Join thousands of car insurance agents earning from home with
flexible working hours, zero investment & full support
from day 1.
unlimited commission
investment needed
it works for you
at one platform
Get trained & certified as a POSP
Easy-to-Share marketing resources
Rewards & recognition for top performers
Dedicated partner & end-to-end claim assistance
Multiple product options
Clear and fair earnings
First, let's understand what POSP is. Point of Sale Person is a process of becoming an authorised person to sell insurance (health, life, car, etc.) directly to customers. The best part? Almost anyone can start! You just need: Age 18+, Minimum 10th pass, Aadhaar or Pan card. That's it! No office, no degree, no investment—just the will to grow.
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Ready to start? You bring the passion. We bring the platform.
A car insurance agent is an individual who helps you protect your car from any primitive accidents or uncertain circumstances by means of accurate insurance policy. The primary role of a car insurance agent is to provide a shield to your vehicle by facilitating you with the right policy.
A Car Insurance policy can cover the insured party, the insured vehicle, and the third parties (car and the people) against which the car owner has to pay a premium. However, acquiring the right policy is not an easy task. That's why one should opt for a car insurance agent.
The car insurance agent helps you procure the right policy at the right price. Currently, there are more than 100 policies available for car insurance. But, one needs to screen the apt one before purchasing a policy. Moreover, every car is different and demographics also have an important role to play in defining a car insurance policy premium. The agent, as a subject expert, shall provide you with enough information based on the type of car, the policy and keep in consideration the other factors before offering you a policy which may otherwise be a hassle.
The criteria specified by the IRDA to become a car insurance agent is such that anyone and everyone from any walk of life can be a part of it.
Anybody who has a passion for cars and wants to earn a passive income can become a car insurance agent. This could be a student over the age of 18 years looking forward to making additional pocket money or a housewife who wishes to contribute to her household income or a retired person wanting to channelise his network and experience can aim to be a car insurance agent. Other than that, working professionals can also opt for it as a part-time career option.
The format designed by the insurance industry paves a way for every individual to channelise his opportunity by building a network. He/she doesn't need any kind of investment as there are no fixtures attached. All you need to do is associate with an insurance company or insurance service provider by fulfilling the required criteria and get started as an insurance agent. Your earnings will depend on the amount of policies sold.
If you are passionate about cars, being a car insurance agent can be an added advantage to you. You can easily convince, guide and mentor the insurer to acquire the right policy.
Get financial growth and stability with passive earnings without quitting your current occupation.
If you are someone who likes to work on your own terms and have the inclination of building your own business, being an insurance agent may be your first step to success.
A number of training and webinars are provided by experts in the industry. You can learn a number of things especially in terms of self-development and career growth.
Being a part of the insurance industry gives you an opportunity to work with respected financial brands.
No targets, no time restrictions, and loads of flexibility.
Every insurance company has predefined a value that an agent would receive on selling the policy. These predefined values are commissions which are earned on the premium generated.
The automotive sector has seen a sudden rise since the last decade which has created opportunities to pursue a career as a car insurance agent and make a decent income through commissions.
A car insurance agent may either earn a commission or a salary depending on whom he is working for. If you have enrolled through a service provider platform such as Choice Connect, you can experience working with multiple brands. However, if you are committed to a specific insurance company, you may earn through a commission or a salary.
The primary role of a car insurance agent is to ensure an end-to-end service associated with insurance. This includes:
The salary or a commission of a car insurance agent is commensurate with the policy he sells. The commission is earned through the premium that he generates on selling of the policy.
The government has ensured a decent percentage of commission to encourage the insurance sector as a profession. However, it depends on the individual to decide upon the targets and numbers. It also depends on the policy, as every policy is subjective of the defined incentive.
You can become a part of the insurance sector not only as a policyholder but also as an insurance agent. To become a car insurance broker with Choice Connect, here's what you need to do:
You must be at least 18 years of age to become a car insurance agent.
As a car insurance broker, you must qualify for your 12th grade.
You must complete the POSP Training and get a POSP certification.