How Insurance Agent are struggling with Sales & Payment due to COVID-19?
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Insurance agents mostly visit offices or homes to customers in person in order to sell policies pre-COVID-19. More than 90% businesses are depedent for offline or push based sales. e-Sales, Digital Sales are increasing and it is causing the concern for most of agents on the ground. The life insurance industry had a total of 2.27 million agents at the end of FY20. These individuals were involved in distribution of life insurance policies to customers by the way of field sales involving visiting the person's home or office. Some of the challenges for these agents are due to below factors:
How Insurance Agent are struggling with Sales & Payment due to COVID-19?
How Insurance Agent are struggling with Sales…
How Insurance Agent are struggling with Sales & Payment due to COVID-19?
Insurance agents mostly visit offices or homes to customers in person in order to sell policies pre-COVID-19. More than 90% businesses are depedent for offline or push based sales. e-Sales, Digital Sales are increasing and it is causing the concern for most of agents on the ground. The life insurance industry had a total of 2.27 million agents at the end of FY20. These individuals were involved in distribution of life insurance policies to customers by the way of field sales involving visiting the person's home or office. Some of the challenges for these agents are due to below factors: