Tuesday, September 22, 2009

Business Model of Private Insurance Companies in India

Of late a number of Private Insurance companies are thriving in India. They do have a great role to play.

Insurance Advisor post of Private Insurance Companies is a job with highest attrition rate. These companies frantically recruites people.

These people inturn pesters the relatives and friends circle canvasing policies.
Later they will drop the job failing to fulfil the target.
Ineffect the unfortunate relatives and friends ends up having dozens of policies majority of which they will stop paying once the Advisor concerned quits the job.

What an "excellent" business model.

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