HDFC Life Insurance has partnered with online education company upGrad to launch an 11-month post-graduate programme in life insurance. On completion of the course, the students will become a part of the HDFC Life sales team. The course fee is Rs 99,000, and students can earn Rs 1.1 lakh through on-the-job training and internships.
The programme includes a two-month online course, two-month on-the-job training and a seven-month internship with HDFC Life. Naik said this follows the blended learning model with a mix of online courses and offline training.
Assignments and quizzes are in-built into the course. Naik said they will be able to take in 4,000-5,000 people into frontline sales through this programme.
“If this programme works well, we can hire all frontline sales employees through this route,” he added.