Company
Choice Retail Solutions Private Limited, Sunil Patodia Tower, J.B. Nagar, Andheri (East), Mumbai 400099.
To become a Health Insurance Agent online through Choice Connect, you need to be at least 18 years of age, holding a minimum of a 12th-grade educational qualification. You must also complete the POSP Training and get certified for the same. Apart from that, being self-driven with a knack to sell products will be the basic requirement to become a health insurance broker through us.
A health insurance agent is a professional who is well-versed in providing health insurance products that are either directly related to insurance companies or through insurance service providers. This may include health related insurances such as mediclaim, family health insurance or individual insurance to customers by negotiating contracts with them.
They are responsible for providing guidance to customers by giving best-fit advice to them. That includes making sure their requirements are fulfilled by the ascertained policy while also not buying more coverage than you need. Most agents also help businesses by providing secure coverage to employees each year. This acts as a retention strategy for corporates thus benefiting the employees.
Health insurance agents do not provide or administer health insurance policies themselves. Instead, they are aligned to platforms such as Choice Connect that give them a wide array of options for policy requirements. Choice Connect, as a financial service provider, is associated with numerous insurance companies that further facilitate CBA ( Choice Business Associates) to serve their clients with the best possible insurance cover.
Here’s the reason of how a health insurance agent can help you as a consumer:
Anyone who has a keen interest in the health related field or is passionate about creating wealth through a passive income method and serving the society both can become a Health insurance agent. Candidates who wish to opt for an alternate career can register themselves with a service provider i.e. Choice Connect.
First of all to start a new journey as an agent your age should be above 18 years and have completed the specific hours of training as mentioned by IRDA.
Students who are 18 and above can start their earnings by joining our platform and become their own boss at such an initial stage of their career.
The joy of serving the society and earning comes in very few sectors. Being a health insurance broker gives you the opportunity to serve the society and protect them through your knowledge by creating awareness about health related products as this provides the insurer with financial stability thus leading to better treatment methods and medical securities.
With your association at Choice Connect, you will get your payouts within a month’s time.
Agents can work from anywhere anytime with the flexibility of home and office.
Every insurance company has attached a percentage of commission to the policies. Hence, the maximum number of policies sold withhold the incentive value earned. The advantage to be associated with a service provider platform is you can work with several insurers.
In India, health insurance agents are earned through a commission on the premium generated or on salary basis, in case you are working directly with an insurance company. Choice Connect offers one of the best facilities and a great opportunity to earn the highest commission from various insurance companies.
Different types of roles and responsibilities Health insurance agents have to fulfill in order to gain achievements in the field of insurance
The Roles and Responsibilities of a health insurance agent are as follows:
In India, most of the insurance agents get their compensation in the form of commission that is equivalent/ more than a salary.
The amount of premium generated defines the amount of commission. However, most insurance companies offer an attractive commision on the premium.
The insurance sector is vast and has a great potential and for someone who wants to look up to a full-time profession, being a health insurance agent can be a good option.
Candidates who are above the age of 18 and have minimum education qualification till class 12th are eligible to start a career in the field of insurance agent. But in some cases, someone who has passed out of school but has vital talent and experience in sales may also be able to become an agent.
To become a health insurance agent one should be familiar with health insurance-related terms for which he/she has to attain a complete 15 hours training program preferred by IRDA.
This training program will give you a complete overview of the field you are interested in and with the completion of this program, your exam will be conducted.
So on fulfilling all necessary criteria you will be professionally known as a Health Insurance Agent and a CBA. But the skills of persuasion, selling and marketing are the most wanted skills these days in the field of insurance. So make sure that these skills are surely inculcated in you.