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 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.