Who Is A POSP -
An insurance agent who is qualified to offer particular insurance products is known as a POSP (Point of Salesperson).
You simply need to complete our programme and meet the IRDAI's minimal educational requirements in order to become a POSP. Read on to discover more about becoming a POSP and its advantages.
What goods are available as POSPs?
You may market health insurance, international travel insurance, personal accident protection, and SFSP insurance with Digit Insurance.
What advantages do POSPs enjoy?
own a business of your own. When it suits you, work. You are in command here!
You decide when to work and whether to work full- or part-time; there are no predetermined hours.
Use online tools to sell insurance and work from anywhere, including your home!
With just 15 hours of training, you might learn everything there is to know about insurance. We could provide you with all of the you need to know.
Earn a significant income - Your income will depend on the number of policies you issue.
There are no fees or investments required to join. All you require is a smartphone or Computer with just an internet connection!
Who can become a POSP?
College Students -
This can be an excellent alternative for you if you're pursuing higher education but would still like to spend some time earning extra money.
spouses and homemakers who stay at home
If you have the time and are a stay-at-home parent, you might choose to become a POSP and provide your family with additional cash.
Retirees -
You are still able to work as an insurance agent despite retiring. Spend as much time as you like working whenever you want in the convenience of your home.
Businessmen/Businesswomen -
You can choose to become a POSP if you already run a business but still want to do extra things on the side. You can work as much as you like and yet make extra money.
What requirements must one meet to become a POSP agent?
You must be over 18 years old, have finished at least Class 10 of your education, have a valid Aadhaar Card, and a valid PAN Card in order to work as an insurance agent.
What paperwork must I provide?
The following documents are required for registration. These must all be self-attested (signed by you)
Pass certificate for classes 10 and up
PAN card and Aadhaar card copies (front and back)
A rejected check (with your name on it)
A picture.
Does the PAN Card holder have to be the same as the bank account holder?
Yes, TDS is applicable to all paid commissions. Based on your PAN card, TDS is credited to the income tax authorities.
When may I begin marketing insurance?
You can start preparing for the PoSP exam as soon as you register with us. You will be given an eCertificate if you take the exam and pass it. As a PoSP agent, you are then prepared to begin selling insurance.
Does becoming certified as a POS person require any formal training?
Yes, you must finish the programme in order to become a POSP. It will cover a variety of subjects, such as insurance fundamentals, different types of policies, the issuance and claims processes, rules and regulations, etc.
