Become a POSP Agent

What is a POSP?

A Point of Sales Person (POSP) is a licensed agent who is authorized to sell insurance policies to customers. The POSP acts as an intermediary between the customers and the insurance company/insurance broker and provides information about the available policies, helping customers choose, the right policy and process the sale.

Benefits of Becoming a POSP

By signing as a POSP with Policy Leader, one can avail the following benefits.

Flexible Working Hours:As a POSP, you have the freedom to work at your own pace and convenience, without any fixed work hours.
Additional Source of Income:POSP offers you the opportunity to earn additional income, as you can earn commissions on every insurance policy sold.
Low Investment:Becoming a POSP requires minimal investment, as Policy Leader will provide all the necessary training and support.
Personal Development:POSP offers opportunities for personal development through training and acquiring knowledge about insurance policies.
Customer Service Skills: POSP role requires you to interact with customers regularly, which helps you to develop excellent customer service skills.
Independence: As a POSP, you can work independently, which gives you the freedom to choose the clients you want to work with.
Job Security:The insurance industry is a growing sector, which means that becoming a POSP offers job security and stability.
Growing insurance cover need:As Indians, we live in a highly risk prone society. Increasing awareness, towards the reduction of the risks associated with life, limb and assets; has increased the business opportunity for POSPs.

Why Choose Us to Become a POSP?

Here are a few reasons why becoming a POSP with Policy Leader can be an excellent idea for your career growth.

Wide Range of Insurance Products

Policy Leader offers a wide range of insurance products from various insurance companies, giving POSPs the flexibility to offer customers the best possible options.

Robust Training and Support

Policy Leader provides comprehensive training and support to POSPs to help them excel in their roles, including product training, sales techniques, and customer service. Each POSP will have to undergo a fifteen (15) in-house training conducted by Kataria Insurance Brokers P. Ltd. There will be an examination conducted and upon successful test result, the POS will be certified thereafter.

Sales made easy

There are 100s of animated short videos on the Policy Leader portal, in different language; addressing minor details, that your customer would want to know about, various insurances. Just show the customer the videos, on your mobile phone, in the language they understand (Hindi/English/Gujarati) and close the sale.

Claim Support team

Policy Leader is supported by a team of very experienced claim managers. Through our portal, each customer can be guided for both pre-claim and post-claim information. The claim manager, will help and intervene as often as required.

Policy Management team

Policy Leader is supported by a team of very experienced policy managers. All assistance that is required, regarding a query or change that is to be made on an existing policy is addressed by them. Whether, it is a correction, an endorsement or a policy related query, we are available.

Lucrative Commissions

Policy Leader offers POSPs attractive commissions on every policy sold, allowing them to earn a substantial income.

Cutting-Edge Technology

Policy Leader utilizes cutting-edge technology to streamline the sales process, making it easier and faster for POSPs to sell insurance policies.

Brand Recognition

Policy Leader is a well-known and respected brand in the insurance industry, which can help POSPs gain credibility and attract more customers.

Minimal Investment

Becoming a POSP with Policy Leader requires minimal investment, as the company provides training and support to POSPs without any initial costs.

FAQs

What qualifications do I need to become a POSP?

To become a POSP, you need to have a valid insurance license/certification and complete the necessary training program offered by Policy Leader. Per the IRDAI (Insurance Regulatory & Development Authority of India) guidelines, the POSP should be 18 years or more and at least 10th standard (school) passed.

The following documents have to be submitted with Kataria Insurance Brokers P. Ltd.

PAN Card
Aadhar Card

Note: Further documents and information will be required and your POSP Manager, will inform you as and when required.

How much can I earn as a POSP?

As a POSP with Policy Leader, you can earn commissions on every policy sold, and the amount can vary depending on the type of policy and the insurance company. The earning potential is high, and it is dependent on the effort you put in. If want to know more reach out to us, our POSP management team will be happy to answer your questions.

How long does it take to become a POSP?

The training program offered by Policy Leader can take anywhere between a few days to a couple of weeks, depending on the complexity of the insurance policies being sold. The training is for 15 hours and this is followed by a certification test.

Will I be an employee of Policy Leader as a POSP?

As a POSP, you will be an independent contractor, and not an employee of Policy Leader. You will have the freedom to work independently and choose your own clients.

Can I become a POSP part-time?

Yes, you can become a POSP with Policy Leader on a part-time basis. The flexible working hours offered by the role makes it an excellent option for those looking for additional income.

What kind of support can I expect from Policy Leader as a POSP?

Policy Leader provides comprehensive training and support to POSPs to help them excel in their roles, including product training, sales techniques, and customer service. Additionally, you will have access to the latest technology and tools to help you sell insurance policies efficiently.