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PoSP

In 2015, the IRDAI (Insurance Regulatory Development Authority of India) developed a new form of license for insurance consultants called a PoSP (Point of Sale Person). Insurance consultants work for a single firm and can only offer products from that company in a particular category, such as life or non-life insurance.

Customers nowadays, however, have higher expectations: they want to know all of their alternatives and seek guidance from consultants on how to select the finest product. You can do this with a PoSP (Point of Sale Person) license or certification. Become a POSP Insurance Agent 0r As a PoSP (Point of Sale Person), you’ll be able to sell products from a variety of insurance carriers, including term life, ULIPs, endowment life, auto, health, personal accident, home, and travel. As a result, a PoSP (Point of Sale Person) license encompasses a broader scope than a standard insurance advisor license. Therefore most individuals now take the PoSP (Point of Sale Person) option for advisor career.

How can you become a
PoSP advisor?

This is where Policy Ensure comes into play. Policy Ensure launched a mobile application and website, Policyensure.com, for both aspiring and experienced insurance consultants to sell insurance plans. The insurance sector has benefited greatly from technological advancements and increased online accessibility.

What used to be a time-consuming activity requiring an insurance advisor to meet with people one-on-one to sell insurance products can now be completed in just a few taps with the Policy Ensures app. If you want to be one, all you have to do is meet the IRDAI’s minimum educational requirements (10th-grade pass) and go through our training.

To become a qualified PoSP advisor, simply follow these simple steps.

Benefits of being a Policy Ensure PoSP

By becoming self-sufficient, you will be a part of a $400 billion business by 2030 if you choose to Become a POSP Insurance Agent. And you don’t have to invest thousands of money to become an entrepreneur; you can start with nothing. In the PHYGITAL method, you can get trained without any time constraints. And you can earn a lot of money with Policy Ensure for yourself and your family.

You know what else you’ll get!!

Become an entrepreneur in a $400 Billion industry by 2030

Zero investment required for a million-dollar opportunity

Free POSP training under IRDAI guidelines

Flexible working hours

PHYGITAL platform for remote/work from home scenarios

Earn a high income for yourself and your family

Start earning at a young age and become independent

Complete backend support for seamless working

Hassle-free, instant, and paperless policy issuance

Opportunity to work for 20+ insurance providers

Get professionally trained on motor, accidental, and cattle insurance products

Who can become a PoSP?

College Students

Homemakers

Retirees

Business Person

To become a certified PoSP, what documentation is required?

Educational Certificate, minimum 10th class Passed or Higher Degree Required.
Aadhar Card.
Pan Card.
Bank Details ( Passbook/ Cancel Cheque with clear name mentioned )
Passport size Photograph
Email Id and Mobile No.
Noc Certificate (if already associated with another Broker / Insurance Company then you have to provide a valid No Objection Certificate from your previous organization)

What can you sell as a PoSP?

Become a POSP Insurance Agent