Opinion Of the Life Insurance Corporation of India Agents About Training and Development Programmes

Abstract

As per the guidelines laid down by the Insurance Regulatory and Development Authority of India (IRDAI), class-room training is mandatory before an individual becomes an advisor of an insurance company. Training refers to acquire specific knowledge and skills for a particular job or task. It is usually a short-term activity concerned with improving an employee’s current job performance. It includes formal training courses, on-the-job training, or coaching sessions. Development is concerned with the long-term growth of an individual’s career.  The study is based on both primary and secondary data. The primary data has been gathered from 180 respondents by adopting convenience sampling technique. The secondary data has been gathered from magazines and journals. The primary data has been analysed by using per centage analysis and weighted ranking technique.  Training helps to employees manage tasks and understand processes better. Training can impact an organization in many ways, including improved productivity, increased employee satisfaction, and better customer experiences. LIC is not an exception to this. The training given to the LIC agents improve the growth of LIC.