How to Become POSP Insurance Agent In Chandigarh
In 2015, IRDA came up with a new category of insurance distributor known as PSOP. The main reason to introduce PSOPs is the rapid growth of the insurance sector. But who are PSOPs? They are the individuals who bridge the gap between the insurance seller and the customers.
If you are looking forward to starting your career as a POSP (Point of Sale Person), this blog is for you. All the information relating to eligibility criteria, benefits, and steps is discussed to help you with the same.
What are the Eligibility Criteria for Becoming a POSP Agent
To become a Point of Sale Person, you have to fulfill five major conditions, which are as follows:-
- Your age should be at least 18 or more.
- You must have passed your 10th examination.
- Aadhar and PAN cards are required.
- You must have your personal bank account.
- You must be a citizen of India.
What are the Steps to Become a POSP Agent in Chandigarh?
The process to become a PSOP agent is simple and easy to follow. Here is a guide to make it simpler for you:
1. Create Your Account
You have to create an account on the official website of Square Insurance. After filling in all the required information, register yourself with a UserID and Password.
2. KYC Verification of Documents
The insurance company will verify your documents, including your PAN card, Aadhar card, and bank statement. It is performed to avoid any fraud relating to the identity or address of the applicant.
3. Complete Online Training and Test
After document verification, you become eligible for 15 hours of online training. As per the regulations of IRDA, one training session is conducted for POSP agents, which lasts for 2-3 days.
Then you have to appear for an exam, IC-38.
4. Start Your Career
Once you pass the exam, you can start your career as a POSP agent in Chandigarh.
Why Become a POSP Agent at Square Insurance?
A POSP agent gets several benefits for financial and career growth. A company like Square Insurance offers many skill development opportunities for the same. Some of them are as follows:
1. Paperless Work
There is limited use of paper in our company to make the sale purchase experience of policies simpler.
2. Qualified and Trained Team
You will have the best experience of learning from our training and development team. They will not only help you to perform efficiently but give the best advice in case of any issue.
3. Work from Home
You can earn money from the comfort of your home after becoming a POSP agent in Square Insurance. Our online tools will help you with the same and make your task easier.
Conclusion
The POSP agent job profile is reward-giving, requires zero investment, is flexible, and easy to start. By becoming a POSP agent, you can start your career at a very young age. After going through the blog, you must have gotten a better understanding of the requirements, steps, and benefits of this job profile. If you want to know more about this, feel free to contact us on our customer service number.
Who is a POSP agent?
A POSP agent is a person who bridges the gap between the insurance seller and the customers.
What are some benefits of becoming a POSP agent?
Some of the benefits of becoming a POSP agent are as follows:
- Zero investment
- Flexible working hours
- Work from home
Is the procedure of becoming a POSP agent in Chandigarh different?
No, the steps are the same for every Square Insurance branch office. You have to follow the same procedure, including:
- Registration as POSP agent
- KYC verification
- Training and test
- Get license
What is the duration of the training session?
Training is conducted for 15 hours and gets completed within 2- 3 days.
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