Become a Motor Insurance Agent

60,000+ Partners have earned 1000 Crore+ with Digit.
  • {{itemType}}
Please Select the Type
Full Name is required Maximum 150 characters allowed
RM Code is required
  • {{item}}
POSP Code is required
Enter Valid Email Address Please Enter Valid Email ID
Pincode is required Please enter 6 digit pincode
Mobile Number is required Enter valid mobile number Mobile Number Of Digit Employee Is Not Allowed
Please Enter IMF Number
Please Enter IRDA Number

I agree to the Terms & Conditions

Please accept terms and conditions


in spare time


side income


training by Digit

Who is a Motor Insurance Agent?

A motor insurance agent is someone who works with an insurance company to sell specific motor insurance products. If you were to be a Motor Agent or POSP, you would help customers choose the right motor insurance policy as per their requirements from all motor vehicle-related insurance plans.

With Digit, you can sell Car, Bike (or 2-Wheeler) and Commercial Vehicle policies.

What is Motor Insurance?

A motor insurance policy can be used to cover a car, a two-wheeler, or a commercial vehicle like an auto or a truck and is compulsory for all vehicles in India. It is also important for people to have it so that they are covered for losses and damages such as in the case of accidents and natural calamities.

There are primarily three types of motor insurance plans – Third Party Motor Insurance Policy, Own Damage Motor Insurance Policy and Comprehensive (or Standard) Motor Insurance Policy.

  • A Third-Party Motor Insurance is mandatory by the Motor Vehicles Act in India, without which people are liable for a heavy fine. It also protects one's pocket from any losses that could arise if their car were to damage any third-party vehicle, person or property.
  • The second is the Own Damage Insurance Policy, which is a customized motor insurance policy that is designed to protect oneself and their own vehicle from damages and losses.
  • Finally, Comprehensive Motor Insurance offers complete protection against both third-party damages and losses, and own damages. This includes protection from unforeseen losses such as accidents, natural calamity, fire or theft.

*Disclaimer - There is no specific category for Agents. If you register for becoming a general Insurance agent, you can sell all general insurance products.

Read More

Interesting facts about Motor Insurance industry in India

Motor insurance constituted 39.4% of the non-life insurance market in India. (1)
The Indian car insurance sector is valued at Rs70,000 crore. (2)
The car insurance industry has registered a growth of 11.3% since 2012. (3)

Why become a Motor Insurance Agent with Digit?

Learn more about why should you become a motor insurance agent, and why should you choose Digit?

Work directly with Digit

As our POSP partner, you will work directly with us. No other middlemen involved. Digit is the fastest growing insurance company India today. We are currently the youngest company to be awarded Asia's General Insurance Company of the Year 2019. 

Insurance made simple

We believe in making insurance simpler, which is why all our documents are so simple that even 15-year olds can understand them. 

Strong backend support

With technology as our main pillar, we offer you a dedicated support team, and an advanced web & mobile app that allows you to sell 24x7! 

Rated 4.8 on Facebook

We believe in keeping our customers satisfied and have a Facebook rating of 4.8/5, highest for any insurance company.

Super-Fast Growth

In this short time, we have already reached more than 2% of the market share (in the previous quarter) in the motor insurance category.

High Claim Settlement Ratio

We have a high claims settlement ratio for private cars and have settled 96% of all claims we have received for private cars.

Paperless Processes

Our processes are completely online, from issuing a policy to registering a claim. You don’t have to fill any paperwork. All you need is a smartphone/computer and an internet connection. So, you can now work from home or even anywhere else!

Quick commission settlement

Don’t worry, we have your back! All our commissions are settled quickly. Your account will be credited with your commission every 15 days of policy issuance.

How to become a Motor Insurance Agent?

How to become a Motor Insurance Agent/POSP with Digit?

Step 1

Sign up by filling our POSP form given above, fill all the details & upload required documents.

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.

How much you can earn?

Your income as an insurance agent depends on the number of policies that you sell. The more the number of policies that you sell, the greater your income. A motor insurance agent can sell insurance policies for car, bike and commercial vehicles.

This means that you can sell both comprehensive and standalone policies to the customers, for which the commission structure is given below: 

Type of policy & vehicle

Age of the vehicle

The maximum rate of commission

Comprehensive policy - Four wheelers and other types of private or commercial vehicles

1-3 years old

15% of the own damage premium

Comprehensive policy - Two-wheelers

1-3 years old

17.5% of the own damage premium

Comprehensive policy - Four wheelers and other types of private or commercial vehicles

4 years and above

15% of own damage premium + 2.5% of third party premium

Comprehensive policy - Two-wheelers

4 years and above

17.5% of own damage premium + 2.5% of third party premium

Standalone Third-party liability policy - All types of vehicles

Any age

2.5% of the premium

Source: IRDAI

Why should I become a Motor insurance Agent?

Become your own boss

One of the primary advantages of being a POSP is the freedom to work as per your convenience. You can now be your own boss! 

No time constraints!

You can decide whether you’d like to work fulltime or part-time and craft your own working hours accordingly.

Work from home

At Digit Insurance, we primarily sell insurance policies online. This means, you as a POSP can work from home and use our online processes to sell and issue policies.

Only 15 hours of training

To certify as a POSP, one of the main criteria's is to complete the 15-hours compulsory training offered by the IRDAI; which isn’t much to be honest! All it is going to take you is 15 hours of investment to get on board!

High earning potential

Your earnings don’t rely on number of hours worked but on the number of policies you issue. To have a better understanding of the same.

Zero Investment

Apart from having a smartphone, a good internet connection, and the required 15-hours training, there’s nothing else you need to become a POSP. So, there’s almost no monetary investment required from your end, whilst the earning potential is high.

Frequently asked questions