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Success Story - Atul Jain, CEO, Jainone Insurance
THE INSURANCE TIMES
|April 2025
In 1997, young Atul Jain's family of three brothers purchased a second-hand Maruti car.
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Atul went to a nearby Oriental Insurance Company office to get the above vehicle insured. The Development officer, a middle-aged man, gently asked Atul about his profession. Atul politely replied that he works as an accountant. The development officer further asked Atul whether he was interested in making some extra money and, if so, if he could become an agent with the Oriental Insurance company.
The lure of extra money legitimately earned propelled Atul to immediately accept the offer as his monthly salary as an accountant was not very handsome in those days. The first commission income came from the premium paid for their second-hand car. This was the beginning of Atul's career as an insurance agent. The chance encounter changed Atul's life forever. The serendipity of stepping into an unknown territory like insurance changed Atul's philosophy of life. Earning good and honest money was tempting, but helping others in financial straits was more satisfying. Atul soon started getting steady business. In 1999, Atul became an agent of LIC. It was a humble beginning, but the rise to glory and fame was meteoric.
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