Term Plan Workflow

Term Insurance Agent App for Pure-Protection Books

Term plans are simple to sell and brutal to track — long horizons, recurring premiums, multiple riders, family heads, claim-ratio talking points. The Agenex term insurance agent app keeps every term-plan record clean across LIC, HDFC Life, ICICI Pru, Max Life, Tata AIA, SBI Life and Bajaj Allianz under one client view. Built for the India term-plan agent who is renewing 600 policies a year and wants commission, claim ratio and family-cover gaps visible in seconds.

Term Plan Specifics

What a Term Insurance Agent App Actually Needs To Do

Term insurance is pure-protection — no maturity benefit, low premium, long horizon. Tracking it is different from endowment or ULIP.

SA

Sum Assured Tracking

Sum assured per policy, per family head. Spot under-insurance gaps quickly — a Rs.50L term plan for a household earning Rs.20L/year is the conversation to start.

RD

Riders Per Policy

Critical illness, accidental death benefit, waiver of premium, terminal illness, disability. Each rider stored separately with its own premium and sum assured.

PF

Premium Frequency

Monthly, quarterly, half-yearly, yearly. Reminders fire at 30/15/7/1 days. Lapse-risk score rises if the first nudge is ignored.

CR

Claim Settlement Ratio

Insurer-wise CSR stored against each policy. Useful for renewal conversations and for new clients comparing insurers on real numbers.

FH

Family Head Linking

One family, multiple term plans on different lives — spouse, kids, parents. Linked together for cross-sell and gap-analysis.

CO

Commission Per Insurer

LIC's slab structure, private insurer year-1 and year-2+ rates, club-membership multipliers — all calculated automatically.

In-Depth

Why Term Insurance Books Outgrow Generic CRMs

Term plans are the fastest-growing category in Indian life insurance and the hardest to track in a generic CRM. A term insurance agent app has to handle long policy horizons (20-40 years), multiple insurers per family, rider stacking, claim-ratio talking points and a renewal cadence that runs across decades, not years. Excel and notebook diaries hit a wall around 200 policies. Generic CRMs treat term plans as one-line records without rider depth or family linking.

Agenex models term plans natively. Each policy stores insurer, sum assured, base premium, rider list (critical illness, accidental death benefit, waiver of premium, terminal illness), premium frequency, term length, claim settlement ratio reference and the family head. The same screen surfaces gaps — a household with two earners but only one term plan, or a Rs.20L sum assured on a household earning Rs.18L/year. Those are the cross-sell and upgrade conversations that grow term-plan books.

For LIC agents serving traditional term clients alongside private-insurer plans, the app handles both. LIC's e-Term Plan, Saral Jeevan Bima and Jeevan Amar sit alongside HDFC Life Click 2 Protect, ICICI Pru iProtect Smart, Max Life Smart Secure Plus and Tata AIA Sampoorna Raksha — each with its own commission slab, claim-ratio and rider list. The renewal queue treats all of them with the same 30/15/7/1 day WhatsApp cadence in the client's preferred Indian language.

FAQ

Term Insurance Agent App — Common Questions

Yes. LIC term plans, HDFC Life Click 2 Protect, ICICI Pru iProtect, Max Life Smart Secure, Tata AIA, Bajaj Allianz iSecure, SBI Life Saral Jeevan Bima and others sit side by side under one client head. Per-insurer commission slabs, claim-settlement ratios and rider lists are stored against each policy.

Each rider is a separate field on the term policy record — critical illness, accidental death benefit, waiver of premium, terminal illness, disability cover. Sum assured and rider premium are tracked individually so commission and claim reference are accurate.

Yes. The premium-frequency field accepts monthly, quarterly, half-yearly and yearly. WhatsApp reminders fire at 30, 15, 7 and 1 day before the next due date in the client's preferred language. Lapse-risk score rises if a client misses the first nudge.

The family-head view shows total sum assured across all term plans for the household alongside the family's stated annual income. Gaps surface automatically — a Rs.25L term plan on a Rs.18L household income is flagged for upgrade conversation. The same view helps with second-life-cover prompts when a non-earning spouse joins the workforce.

Yes. Interface and WhatsApp templates run in Hindi, Marathi, Tamil, Telugu, Bengali, Gujarati, Punjabi, Kannada, Malayalam and English. Tag each client with their preferred language and every reminder respects it. The Hindi interface page has detail on script handling.

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Run Your Term Insurance Book From One Screen

No credit card. Setup in 5 minutes. Plans from Rs.999/year.

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