The interviewer may ask this question to assess your knowledge of the insurance policies you sell. This can help them determine how well you understand the products and services offered by their company, as well as those of other insurers. In your answer, try to show that you have a strong understanding of the policies you offer and why they’re beneficial for customers.
Example: “I have extensive knowledge of the policies offered by the insurers I work with. Over my years as an insurance broker, I have developed a deep understanding of the various types of coverage and how they can be used to protect clients from financial loss. I am familiar with all of the major providers in the industry, including their policy offerings, pricing structures, and customer service practices.
Additionally, I stay up-to-date on any changes or new products that are released by these companies. This ensures that I am able to provide my clients with the most comprehensive advice possible when it comes to selecting the right insurance product for them. Finally, I also take the time to review each policy thoroughly before recommending it to a client, so that I can ensure they understand exactly what is covered and what isn’t.”
