Who can become a POS insurance agent?

The penetration of insurance in the nation has been low. The same can be attributed to the lack of trained professionals who can help insurance companies to deliver their products to the grassroots.

Even if the customer is searching for motor insurance or health coverage, only a certified agent can deliver the appropriate results. To overcome this problem, the recruitment of a POS insurance agent is recommended by IRDAI.

Why do businesses need a POS insurance agent?

A POS insurance agent represents the company that sells insurance products on behalf of the same. 

To become such an agent, you need only a minimum educational qualification and training. Thus, when you qualify for the same, you can sell any of the following products - 

• Travel medical insurance
• Car insurance
• Bike insurance
• Personal accident coverage
• SFSP insurance coverage
• Health insurance in India

Why become a POS insurance agent? 

Here are a few advantages of becoming such an agent - 

• You are your boss. You get to work at your convenience and ease
• There are no fixed timings. You can work full-time or part-time and sell critical products like health insurance in India.
• You can work online or offline. 
• You do not need any special education program to become an agent. If you have passed class X, you can train to qualify for the same.
• To sell high-end products like travel medical insurance, you merely need to undergo a 15 hours training program.
• Your income is directly proportional to your efforts. The number of policies you issue decide your take-home package.
• To become such an agent, you do not need to pool your funds. It is one of the easiest ways to achieve an expansion plan for your existing business.
• You can even become an agent if you are a student, a homemaker, planning a career transition, taking a career break, etc. 
• Your liability as an agent is limited. It means the job is relatively free of stress.