What is a POSP?
A POSP (Point of Salesperson) is the name given to an insurance agent who can sell specific insurance products.
For becoming a POSP, you only need to have the minimum educational qualifications as given by the IRDAI and undergo training provided by us. To learn more about how to be a POSP and the benefits of the same, read on.
What can you sell as a POSP?
With Digit Insurance, you can sell Car Insurance, Bike Insurance, Health Insurance, International Travel Insurance, Personal Accident Cover, and SFSP Insurance.
What are the advantages of being a POSP?
Become your own boss - Work as per your convenience. You are your own boss!
No fixed timings - You can choose your own working hours and decide whether to work full-time or part-time.
Work from home - Use online processes to sell policies and work from home or even anywhere else!
Only 15 hours of training - With just 15-hours of training, you can be an insurance expert. We’ll help you learn everything you need to know!
Earn high income - Your income depends on the number of policies you issue.
Zero investment required - No need to pay anything when you join. All you need is a smartphone/computer, and an internet connection!
Who can become a POSP?
If you’re pursuing your higher studies but would still want to spend some time making extra money, this could be a good option for you.
If you’re a stay at home husband or wife, and have time, you can choose to become a POSP, and earn extra income for you and your family
Even after retirement, you can become an insurance agent. Spend as much time as you like, working in the comfort of your home, and at any time you like.
If you’re already have a business but still want to do more things on the side, you can choose to become a POSP. Work just as much as you want, and still earn extra.
How to become a POSP with Digit?
Step 1
Sign up by filling our POSP form given above, and our team will get back to you with more details. 😊
Step 2
Complete your 15-hour training with us.
Step 3
Complete the prescribed examination.
Step 4
Sign the agreement with us and that’s it! You’ll be a certified POSP.
Why partner with Digit?
Get a chance to work with Asia's General Insurance Company of the Year 2019.
We have a 24x7 support team, just for you.
All our processes are online, with no paperwork involved.
No long procedures or tiring paperwork. We issue insurance policies instantly online, without any inconvenience.
All our commissions are settled quickly. Your account will be credited with your commission every 15 days of policy issuance.
Frequently asked questions
What are the criteria to become a POSP agent?
If you want to become an insurance agent, you must be over 18 years of age should have completed education up to at least Class 10th, and have a valid Aadhaar Card and PAN Card.
What documents do I need to submit?
For registration, you will need the below documents. All these needs to self-attested (signed by you)
- Class 10 or above pass certificate
- Copy of your PAN card, Aadhaar Card (front and back)
- A cancelled cheque (with your name on it)
- A photograph.
Do the PAN Card holder and Bank Account holder have to be the same?
Yes, all commissions paid are subject to TDS. TDS is credited to the Income Tax authorities based on your PAN Card.
When can I start selling insurance?
As soon as you have registered with us, you may begin your training for the PoSP exam. On giving and passing the exam, you will receive an eCertificate. You are then ready to start selling insurance as a PoSP agent.
Is it compulsory to undergo any training to become certified as a POS person?
Yes, you will have to complete the training to become a POSP. It will include topics ranging from basics of insurance, policy types, process for issuance and claims, rules and regulations etc.
What support services will I get if I partner with Digit?
All Digit’s partners are assigned a relationship manager who will provide guidance and answer any questions that agents might have on the policies sold over the Digit platform. Agents can also email our support team at partner@godigit.com.