The insurance market has gone through a sea change in the digital scenario. More people are logging on to the internet to buy and renew their insurance policies. Be it your bike, car, or two-wheeler, you need insurance to protect yourself against its loss. If any person wants to have a career in insurance, then this POSP agent is one lucrative opportunity. In this detailed guide, learn about becoming a POSP agent and the online insurance selling platform.
Who is a POSP Agent?
A POSP (Point of Sale Person) agent is a person licensed to sell insurance policies of insurance companies. A POSP agent can offer a whole lot more than what could be sold by the traditional insurance agents in the past, including life insurance, health insurance, motor insurance, and so on. Therefore, the POSP agent will play a very important role in reaching insurance to all customers through online buying and renewal of POSP insurance policy. As the need for having insurance products rises, so does the need for POSP agents, hence becoming one is an excellent career option.
How to Become a POSP Agent
To become a POSP Agent, some eligibility criteria needs to be met along with training. Becoming a POSP agent involves the following process:
Eligibility Check: The minimum educational qualification is usually a 10th pass. Some companies may, however, have higher educational eligibility criteria.
Training: Once you become qualified, you have to undergo a certain number of hours for the same, which is mandatory training. Again, it differs from one insurer to another. It will help you gain a deep understanding of the insurance products you are going to sell.
Certification: At the culmination of the training, you have to pass an examination conducted by IRDAI. After passing the examination, you would be provided the POSP agent ID and you will be certified to sell insurance.
Onboarding: Once certified, you can get onboarding with an insurance Company or Intermediary. Normally this step involves signing a contract that spells out the role and related commissions of the agent.
Benefits of Becoming a POSP Agent
Several advantages come along with the decision of becoming a POSP agent. These are:
Flexibility in Work Environment: As work can be done from anywhere, POSP agents can balance their work and personal life easily.
High Earning Potential: What this commission-based model translates to is that you get more money by selling more policies. Other words, there is no limit to your earning potential.
Career Advancement: A person experiences a lot and can obtain a better clientele. Hence, there is always a scope for career growth, such as a senior adviser or a team leader of agents. Social Contribution: You are making people insure themselves, hence providing them security and financial well-being.
Role of AapKaPolicyWala
AapKaPolicyWala plays a pivotal role in this ecosystem by providing aspiring POSP agents with necessary tools and resources to succeed. To make sure the agents are well equipped to offer the best service to customers, they have training programs, certification assistance, and ongoing support. This is not enough; the AapKaPolicyWala.com also gives a platform whereby customers can access products easily and, in turn, will be a one-stop solution for the agents and clients. If you Want to Become a POSP Today, then AapKaPolicyWala is just the right ipartner agent login that you need to associate with in order to achieve your aspirations in career.
Bike Insurance Online
It is pretty simple to buy and renew bike insurance online for insuring your two-wheeler in this digital age. There is no hassle involved with online platforms as you can compare the policies, check all the details with regard to coverage, and buy within a few clicks.
How to Buy Two Wheeler Insurance?
The Indian Legislature has made Two Wheeler Insurance compulsory under the Motor Vehicle Act of India. It assures financial protection for damages to one’s bike/scooter and covers third-party liabilities. There are two types of 2 wheeler insurance:
Third-party insurance: This is the minimum statutory legal requirement that provides one with damages or injuries caused to a third party.
Comprehensive Insurance: This involves liabilities to third parties and damages to your own vehicle, so the coverage is broader.
How to Buy and Renew Two Wheeler Insurance Online
You can buy and renew your Bike Insurance Policy online easily in the following steps:
Insurance Website: Log on to the website of the insurer or comparison portal.
Enter Vehicle Details: Enter details, such as the make, model, and registration number of your bike.
Compare Plans: View policies and compare them based on coverage, premium amount, and add-ons.
Select the Policy: Choose the insurance policy that suits your requirements and which you can pay for.
Pay: The last step involves paying the premium online.
To renew your two-wheeler insurance, you will have to follow the same process wherein you will have to provide your old policy number and details of your vehicle.
Just like that for bikes, a car insurance policy is necessary to protect it from any mishap. Buying Car Insurance Online saves time and enables one to get the Best Car Insurance Policy suiting the needs.
Types of Car Insurance Policies
Basically, there are two kinds of car insurance policies, viz.
Third-Party Liability: When there are damages or injuries caused to another person somehow, his or her vehicle is covered under it.
General Insurance: This variant involves solely third-party liability without damages to one’s car.
How to Renew Car Insurance Online
Renewing your Car Insurance online is quick and hassle-free. The steps to renew the same are as follows:
Enter Log-in: In case you already have a policy in place, log in to your account on the insurer’s website.
Input Policy Details: Mention your existing Car Insurance Policy number and any other details that may be required.
Review and Update: Check the details of the policy and update them if required.
Add-Ons: It offers a range of add-ons that includes zero depreciation, engine protection, etc.
Make Payment: Once you are good with the policy, make the payment to the Car Insurance Online Renewal procedure.
Why Online Channels for Car Insurance
Digital Insurance is often beneficial in many ways highlighted below:
Accessibility: It is always possible to make a purchase process or renewal from anywhere and anytime.
The online media have comparison tools that enable customers to compare different policies and make wise decisions.
Discounts and Offers: Almost every insurance provider offers a special discount to customers who buy or renew insurance policies online.
Instant Policy Issuance: On successful payment, the policy document is instantly received through email.
Conclusion:
Embrace the Digital Insurance Revolution It has never been easier to buy or renew an insurance policy online. Whether it is the best two-wheeler insurance or the best policy for car insurance searched for, online platforms are an easy and hassle-free way to get the right coverage. Now, in case you want to be a part of the insurance sector, being a POSP agent turns out to be the best opportunity. It provides flexibility and proven capability in a career. With resources like AapKaPolicyWala, guidance is offered at all times, be it for the aspirant agents or the customers, for their entire insurance journey.
Embrace the power of digital insurance today, insuring your assets with great ease and confidence.
