POSP Insurance Agent Exam Everything You Need to Know
A POSP insurance agent is a professional who helps connect insurance companies with customers. They explain different insurance policies and help people find the right one.
Becoming a POSP insurance agent is a great way to earn money from home, without needing to follow strict office rules. You can sell insurance at your own pace and earn commissions on each sale. To become a POSP agent, you must pass the insurance advisor exam given by the IRDAI (Insurance Regulatory and Development Authority of India). In this blog, we’ll look at the POSP Insurance agent exam to help you understand it better.
POS Exams in India
To become an POSP insurance advisor with a company or a broker, you need to pass the IC 38 exam. This is the main way to start working as an insurance agent and earn commissions by selling different insurance policies.
Let’s go over the details of this exam:
1. IC 38 Exam Eligibility
To apply for this exam and become insurance POS agent, you must meet some basic requirements:
- You should be at least 18 years old.
- You should have passed Class 10 if you live in a rural area or Class 12 if you live in an urban area.
Once you meet these criteria, you can take the exam and get your license.
Topics Covered in the POSP Insurance Agent Exam
To start, you’ll need to complete the training required by the IRDAI (Insurance Regulatory and Development Authority of India). This training will teach you all about important insurance topics. Here are the main topics covered in the training:
- The insurance market and different ways to sell insurance.
- Basic ideas about insurance.
- What insurance is, why we need it, and what it does.
- Important insurance words, like risk, peril, and hazard.
- Main rules and principles of insurance.
- Tips for selling insurance.
By learning these topics well, you’ll be ready to take and pass the insurance advisor exam confidently.
How to Register for the IRDAI Exam
To sign up for the POS insurance advisor exam, first, choose an insurance company or brokers agency with whom you want to work with. Then, fill out a registration form from that company with your details and pay a registration fee set by IRDAI.
After completing the form and paying the fee, you’ll be registered for the exam. Next, you must complete a training program required by IRDAI before you can take the exam to become an POSP insurance agent.
Conclusion
The PoSP (Point of Sale Person) insurance license is now very important for people who want to become insurance advisors, and it’s very popular. This certification is required by IRDAI (Insurance Regulatory and Development Authority of India) and comes with many benefits.
So if you are thinking of becoming an insurance POS agent, get in touch with our team. With Square Insurance, you can start your insurance career with ease.
What is a POSP Insurance Agent?
A POSP Insurance Agent is someone who helps people understand and buy insurance by connecting customers with insurance companies.
Why should I become a POSP insurance agent?
Becoming a POSP agent lets you earn money from home by selling insurance at your own pace. You can earn commissions on each policy you sell.
How do I become a POSP insurance agent?
To become a POSP agent, you must pass the IC 38 exam after completing the required training and meeting basic requirements like age and education.
What are the requirements for the IC 38 exam?
You must be at least 18 years old. If you live in a rural area, you should have passed Class 10, and if you’re in an urban area, you need to have passed Class 12.
What topics are covered in the POSP training?
The training covers the basics of insurance, important terms, ways to sell insurance, and the main rules and principles of insurance.
By clicking on You, Agreed to our Privacy Policy Terms of use *Disclaimer
- 5.5 CoreRegistered Consumers
- 51Insurance Partners
- 3.4 CorePolicies Sold