InsuranceDocument checklist
Essential Term Insurance Buying Checklist for Agents
Navigating the term insurance landscape can be complex for agents in India. This checklist provides essential steps and considerations to ensure a smooth buying process for your clients. Use it to guide discussions and clarify client needs effectively.
Updated 2026-05-27
The checklist
0/9 collected
How to use it
- 1Discuss client needs and gather relevant information.
- 2Review the checklist items and provide tailored options.
- 3Finalize the policy and assist with the application process.
India-specific notes
- Ensure all documentation complies with RERA and local regulations.
- Stay updated on changes in tax laws affecting term insurance premiums.
Common mistakes to avoid
✕Neglecting to ask about existing insurance coverage.
✕Failing to explain policy exclusions clearly to clients.
Frequently asked
What is the ideal term for a term insurance policy?+
The ideal term varies by individual needs but typically ranges from 10 to 30 years.
How do I determine the sum assured for my client?+
Evaluate the client's financial obligations and future goals to recommend an appropriate sum assured.
Please verify before acting
This output is a drafting aid, not legal, tax, financial or insurance advice. Sections, rates and deadlines must be verified against the actual document and current rules. Have a qualified professional review anything you file or send.