Self Service Portal For Two Big Financial Transactions

1
Self Service Portal For Two Big Financial
Transactions
Back in March when the lockdown was beginning,
the weather was also changing from spring to
summer. And when the weather changes, I tend to
get a sore throat. So of course, as someone who
Googles everything, I Googled the symptoms of
coronavirus and convinced myself that maybe I
had it. Reader, I didnt.
If you can convince yourself you have a much
bigger health issue when you just have the
common cold, it is needless to
s ales_at_crmjetty.com
2
say, the scale of that comparison and panic
varies from person to person and disease to
disease. And health is one aspect of life that
wed like insured, so when something actually
happens, we are taken care of. Other things that
we like insured are our cars, houses, gadgets,
and almost everything. Why? Because we buy really
expensive things sometimes and expensive things
also break. It just takes way more to fix an
expensive thing as compared to something that
cost less originally. Similarly, an equally
complicated financial matter is getting a loan
for anything. And just like with insurance,
getting a loan to purchase anything has become
the trend. Right now, while personal finances
have taken a hit, more people are likely to take
loans for various things like education, house,
etc. Insurance policies and loan dealings are
confusing. One better than the other, each with
some caveat that you never find out about until
its too late. It can be messy. And if you are in
the insurance and loan business, that will
definitely not go well with the people now. More
and more businesses are learning the value of
being transparent with their clients and
customers, and earning an honest buck instead of
fraudulent practices.
s ales_at_crmjetty.com
3
And of course, being transparent with your
customers is simpler than ever before now. You
can just give them access to certain modules of
the business that concern them. How? Using a
portal. You can give them access to your CRM in a
way that benefits them. How will this work? The
below points apply to both insurance policies
and loans. Lets take a look Choosing a
policy First and foremost, your client has to
choose a policy that works for them. Unless they
have all the information regarding all that you
offer, they cannot make an informed decision
about it. Give them access to your policy plans,
and if you update any of your policies, make
sure to notify them of the updates. Be clear in
your language in the policy so there is nothing
ambiguous that they are agreeing
to. Comparison The easiest way to make a
purchase decision regarding most things, product
or service, is to compare it with close matches.
As an insurance provider or mediator, your job is
to provide a platform that helps them compare
the different plans. Once a person compares, it
becomes easy for them to see which plan provides
them the best coverage.
s ales_at_crmjetty.com
4
Policy benefits Putting your hard earned money
into a future you cannot see, is difficult. So
if you are providing benefits on purchase of the
policy, or a yearly benefit after that, be clear
in getting that message across. Now, these gifts
would differ based on the plan that a client has
picked, so the portal is a great way to manage
the dynamic offers you have. Calculator No one
is going to buy insurance of any kind without
knowing exactly how much they will have to pay
and the benefits they will get in return. Add a
neat calculator where the client can feed in
variables. When they try out variations, they
can decide which plan is in their budget and
works for them. Knowing the interest one would
have to pay on a loan is just as important and
the client will appreciate being able to
calculate it.
s ales_at_crmjetty.com
5
Support Backing the Businesses Any business
needs financial support, especially in a
pandemic. So around the globe are looking for the
places where they can get a short-term mortgage
loan to back their business to sustain in this
situation and come out strongly. Hence, the
portal interface will provide them a place to
find and choose from different loan options and
easily apply for it online with minimal steps. A
win-win for lenders and borrowers using
portals! Exception list With each plan, make
sure to give a detailed exception list for
situations that the plan will not cover. This
makes it easier for the client to know how to
navigate the plan and therefore pick one that
matches their needs the most. Overall, financial
transactions like insurance and loan have a
number of small details to take care of. And with
increase in the demand right now, you might just
be short staffed. Good thing a s elf service
portal can help your clients serve themselves.
And clients often prefer that over too many
insistent calls from people trying to sell them
misery via insurance coverage. And it is hardly
possible to have your agents take meetings with
clients right now. It is not going to be
possible to do so at scale, in the near future as
well.
s ales_at_crmjetty.com
6
About us CRMJetty makes custom portals. And we
can make one for you fast enough that your
business can take advantage of it right now when
the demand is high. Contact us to discuss this
in more detail and we can get together a portal
that best suits your business offerings.
Source h ttps//www.crmjetty.com/blog/self-servic
e-portal-financi a l-transactions
s ales_at_crmjetty.com