How to Become Insurance Agent in Kolkata

POSP, or Point of Sale Person, is an insurance agent who sells various insurance products to potential customers. These salespeople are usually associated with only one insurance company, such as TATA AIG POSP. Here, you can work to sell the insurer’s pre-underwritten insurance products only.

They act as the frontline representatives and main contacts on behalf of the company and deal with clients. Their chief task is to promote and sell insurance plans according to customers' needs. The more insurance plans they sell, the greater their commission earnings.

Individual insurance agents are individuals who are authorised to work with only one general insurance company. However, they can also work with one life insurance company and one standalone health insurance company at the same time.

They inform customers about their best policies based on their needs and help customise policies according to the individual coverage requirements of different policy buyers.

Some insurance agents offer a wider variety of customisation options than others, as per the company’s policies and offerings. It requires insurance agents to gain more insights and knowledge of various policies and their offerings so that they can convey the necessary information to policy-buyers and provide them with the best customisable policies.

-Here are the general eligibility criteria for becoming an insurance agent in Kolkata:

-Age Criteria: The minimum age criterion for becoming an insurance agent is 18 years.

-Education Qualification: The education qualification for an insurance agent is a 10th pass certificate from a recognised education board.

-IRDAI Certification: The aspiring agent must pass all the IRDAI exams for insurance agent in order to get a certificate and licence. At the same time, the PSOP agents will get a certificate from their insurance company.

The POSP agents do not need any exact passing mark to get the job. However, the cutoff for Individual Insurance agents is 15%.

-Work Experience: People with experience in finance or the banking sector have some advantages, but such experience is not necessary.

Here are the mandatory documents required to become an insurance agent in Kolkata.

-Identification Proof: Aadhar card or voter ID card.

-Residence Proof: Aadhar card or voter ID card containing your address details.

-Passport Photo: A recent passport-size photograph with a clear view of your face.

-Educational Documents: 10th passing certificate or any other educational documents requested.

-Bank Details: Bank passbook statement, cancelled cheque or any other requested document.

Here is the step-by-step guide to becoming a TATA AIG insurance agent in Kolkata.

-Step 1: Online Registration Process:

The first step is to fill out the TATA AIG agent registration form, which can be found on the website. You must fill in all the details on the form accurately.

-**Step 2: Complete the Training Program

The next step is to undergo a mandatory training program for every new insurance agent. The IRDAI mandates the program for all onboarding agents to enhance their knowledge of insurance policies, terms and conditions, client handling and more.

The duration of this online training program is about 15 hours for POSPs and 25 hours for individual insurance agents. Once you have completed this training diligently, you need to appear for the insurer exam for POSP and IRDAI exam for an insurance agent. Moreover, all the applicants must pass these exams to become an official insurance agent.

-**Step 3: Obtain the License

Once you have cleared your insurance agent test, you will receive an official insurance agent licence that certifies that you are now a registered insurance agent. It will not only act as your identity card but will also prove your legitimacy while dealing with clients.

-**Step 4: Start Selling Insurance Products

Now that you have your insurance agent licence, you can start selling insurance plans. Here are some tips that you can follow.

• In addition to the IRDAI-mandated training, try to gain extra knowledge and skills for better client dealing. You can take communication courses to improve people skills and attend online financial webinars to keep up with current trends.

• Choose a particular insurance niche and gain expertise in it. There are several options, such as motor insurance, health insurance, travel insurance and business insurance.

• Build better connections and expand your network through social interactions. It will help you get new clients.

• Create a detailed business plan on what plans to offer, how to deal with clients, how to handle escalations and how to create new opportunities to sell insurance plans.

• Always manage your finances wisely. It will help you make better business decisions and avoid losses.

These are the individuals who are most likely to become successful general insurance agents in Kolkata:

-Financial Advisors

Financial advisors have extensive knowledge of insurance and other investment tools. This knowledge helps them share their knowledge and explain policy benefits clearly. Moreover, as they already belong to the financial field, people are more likely to trust them and buy insurance policies from them.

Thus, if you are a financial advisor and want to earn extra income, you can become associated with TATA AIG as our insurance agent in Kolkata.

-Business Person

If you are a business person, you can also become an insurance agent easily. Business people have many connections as their customers and dealers, which helps them to get insurance clients easily.

Moreover, as business people also deal with finances, they have great knowledge about the financial market and its ups and downs. The training they receive during their onboarding as agents gives them more knowledge and the necessary tools to interact better with their future clients.

-Homemakers

Homemakers who want to earn money and become financially independent can also become insurance agents with TATA AIG. Proper training and tools provided during your training session will help you better understand the work you need to do. Becoming an insurance agent will help you to contribute towards your home and make a living of your own.

-** Other People**

TATA AIG welcomes any individual interested in finance or wanting to earn income for themselves to become an insurance agent in Kolkata. You can register on our website to get proper training and an insurance agent licence.

After that, you can connect with clients to inform them about our insurance products and services as an agent. You can be anyone: a college student, a job-seeker, a working professional looking for side income or a retired individual.

Becoming a TATA AIG insurance agent in Kolkata provides you with several benefits such as:

• At TATA AIG, you get the best professional learning opportunities from our academy, which helps you enhance your professional skills.

• With us, you get a progressive environment where you get the full support to advance in your career.

• TATA AIG recognises and rewards hard work, rewarding it with appreciation and career progression so that you can keep growing with us.

• Here, you will find a professionally fulfilling environment that fosters long-term association and growth.

• We have digital platforms where you can find useful resources related to your work. These will help you gain more knowledge about our products and services so that you can better explain them to your clients.

• TATA AIG provides a great work-life balance with the flexibility to work from home or any other location.

• Awards and recognition ceremonies are held regularly to appreciate the agents and employees who make positive contributions and show exceptional dedication toward their work.

TATA AIG is a reputed insurance company where we keep our values as people, empathy, integrity and customers first. When you join such an ethical and compassionate organisation as an agent, you can rest assured about your career growth.

We compensate our agents appropriately for their hard work and dedication so that they feel appreciated and can live a dignified life. As a TATA AIG insurance agent, you can earn a good livelihood by living comfortably in a city like Kolkata.

The major earnings for an insurance agent come from the commission earned through the insurance plans sold. Using the training you get during your onboarding as an agent, you can easily communicate with customers about the benefits of our insurance plans. It will help you make greater financial benefits.

Now that you know the whole procedure of becoming an insurance agent in Kolkata with TATA AIG, you can easily follow the steps to join us. You just need to fill out the TATA AIG agent registration form, complete your training program, get your agent licence and start working. Joining TATA AIG as an insurance agent is a fulfilling job, both financially and professionally.

With us, you get the chance to work with various clients in different circumstances, which provides you with great business and financial insights. Moreover, with every deal you make, you get good monetary compensation like nowhere else.

So, register on our website today to take your first step towards becoming a TATA AIG General Insurance Agent in Kolkata!