New Delhi, Brand Desk. Since the onset of the corona virus epidemic, people have become more aware of their family and their responsibility towards them than before. In this pandemic, if someone lost his job, someone’s salary was cut, then some people suffered heavy losses in their business due to lockdown. The world has still not fully recovered from this epidemic. In such a situation, people have started giving more importance to life insurance and health insurance. Insurance not only helps the family’s financial condition after life, but also makes the present easy.
Although people are not much aware in this matter. For this reason, a webinar was organized on this topic on the digital platform of Dainik Jagran and Punjab Jagran on 22 January. Different experts present in the webinar have answered every question related to insurance and have told in simple language how we can secure the future of ourselves and our family through insurance.
These experts include Sameer Bansal, Chief Distribution Officer, PNB MetLife, Prem Kumar Arora, Deputy Zonal Manager of Amritsar Branch of Punjab National Bank, Vinay Kohli, Insurance Manager, Punjab Branch of PNB MetLife and Manikaran Singhal, Certified Registered Investment Advisor and Certified Financial Planner at SEBI. Were. The program was conducted by Pallavi Mishra of Jagran New Media.
Sameer Bansal said that “In the last eight to nine months people have become more aware of insurance. MetLife survey also showed that 50% of those who did not have insurance in the last 9 months, took insurance It has been said. People have also increased interest in long-term guarantee products, which will give them good returns in the coming 15-20 years. PNB MetLife has very good products, which has a good sale in the last 8-9 months. Pie. ”
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He added that “All our PNB MetLife policies include Kovid coverage. Likewise, all other company policies also include Kovid coverage. IRDA has also shown a lot of activity, they have given health insurance companies a security corona Insisted on starting a policy like Ka Kavach, and those policies are available now. Simple insurance concept has been started in life insurance too, very soon all companies will start the concept of a simple insurance plan, which anyone can take . ”
On the question of getting insurance from bank with different account, Prem Kumar Arora said that “It is easier to get insurance from banks because they have more reach. They are in every corner of the world. Just like Punjab National Bank is everywhere, our customers have It is easy to get to and with us. Today’s bank insurance is very popular, as it is easy for the insurance company, banking company and all three customers. Financial planning in the bank caters to all the needs of customers. Insurance is essential for financial planning, the customer needs it for his retirement, for children’s education or for his savings. The bank also has information about the customers, how much they earn and how much. According to this, we provide a good insurance according to the needs and earnings of the customer’s family.
On the question of confusion regarding the insurance of the people, Prem Kumar Arora said, “It is based on a trust, which we have won with our transparency and honest financial service. Customers are kept at the top. . We believe in maintaining a relationship with the customers for a long time and take care that the customer is satisfied and happy. So we don’t do anything for the short term. We also tell where they benefit. Where and where some risk may come, the customers are given complete information, so that they can choose the insurance of their choice. Customers are also asked about the nominee, which is necessary to see who is more affected after them. It will be, if no one has any problem at the time of claim, full information about the nominee is also taken.
In response to the question of when one should take insurance and how much cover should be taken, Vinay Kohli said, “Insurance is necessary to protect family in future, as there is no social security in our country. How much insurance should these customers take?” Is different. According to the increase in the circle of life, the cover can be reduced or reduced according to the earnings. Initially, family protection and children’s education are also done. Only the insurance cover should be renewed. ”
On the question related to financial planning and insurance, Manikaran Singhal said, “It is difficult to do financial planning without life insurance, because it is like a foundation for insurance savings. But insurance is the best for financial planning, in which An insurance policy is bought by planning. ”
On the question of buying ULIPs, Sameer Bansal said, “Before taking it, you need to see your need. If someone has taken life insurance cover and long time guarantee, but still has surplus cash, then you can invest in Market Link Instruments But there is a bit more risk in it. ” On the question of how to choose better life insurance, Vinay Kohli said, “What is taken is taken at the right age, for which the financial advisor can be consulted, in which the plan can be selected according to the needs of the customer. Is. One must first look at their needs and then take insurance. ”
Prem Kumar Arora said that “Customers should also give correct information in insurance. Whether they take life insurance or some other type of insurance, so that there is no problem while taking the claim tomorrow. Don’t hide. ” Sameer Bansal said, “PNB MetLife has taken a number of steps since Corona. Everything has been kept digital so that customers do not face any problem while buying insurance. There is also a sense of customers to get medical insurance We have to go to the center, because to get a cover of one or two crore rupees, we have to get medical, but we have started a process in which insurance is taken by answering some questions on the phone without going to the medical center. Online Digital Claim Integration has been started to avoid going out of nowhere. So that customers can register their claims. Through this app, customers can go to the office without changing their address and can take the facility without calling. There have also been many changes through this service from PNB MetLife. ”
In response to the question of how much insurance plan a person should take, Manikaran Singhal said, “The less the better. You should know your purpose, so that the less the policies the less the claims will be made when the customer’s family claims at the time of the claim. It would be good. Earlier people had 20 or 30 policies, but now companies have also got enough information, so there should not be more than two. To pursue the policy, one must pay the right, but according to the liquidity There should be no more than two policies to manage something properly.
On what customers are now seeing after the Corona period, Prem Kumar Arora said, “A lot of people have shown an eagerness towards insurance, our figures have also increased the number of policies, all of which came only after the Corona period.” Has also started many initiatives online. In whatever policy we are offering, we are giving life insurance of 2 lakhs for paying 330 rupees per year. In another insurance, in the PM Suraksha insurance if someone dies accidentally. If it is, then a claim of Rs 2 lakh is given for Rs 12. We have taken this initiative even further at the bank level and the people of the village have also been given the benefit of service through the camp. ”
On how beneficial the policy is for the future of children, Vinay Kohli said, “We can take any plan for this. There has been a change in the past and now. Earlier we used to send children to Delhi for education, but now If you are sending abroad, then you should start early for this, so that the child does not have to take an education loan when he is 12th and by then he gets the money, then it should be taken soon. ”
Sameer Bansal told that “Punjab is also very much ahead in buying policies in a digital way. People who have less life insurance also, if they should get a cover of Rs 100, then they have taken Rs 10. Should be 15 to 20 per cent. So therefore access has to be made easier and people have to be encouraged. For this, the government will have to reduce GST. Also, if the government brings a separate slab for insurance in ATC, then it is also customer driven. Maybe he can also take cover and invest in it. Also, if the government increases the FDI limit of 49 per cent to 79 per cent in this budget, it will be very useful in the coming time. ”
On the employment opportunities in the life insurance sector in Punjab, Sameer Bansal said, “There are a lot of employment opportunities. There is a big gap in the life insurance sector that is yet to be filled. When there is a demand, there is a demand for people to supply If it happens, it will move forward in the coming time. There is also a basic course for this, young people can also come to this area by doing this. For this they will also get information from our website and branch. “
