Mahavir Pareek was raised in a village named Thakurganj in Bihar. He went to Siliguri College for his Bachelors in Commerce and graduated in the year 1994. After his graduation he joined his family business to take the business to newer heights and dreamed to travel the world and meet Mr. Amitabh Bachanan one day.
In 2002, he decided to become a life insurance agent because he was very patient, polite and a good listener - these skills could help him become good at his role.
Although it wasn’t easy in the beginning but he kept getting better, by the end of the first year, he made 50+ policies and was on a roll. In the next few he made 1000+ policies and qualified for MDRT. He has qualified 14 times in the last 18 years, as of 2019 for MDRT. In 2017, the extravagant feet of signing premiums worth INR 40,00,000/- on the 1st day of the year itself to qualify for MDRT is a testimony of his ability. Until 2019 he has made 3800+ policies and in addition to that he manages 10,000+ policies which were not originally acquired by him but as part of his customer service in line with his goal is to become a successful Financial Advisor.
In 2018, he joined “Star Health” helping them make over 50 policies in the very first year. Mr. Pareek’s daughter, Ms. Khushboo Pareek, and wife, Suman Pareek, are also top level LIC agents since 2018. All of them now reside at Siliguri town in West Bengal which is an hour away from his hometown.
Life insurance in India made its debut well over 100 years ago. In our country, which is one of the most populated in the world, the prominence of insurance is not as widely understood, as it ought to be. Life insurance provides financial support to surviving dependents or other beneficiaries after the death of an insured and "Life Insurance of India" is the leading life insurance provider in the country.
Medicare or medical costs are rising year on year. For an individual who hasn’t saved that much money, arranging for funds at the eleventh hour can be a task. This is particularly daunting for seniors, given that most ailments strike at an advanced age. One way to provide for health-related/medical emergencies is by taking health insurance. Health insurance offers considerable flexibility in terms of disease/ailment coverage. For instance, certain health insurance plans cover as many as 30 critical illnesses and over 80 surgical procedures and "Star Health" is one of the top health insurance providers in the country.
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Mr. Pareek loves to travel, meet people and enjoys his meals. In his spare time, he indulges going to theatres to watch patriotic drama. He loves to watch motivational speaker talks and political debate on television. And one day hopes to play football with his old friends but that may be being too optimistic.