How to become a motor insurance agent

Why Become Motor Insurance POSP Agent with Policy Planner

• Work directly with team Policy Planner:

  As a POSP partner, you will work directly with the Policy Planner team. No middlemen are involved in the process.

• Strong customer support:

  To help you assist your clients better, we offer you 24*7 customer support that allows you to sell health insurance in a hassle-free way

• Quick commission settlement:

  Your commissions will be settled quickly within 15 days of policy issuance

How to Become a Motor Insurance POSP Agent?

The simple way to become a motor insurance POSP agent is by completing the POSP insurance agent certification course. By becoming a point of salesperson, you become eligible to sell both life and general insurance products. To become a motor insurance agent, you need to fulfill the basic eligibility criteria and appear for the POSP certification exam.

Requirements and Qualifications to Become POSP Insurance Agent

To become a POSP insurance agent, you need to fulfill the below requirements

• You should be above 18 years of age
• Should have completed education up to class 10
• Have a valid Aadhar card PAN card
• Should have completed the compulsory 15 hours training course prescribed by the IRDAI

How to Become Motor Insurance Agent with Policy Planner

• Sign up on the platform by filling out the POSP form and uploading the required documents
• Complete your 15 hours training
• Appear for the prescribed examination and pass it
• Sign the agreement to become a certified motor insurance POSP

How Much Can You Earn by Becoming a POSP Insurance Agent?

Your income as a motor insurance POSP agent depends on the number of policies you sell. The higher the number of policies you sell, the greater your income will be. As a motor insurance POSP agent, you can sell life insurance policies as well. The commission offered to a motor insurance agent depends on the type of policy and vehicle you insure.

Why Become a Motor Insurance Agent?

• Be your boss:

  One of the biggest advantages of becoming a motor insurance POSP agent is that you get the freedom to work at your convenience.

• No time constraints:

  Decide whether you want to work part-time or full-time depending on your convenience.

• Work from anywhere:

  As a motor insurance POSP agent, you can work from home or any place of your choice

• 15 hours of training:

  All you need to do is invest 15 hours to become a certified POSP and you can earn from anywhere

• High earning potential:

  Depending on the number of policies you sell, you can earn well

• Zero investment:

  You don’t need to invest heavily to become a POSP agent. All you need to do is complete the required 15 hours of training and pass the examination.

FAQs related to Motor Insurance POSP Insurance Agents?

• When can I start selling motor insurance as a POSP agent?

  As soon as you pass the IRDAI-prescribed examination, you can start selling motor insurance as a POSP agent

• What are the criteria to become a motor insurance POSP agent?

  To become a motor insurance POSP agent, you must be at least 18 years of age and should have completed class 10, and have a valid aadhar card and PAN card.

• What are the documents I need to submit to become a motor insurance POSP agent?

  The below documents are required to become a motor insurance POSP agent

  • Copy of your Aadhar and PAN card
  • Class 10 certificate
  • Canceled copy of the cheque along with a photograph