Become a Health Insurance Agent
Who is a Health Insurance Agent/POSP?
Interesting facts about Health Insurance industry in India
Why become a Health Insurance Agent/POSP with Digit?
Learn more about why should you become a health insurance agent, and why should you choose Digit?
How to become a Health Insurance Agent/POSP?
The easiest way to become an insurance agent is by completing your POSP certification. A POSP (Point of Sales Person) is the name given to an insurance agent who can sell specific insurance products.
To become a POSP, you only need to have the minimum educational qualifications required by the IRDAI and undergo training provided by us. Digit will take care of your training process. Don’t worry!
What are the requirements and qualifications to become a health insurance agent?
Here is what you need to become a health insurance agent:
- You must be over 18 years of age.
- You should have completed education up to at least Class 10
- You need to have a valid Aadhaar Card and PAN Card.
- You will be then be asked to complete compulsory 15-hour training specified by IRDAI.
We promise to help you learn everything you need to know!
Who can become a health insurance agent?
The only requirement for becoming an insurance agent is that the candidate must be over 18 years of age and should have completed Class 10.
So, basically anyone who fulfils these criteria can become an insurance agent. This includes college students, stay-at-home spouses, retirees, and businessmen/women
How to become a Health Insurance Agent/POSP with Digit?
Sign up by filling our POSP form given above, fill all the details & upload required documents.
Complete your 15-hour training with us.
Complete the prescribed examination.
Sign the agreement with us and that’s it! You’ll be a certified POSP.
How much you can earn?
Your income as a health insurance agent depends on the number of policies that you sell. A health insurance agent has a huge scope of earning high income. This is because the cost of medical treatments is gradually increasing.
This means that people now have to spend more money to get a medical treatment done and hence, they would like to buy health insurance plans to protect themselves and their families from such high expenditures.
Take a look at the commission structure below to get an idea on how much you can earn as an insurance agent:
Monthly net premium
Commission & *Reward as % of net premium
1 year - 25% | 2 years - 23% | 3 years - 22%
>=25k & <50K
1 year - 28% | 2 years - 26% | 3 years - 25%
>50K & <1L
1 year - 30% | 2 years - 28% | 3 years - 26%
1 year - 35% | 2 years - 30% | 3 years - 28%
- Payment will happen twice a month
- For deciding the month, date of policy issuance will be considered
- Payment for each slab will be considered separately.
- * T&C applicable, subject to maximum limit as prescribed in regulation
- Net premium means premium excluding GST