Preview Questions Insurance Advisor | Role Specific Skill

Question 1: What is the best way to build rapport with a client during the initial consultation?

Which action should you take?

Choose only one option

By focusing on selling the most expensive product

By offering discounts before understanding the client's needs

By actively listening to the client's needs and providing personalized recommendations

By talking about the advisor's personal experience in the industry

Question 2: When engaging with a corporate client for group insurance solutions, what is the most effective strategy to foster a lasting relationship?

Which action should you take?

Choose only one option

Highlighting the cost-saving benefits of group coverage for the entire organization

Focusing on providing individual policies for each employee

Focusing on a quick sale and moving on to the next lead

Offering the same terms as competitors

Question 3: How is the premium for a health insurance policy typically determined?

Which action should you take?

Choose only one option

Based solely on the location of the policyholder

Based on the number of claims made in a year

Based on the policyholder's occupation

Based on the sum insured and the policyholder's age and health condition

Question 4: What is the best approach to analyze a customer's life insurance needs?

Which action should you take?

Choose only one option

Use the customer's income to calculate the required sum insured

Use the client's existing insurance policy as a benchmark

Analyze the customer's current savings, future liabilities, and income needs

Calculate the maximum coverage based on the client's loan amounts

Question 5: Which policy primarily covers business interruption losses?

Which action should you take?

Choose only one option

Liability insurance

Income protection insurance

Business continuity insurance

Property insurance

Question 6: How does the solvency ratio affect the recommendation of an endowment policy for a client with long-term savings goals?

Which action should you take?

Choose only one option

A lower solvency ratio is preferable for policy flexibility

A higher solvency ratio increases policy commissions for advisors

A higher solvency ratio indicates better claim-paying ability, ensuring policy security

A higher solvency ratio reduces policy benefits and premiums