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To become a Motorbike Insurance Agent through Choice Connect, you need to be:
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Years of ExperienceBike Insurance (also known as two-wheeler insurance) is a vehicle insurance policy that protects your motorcycle or scooter from any damage or risks caused by accidents, thefts, or natural disasters. The insurance is a shield to protect your two-wheeler from losses incurred due to unavoidable circumstances. Also, it covers any third-party liabilities arising due to the injury of one or more individuals. ...Read More
A Bike Insurance policy covers protection for all types of two-wheelers like motorcycles, moped bikes, and scooters. The insurance cover is a safety net for financial losses caused due to the damages caused to the motorcycle. The premium depends on the kind of insurance you opt for your two-wheeler. Consult with your two-wheeler insurance agent before purchasing a policy.
There are three types of bike insurance coverage in India. It is always better to add covers along with the basic bike insurance policy from your bike insurance agent to safeguard yourself from financial losses caused due to an unfortunate event.
Liability-Only Insurance Plan
The Liability-only plan also known as the third-party bike insurance plan is the most basic of all kinds of coverages. It protects the insured against all the third-party liabilities including injury/death of the third party individual/two-wheeler. However, the insurance plan does not cover any damages caused to the insured’s bike.
Standalone Bike Insurance Plan
The Standalone Bike Insurance Plan provides coverage for the damage caused to the insured’s bike/two-wheeler only. It does not cover any damage caused to the third party. So, if you purchase a standalone bike insurance plan, you need to purchase a separate third-party add-on cover to meet the legal requirements as per the Indian Motor Act of 2022.
Comprehensive Bike Insurance Plan
A comprehensive bike insurance plan, also known as a package bike insurance plan covers all the shortcomings of a third-party two-wheeler insurance cover. It is one of the best coverage plan as it includes all types of damages incurred to the insured and third-party damage. So if there is an unfortunate incident, then the comprehensive bike insurance plan secures the loss for both the insured and the third party.
You can become a Motorcycle Insurance Agent at the convenience of your home. Whether you are a working professional, businessman, student, or housewife, if you are looking for extra income for yourself and your family, you can become an insurance agent with us.
To become a Two-Wheeler Insurance Agent with Choice Connect you have to :
Step 1: Register on Choice Connect
Step 2: Apply for POSP Training
Step 3: Get POSP Certified
Step 4: Refer Clients
Step 5: Track Lead Status
Step 6: Receive Payout
Not only as a policyholder, now you can become a part of the insurance sector by becoming an insurance agent with us. To become a bike insurance agent with Choice Connect, here’s what you need to do.
Eligibility Criteria Of A Motorcycle Insurance Agent
Age Criteria
The age of the individual must be at least 18 years.
Educational Qualification
The individual must complete their 12th grade.
Training and Certification
The individual must complete the POSP Training and get a POSP certification.
The Government of India has made it mandatory to have a third-party bike insurance policy for every bike owner. The reason is the increase in road accidents. According to the Ministry of Road Transport and Highways, two-wheelers contribute to 34% of road accidents in India. So, it is best to opt for a top-up along with the basic policy from your motorcycle insurance agent to protect during emergencies and any unforeseen circumstances.
Choosing the right two-wheeler insurance policy among so many insurance companies in India can be a daunting task. The best policy is obviously the one that suits your requirement and fits your budget. You need to:
In India, most bike owners opt for a bike insurance policy because it is an obligation. Most of them are not aware of the importance of a bike insurance policy when buying a new bike. So, before buying a bike insurance policy online, you must compare the policies in the market, understand the nuances of bike insurance, and that provides maximum coverage in your budget.
Read LessChoice Retail Solutions Private Limited, Sunil Patodia Tower, J.B. Nagar, Andheri (East), Mumbai 400099.
+91- 8124242424
support@choiceconnect.in