How to become a motor insurance agent

A motor insurance agent is an individual who works with an insurance company to sell motor insurance products. By becoming a motor insurance agent, you can help vehicle owners select the right policy for their vehicles.

Become-motor-insurance-agent

Why Become Motor Insurance POSP Agent with InsuranceDekho

  • Work directly with team InsuranceDekho:

    As a POSP partner, you will work directly with the InsuranceDekho 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 InsuranceDekho

  • 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

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Disclaimer

This article is issued in the general public interest and meant for general information purposes only.
Readers are advised to research further in this regard.

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