_1_exit/wish/2866448447 Why do Insurance companies keep low premiums for 1 crore covers?


If there is an option to increase your cover and if there is, is the process cumbersome?

]]> 2024-01-30 08:09:42 UTC https://padlet.com/mohaksharma1/session_1_exit/wish/2866448447 abhijithkk https://padlet.com/mohaksharma1/session_1_exit/wish/2866449779 What's the best way to explain the idea of the Black Swan situation (in the most non ominous way possible) in an actual session with a client?

]]> 2024-01-30 08:10:52 UTC https://padlet.com/mohaksharma1/session_1_exit/wish/2866449779 abhijithkk https://padlet.com/mohaksharma1/session_1_exit/wish/2866457014 To be a good advisor, you need to be a good listener and put yourself in the client's shoes to understand their concerns well.


Offering relatable everyday examples to explain how insurance works is key when recommending products that are a good fit.


It's important to think of the long term picture and inflation when making decisions about covering yourself against health concerns.

]]> 2024-01-30 08:18:21 UTC https://padlet.com/mohaksharma1/session_1_exit/wish/2866457014 abhijithkk https://padlet.com/mohaksharma1/session_1_exit/wish/2866463754 For those who can afford the extremely higher end coverage, does it make sense to prioritize peace of mind over investments with great returns? What percentage of those who can afford it actually opt in for it?


How much is family history considered when the insurer looks at the application from a healthy young individual looking for a long term plan?



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