Become a POSP Insurance Agent
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Zero Investment50+ Insurer Partners
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- PAN India Services
- 15 Lac + Happy Customers
Benefits of Becoming POSP Insurance Agent
Training SupportExpert guidance for success
Instant PoliciesQuick and hassle-free issuance
Dedicated RM & TELE RMGet Personalized support anytime
- Timely Payouts
Guaranteed earnings without delays
What you can sell as Square Insurance POSP Agent?
What is POSP in Insurance (Point Of Sales Person)?
The Insurance Regulatory and Development Authority of India (IRDAI) oversees and regulates the insurance sector in India. To make insurance more accessible, IRDAI introduced the POSP (Point of Sales Person) initiative, allowing individuals to sell insurance after obtaining certification.
The full form of POSP is “Point Of Sales Person”. A POSP insurance agent is a certified professional, licensed by IRDAI who helps people buy insurance from companies. They act as a bridge between customers and insurance companies who explain different policies and help people choose the right insurance plan for their needs. They also answer customer questions and provide guidance on policy benefits.
Advantages of Becoming Insurance POSP Agent With Square Insurance
Be Your Own Boss
You work as per your needs and convenience by becoming your own boss. Set your own goals, and enjoy a pressure-free job with no strict targets.
Wide range of products to sell
According to IRDAI, a POSP agent can sell a wide range of insurance plans such as life, health travel, motor, and personal accidental policies as well as general insurance plans that need a minimum of underwriting.
Flexible Working Hours
This is not a fixed-time job. You have the leverage and flexibility to decide your working hours whether you wish to do the job part-time or full-time.
No Investment Needed
This is a zero money investment business. You can start your profession without investing any money and can get high and additional monetary returns.
Work from Anywhere
You do not need to lease a place to establish an office for the dealings. You can do the workings from your home only. You can contact the clients by phone and encourage them to use our user-friendly mobile app or website to purchase policies.
Unlimited Earning
There is no fixed income. Your income will depend on the number of policies you issue and the deals you close. So, the scope of earning money is infinite, there is no maximum limit.
Who Can Become an Insurance POSP Agent?
Anyone with good communication skills and a passion for helping people can become a POSP Insurance Agent! Simply register with Square Insurance, complete the training, and pass the IRDAI certification test to start your journey. Be your own boss and build a rewarding career today!
Student
Housewife
Businessman
Working Professional
Retired Person
Eligibility Requirements to become Insurance POSP Agent
To become a POSP (Point of Sales Person) insurance agent, you need to meet some basic rules set by IRDAI (Insurance Regulatory and Development Authority of India).
- 1 You must be a resident of India.
- 2 You must be 18 years or older.
- 3 You should have at least a 10th-grade education (Matriculation or equivalent).
- 4 You must have an Aadhar Card and PAN Card (original documents required).
- 5 You need to have a bank account in your name.
Easy Steps to become an insurance agent
- 01
Account Creation
This is the first step to becoming an insurance POSP Agent. Visit the Square Insurance website, click on the "Become a POSP" button, fill out the asking details, and create an account by providing a username and password.
- 02
KYC Document Verification
Upload copies of your KYC documents, such as your Aadhaar card, and PAN card. Your documents will be verified by our experts.
- 03
Training
You must complete 15 hours of training from Square Insurance. This training helps you understand insurance policies and selling guidelines.
- 04
Certification Test
After training, you need to pass a certification test conducted by us. The test can be taken online or offline.
- 05
License Approval
Once you pass the test, you receive an IRDAI-approved license that allows you to sell insurance legally. After getting your license, you can start selling insurance policies to customers.
Why Partner with Square Insurance
Trusted & Award-Winning CompanyWithout any doubt, Square Insurance is the best POSP insurance company and maker of the best insurance POSP in India. We provide the best support and opportunities for POSP agents to grow.
Minimal Paperwork, Hassle-Free ProcessWe have developed our structure of working in a way that ensures the minimum of paperwork and a hassle-free process of documentation.
Fastest Claim SettlementWe ensure quick and hassle-free claim processing so customers get their payouts on time without unnecessary delays.
Expert Training & SupportOur training and development team trains you for all unfavorable circumstances and provides timely updates so that you face a minimum of problems and enjoy a supportive environment during client meetings.
Be Part of a Reputable BrandJoining Square Insurance means working with a well-respected company. Our strong brand name helps you build trust with clients and grow faster in the insurance business.
Square Insurance POSP Mobile App
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"I'm impressed by the level of support and efficiency provided by Square Insurance technology solutions. Their web portal and mobile app have made it incredibly convenient for me to serve my clients, resulting in increased sales and customer satisfaction."
FAQs
POSP stands for "Point of Sales Person." It is a person who sells insurance policies.
A POSP is an insurance agent who helps people buy insurance policies. They explain the plans and help customers choose the right one.
To become an insurance agent, you need to complete training and pass an exam. After that, you can start selling policies to customers.
To become an insurance agent, you usually need to be at least 18 years old and have at least 10th or 12th-grade education.
The minimum age to become an insurance agent is 18 years.
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