POSP is a person who can solicit and market only certain pre-underwritten products approved by the Authority. Every “POSP” shall be identified by his Aadhaar Card Number or his PAN Card.
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There are numerous benefits of working with us. Few highlighted benefits are as follows:
Helps agents grow income with training, knowledge, and sales support.
Easy-to-use digital platform for quotes and policy sales.
Assistance to retain clients and improve engagement.
Guaranteed on-time and transparent commission payouts.
Personal manager to assist with daily queries and growth.
Backend team to handle operations and documentation.
One-stop help desk for all queries and issues.
Key Requirements to become a POSP
Must be an Indian resident citizen and at least 18 years of age.
Should have completed at least 10th standard (SSC).
Must have valid address proof and a PAN card.
Should have an operational bank account for commissions.
Completion of 15 hours of training and clearing the online certification exam.
You must not already hold an agency or POSP code with any other insurer or intermediary.
Find quick answers to the most common questions about filing insurance claims.
How to become POSP with IIRM?
What documents are required for POSP registration?
Is online training mandatory for POSP?
Yes, it is mandatory to compete the training and pass the examination to become POSP
Who can I contact for support and guidance?
A relationship manager is assigned to all POSPs. Relationship Manager provides the guidance and answers all your queries. You can also send your support request to pospsupport@indiainsure.com
How can I start selling after registration?
Why are PAN, AADHAR, and bank details mandatory?
Yes, it is mandatory to provide PAN, AADHAR, and bank details to become POSP. The commission is directly credited to your bank account. All commissions paid are subject to TDS. TDS is credited to the Income Tax authorities based on your PAN Card.