Product levels of Insurance sector


3
Level Type  of  service Contents Insurance sector
1 Core service Basic service product
  • Life
  • Non-life insurance policy
2 Expected service Basic product and minimum purchase conditions that must be met.
  • After sales service
  • Low claim settling period.
3 Augmented service Something different, which enables one product to be differentiated from other
  • Technology
  • Online premium payment
  • Payment through credit cards
  • Standing instruction to bank
4 Potential service Features that attract the customers and are useful to them.
  • Maturity claims settled on or before the maturity date.
  • Loans

 


Like it? Share with your friends!

3
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected].

0 Comments

Facebook comments:

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube and Vimeo Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format