Become a BIMA BROTHERS PoSP
Key Highlights
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Single and Fully Digital Transaction Platform for Insurance Products Viz. Motor Insurance (Car/2w), Health Insurance (Individual, Family) & Life Insurance |
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Paperless System with End to End Digital Execution. No branch visits |
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Get Training and Certification as per IRDAI norms |
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Choice of Insurance Companies across Products |
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Instant Policy Delivery |
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Transparent Remuneration Structure basis Successful Solicitation |
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Self-Learning Module for Enhanced Product Learning |
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All you need to know about becoming
a PoSP (Point of Sale Person)
What is PoSP?
As per the insurance regulator of India, IRDAI, a PoSP is a certified insurance individual who can solicit insurance business for authorised PoSP products as an extension of the insurance broker.
Unlike regular insurance agent, a PoSP can sell insurance products from multiple companies, without any restrictions and across approved insurance categories too, like term life plans, motor insurance, health insurance plans and more.
Benefits & Advantages of Becoming Bima Brothers PoSP
Go Digital, Be Digi-Ready
Completely Paperless Process of Sign-up, On-boarding, Training, Certification & Sales
Learn, Excel, Grow
Benefit from Range of Self-Learning Courses to Web Training Sessions to keep yourself Up-to-Date; Communicate with Personalized Content Seamlessly
Experience Choice with Convenience
70+ Plans from 40+ Insurances Companies, Available Across Mobile App as well as Web Login
Business Tracking Made Easy
Business Dashboard with Case-Wise Details to Help Prospect, Transact & Monitor your Insurance Business Seamlessly Across Devices
Advantage Bima Brothers.com
Benefit from our Strong Relationships with all Major Insurance Companies, wide Physical Presence through 30+ Offices and Cutting-Edge Technology & Tools Built Using our Insurance Broking Experience
Our promise : To our POSP Partners, We Promise Unconditional Support to
Ensure they get Complete
Solutions, not just Answer to all their Concerns.
Get Started on your Journey of Becoming on Insurance POSP Today!
Frequently Asked Questions
As per the Insurance Regulator of India IRDAI, PoSP is a certified insurance agent who can sell insurance products across approved insurance categories from multiple companies without any restrictions. Insurance products like term life plans, motor insurance, health insurance plans and more.
As on the date of appointment as a POSP – you should have attained the age of 18 years and above (there is no upper age limit), and should be minimum 10th Class Pass.
List of mandatory documents required for becoming a POSP:-
1. PAN Card
2.Recent Photogrpah
3.Aadhaar card
4.Education qualification certificate (10th Or Above)
5.Cancelled cheque
As mandated by IRDAI Insurance Information Bureau, the PAN No along with other details of POSP needs to be uploaded onto the Insurance Information Bureau POSP Portal, by the appointing/sponsoring entity.
A POSP can start selling POS products after completing the prescribed hours of training , passing online examination.