Project Report on Summer Training in Kotak Mahindra Life Insurence & Recruitment Process

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A PROJECT REPORT
ON
EXPLORATIVE STUDY ON RECURIMENT OF LIFE ADVISOR
IN INSURANCE COMPANY.

SUBMITTED IN PARTIAL FULLFILMENT OF THE REQUIREMENT OF
BACHLOR OF BUSINESS ADMINISTRATION (B.B.A)
JAI NARAYAN VYAS UNIVERSITY, JODHPUR.

SUBMITTED TO SUBMITTED BY
MISS. MIRDULA CHANDA MUSHFIK HASNEN RIJVI
SUPERVISER B.B.A. III YEAR
AISHWARYA COLLEGE OF EDUCATION E.NO 07/9176

PROJECT SUPERVISED BY:-
ASHISH KHATRI
(SALES MANAGER)
KOTAK MAHINDRA LIFE INSURANCE

SESSION 2007-2010

A-9 1ST Extension, Kamala Nehru Nagar,
Jodhpur (Raj.)

CERTIFICATE

This is to certify that Mr.MUSHFIK HASNEN RIJVI, Enrollment No. 07/9176 has supervision his project report on RECURIMENT OF LIFE ADVISOR.

The work embodied in this report is original and is of the standard expected of an BBA student and has not been submitted in part or full to this or any other university for the award of any degree diploma. He has completed all requirements of guidelines for project report and the work is fit for evaluation.

We found him sharp and intelligent and wish all the best in his future endeavors.

MISS.MRIDULA CHANDA
PROJECT SUPERVISOR
Aishwarya College of Education

UNDERTAKING

I hereby declare that total work of this project entitled “RECURIMENT OF LIFE ADVISOR “ in company’s name is an original work of mine is done during the month June – July as part of Summer training under the guidance of ASHISH KHATRI to the best of my knowledge and beliefs the facts mentioned in the report are true.

MUSHFIK HASNEN RIJVI
E/NO 07/9176
B.B.A. Part III
ACKNOWLEDGEMENT:-

I am highly thankful to Mr. Narayan singh (ABM) to provide me an opportunity to work in his esteemed organization as Summer Trainee.

I am greatly indebted to my project supervisor Mr. Ashish khatri (Senior Sales Manager) for constant guidance throughout the course of this work and for providing me all necessary information for my project work.

I am also thankful to Mr. Harsh Chauhan (Marketing Head) for giving me necessary information at any time.

MUSHIK HASNEN RIJVI

E/NO: - 06/93

Content

1) Introduction
2) Introduction of life insurance
3) Method of recruitment
4) Company Orientation
5) kotak Life Insurance
6) Business Module
A. Alternate Channel
B. Tide channel
7) Life Advisor
8) Conclusion
9) Reward & Recognition
10) Recommendation

INTRODUCTION OF LIFE INSURANCE

Life insurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a sum of money upon the occurrence of the insured individual's or individuals' death or other event, such as terminal illness or critical illness. In return, the policy owner agrees to pay a stipulated amount called a premium at regular intervals Orr in lump sums. There may be designs in some countries where bills and death expenses plus catering for after funeral expenses should be included in Policy Premium. In the United States, the predominant form simply specifies a lump sum to be paid on the insured's demise. As with most insurance policies, life insurance is a contract between the insurer and the policy owner whereby a benefit is paid to the designated beneficiaries if an insured event occurs which is covered by the policy. To be a life policy the insured event must be based upon the lives of the people named in the policy.

ADVANTAGES OF LIFE INSURANCE

Most of the time, insurance advisors want to discuss term life insurance. Because it is only purchased for a set span of time, or a term, the premiums are lower. For this reason alone, many agents probably believe that these sorts of temporary policies are more attractive to their clients. However, even though traditional policies may seem more expensive, it does have advantages that should be considered before...
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