How To Become an Insurance Agent?
Post-COVID-19, there is a certain shift in people's working patterns. Earlier, we used to commute to the office to get our job done. However, now we hunt for work-from-home or remote opportunities. Isn’t it? If you are one of them, apply to become a POSP insurance agent.
Wondering who a POSP agent is? They are individuals who associate with insurance companies to sell insurance. To put it simply, a POSP insurance agent is a person who guides you through different insurance plans and helps you buy the best one as per your specific insurance needs. The insurance advisors earn a commission in exchange for providing advice and insuring individuals. So, are you already fascinated by becoming a POSP insurance agent? Keep reading to find out the process!
Process To Become a POSP Insurance Agent
The step-by-step guide to becoming a POSP insurance agent is discussed below:
Eligibility Criteria
- Your age should be 18 years old or above
- Must have qualified for the 10th grade
- Aadhaar or PAN card that is linked to your bank account
- Certification of the 15-hour IRDAI training program
Steps You Need To Follow
- Go to www.pos.insurancedekho.com or download the IDedge mobile application.
- Sign up by providing your personal information.
- Undergo the KYC process for verification.
- Complete the IRDAI training course.
- Schedule the onboarding training exam online.
- Pass the examination and sign the agreement with InsuranceDekho.
Benefits of Becoming a POSP Insurance Agent
The benefits of becoming a POSP insurance agent are as follows:
- It is a work-from-home opportunity. Therefore, you can work anywhere, anytime at your convenience.
- Start earning at an early age. The minimum age criteria to apply to become a POSP insurance agent is 18 years.
- It is a zero-investment business opportunity. The only investments that you need to make are your time and efforts.
- Since the earnings of a POSP insurance agent depend on the number of policies sold, you can build a higher wealth by selling more insurance plans.
Insurance Plans That An Insurance Agent Can Sell With InsuranceDekho
InsuranceDekho provides many protection plans to cater for the unique needs of the customers. Therefore, a POSP agent can understand the needs of their clients and sell any type of insurance plan. Here are some types offered by the company:
Health Insurance:
It is a protection plan that provides financial protection against medical emergencies that may arise in the future.
Motor Insurance:
It is the type of general insurance plan that covers loss or damage that happens to a vehicle. Furthermore, it is mandatory for all vehicles in India to buy third-party motor insurance. It provides financial protection against expenses arising due to loss or damage that happens to a third party.
Life Insurance:
It is a type of savings and protection plan that provides coverage for an individual’s life. To put it simply, life insurance plans provide financial security to the nominees in the event of the demise of the insured. Furthermore, these plans are great savings products, as the policyholders get a maturity benefit for surviving the policy tenure.
Term Insurance:
It is a type of life insurance plan that financially protects the family for the life assured. Term plans are pure protection plans, and hence no maturity benefit is paid to the policyholder. In simple terms, a term insurance plan only provides a death benefit to the nominee in case of the unfortunate demise of the policyholder.
Conclusion
In conclusion, a POSP insurance agent is a person who works with insurance companies to sell insurance plans. Anyone who is 18 years of age or older can become a POSP insurance agent by following the above process. For more details, you can visit the POSP website of InsuranceDekho.
