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What is POSP?

"POSP stands for "Point of Sales Persons"

"POSP is a person who can solicit and market only certain pre-underwritten products approved by the Authority. Every “Point of Sales Person” shall be identified by his Aadhaar Card Number or his PAN Card."

How to become POSP Member?

"Key Requirements to become a POSP"

1.
Must be Indian Resident citizen
2.
Minimum 10th pass qualification
3.
Undergo 15 hours training and then pass the online xam
4.
Must be Indian Minimum 18 years of age
5.
Operational
acccount
6.
No agency or Posp code with any other insurer/ intermediary
7.
Having valid address proof
8.
Having valid PAN Card
Benefits of becoming a POSP

There are numerous benefits of working with us. Few highlighted benefits are as follows:

  • Wealth creation for the agents by supporting in knowledge, quotes, sales closure, & training in enhancing product basket
  • Online portal for sales
  • Support in client retention & engagement
  • Timely payment of commission
  • Dedicated Relationship Manager for support
  • Centralised operations support team
  • Central Support for all the queries and issues
Frequently Asked Questions

 

Step 1 – Submit online registration on our portal

Step 2 – Complete online training of 15 hours

Step 3 – Pass the online examination on our portal

"Following self-attested documents are required to be submitted online in our portal

• PAN Card

• AADHAR Card Front

• AADHAR Card Back

• Cancelled Cheque

• Class 10 or above pass certificate

• One photograph

Yes, it is mandatory to compete the training and pass the examination to become POSP

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

Step 1 – Complete online registration

Step 2 – Complete online training and pass the online exam

Step 3 – Start using our online platform for sale

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.