Become an insurance agent / POSPwith ZERO Investment

Login or Register

By continuing, you agree to our Terms & Conditions

Become an insurance POSP / agent
Become an insurance POSP / agent

Benefits of Becoming Square Insurance POSP (Point of Sales Person)

  • Square insurance POSP / agent Training Support
    Training Support
  • Square insurance POSP / agent Instant Policies
    Instant Policies
  • Square insurance POSP / agent Dedicated RM & TELE RM
    Dedicated RM & TELE RM
  • Square insurance POSP / agent 24x7 Support
    24x7 Support
  • Square Insurance POSP PAN India
    PAN India Services

    Square Insurance is a leading InsurTech company in India, Providing multiple insurance products and services to individuals and businesses across the county.

  • Square Insurance POSP 57+ Insurers
    57+ Insurers

    Everyone deserves affordable and comprehensive insurance coverage. That's why we work with 57+ insurers to offer our clients a wide range of products and services to choose from.

  • Square Insurance POSP 10 Lac + Happy Customers
    10 Lac + Happy Customers
    Policy Sold

    We're proud to have over 10 Lac + Happy Customers. We've earned their trust by providing them with affordable, comprehensive insurance coverage, and excellent customer support.

Become Insurance agent through Square Insurance

The sector of insurance in India is in control of its registration authority, the Insurance Regulatory and Development Authority of India (IRDAI). Hence, this institution closely supervises all the activities which are related to insurance. To escalate insurance rift in India, the POSP (Point of Sales Person) initiative was set in motion by this superlative authority. In simpler words, a POSP insurance agent can sell insurance in the wake of receiving a Certification by IRDAI.

The perforation of insurance in India has always been on the low side due to the scarcity of professionally trained people who can act as insurance agents or distributors. Professionalism is the demand of insurance industry ethics even for the selling of simple products such as motor insurance or travel insurance. Furthermore, for complex insurance products such as Unit Link Insurance Plans, only a registered and trained distributor can sell policies from a particular insurance provider company. Therefore, to reach out to a vast number of people across all the corners of India, the insurance industry today needs more and the best insurance agents who are technically trained to deliver quick and optimized customer satisfaction according to individualized requirements.

This is where the POSP insurance agents’ initiative comes into the picture. To facilitate a quick accommodation of a large number of insurance agents and distributors, IRDAI has allowed this new type of entry.

These individuals are allowed to have lower qualification criteria (as compared to other insurance distributors such as general agents, brokers, and corporate agents) which can be coped up by continuous training. This is the paramount intention why IRDAI has empowered these POSP Insurance Agents to part-exchange only basic products. Specifically, these agents can only sell products which do not require a lot of documentation, explanation and complexities

Who can become a POSP Insurance Agent?

Any person, if he/she feels that he possesses convincing powers and can make people aware of the essentiality of insurance then he/she is the right person to become a POSP insurance agent.

On that account, if anyone wants to become a certified POSP agent then he/she has to first get them registered with an insurance firm or an individual broker. After registering yourself, you also need to take the necessary training, study and pass the certification test of IRDAI with a minimum of percentage.

Any person, if he/she feels that he possesses convincing powers and can make people aware of the essentiality of insurance then he/she is the right person to become a POSP insurance agent.

Can Become POSP Agent Student


Can Become POSP Agent Housewife


Can Become POSP Agent Businessman


Can Become POSP Agent Working Professiona

Working Professional

Can Become POSP Agent Retired Person

Retired Person

Eligibility to become insurance POSP Agent

According to IRDAI, there are some minimum requirements that one has to fulfill if he wishes to become a POSP insurance agent. These are:-

  • Person should be a resident of India
  • Person should be of 18 years or more
  • Minimum educational qualification is 10th (Secondary school, Matriculation or any other equivalent degree)
  • Person has to produce original Aadhar Card and PAN Card
  • A Bank Account with the applicants name is also mandatory.
Square Insurance POSP Eligibility
Square Insurance POSP Eligibility

Procedure become insurance POSP Agent online

Account Creation

This is the first step to becoming an insurance POSP Agent. Visit the Square Insurance website, click on the "Become a POSP" button, fill out the asking details, and create an account by providing a username and password.

Square Insurance Procedure become insurance POSP Agent online
Square Insurance Procedure become insurance POSP Agent online

KYC Document Verification

Upload copies of your KYC documents, such as Aadhaar card, PAN card. Your documents will be verified by the insurance company or broker.


A person who wishes to obtain the license of a POSP agent needs to undergo a minimum of 15 hours of training. First, you have to register yourself with an insurance company, corporate insurance partners, or brokers. After becoming a POSP agent, you can promote the products of your recruited insurance company only. The training and certification are also provided to you by your recruited insurance company only. So, it is advisable to choose the company wisely.

Procedure become insurance POSP Agent online
Square Insurance Procedure become insurance POSP Agent online

Certification Test

As we told you before that the certification is provided to you by your recruiting insurance company, therefore, the certification test is also taken by them. You have to complete the training first, and then need to clear the test. This test can also be taken via online channels. Square Insurance is one of the best insurance companies in India.

Also Read : How to become an Insurance agent in India

Which benefits you can grab by becoming a POSP insurance agent?

You rule your career

You work as per your need and convenience by becoming your own boss. Nobody pressurizes you for the results and targets.

Wide range of products to sell

According to IRDAI, a POSP agent can sell a wide range of insurance plans such as pure term plans and Non-linked Non-participating Endowment plans. Furthermore, you can also sell travel, motor, and personal accidental policies as well as general insurance plans that need a minimum of underwriting.

You choose your own timings

This is not a fixed timing job. You have the leverage and flexibility to decide your working hours whether you wish to do the job part-time or full-time. You don’t need to invest money: This is a zero money investment business. You can start your successful profession without investing any money and can grab high and additional monetary returns.

Favorable and supportive conditions to sell

The insurance plans are generally simple and easy to understand and explain. The benefits from these plans and investments can be straightforwardly calculated and stated beforehand. Furthermore, these benefits are pre-defined, non-fluctuating, and fixed; therefore, this increases the percentage of closing and decreases the risk of handlings

Work from your place

You do not need to hire a place to establish an office for the dealings. You can do the workings from your home only. You can contact the clients by phone and can also encourage them to use the online channel to purchase policies.

Hustle-free 15 hours of training

Training gets over in 2 to 3 days. You can complete it and become a certified POSP agent within a week or less.

Earn as much as you can

There is no fixed remuneration. Your income will depend on the number of policies you issue and the deals you close. So, the scope of earning money is infinite, there is no maximum limit. In this way, this is a limitless way to earn as much as you can.

Why you should become Insurance POSP with Square Insurance

Work with Square Insurance

We are the paramount insurance brokers firm of India. The list of insurance sector awards with which we are bestowed is endless. Anyone can get a hint of our prestigious company and company culture from this website. Without any doubt, Square Insurance is the best POSP insurance company and manufactures the best insurance POSP in India.

Minimum paperwork policies

We have developed our structure of workings in a way that we ensure the minimum of paperwork and hustle-free process of documentation. 24*7 trained customer care department: cent percent customer satisfaction ratio and timely reminders of premiums from our side prove that we have mountain-top customer-care representatives.

Fastest claim settlement

On-time claim settlements and reimbursements is our principles and ethics.

Highly qualified professionals and trained development team

Our employees are highly qualified and carry years of working experience in the sector of insurance. Furthermore, our training and development team trains you for all the unfavorable circumstances and provides timely updates so that you face a minimum of problems and enjoy a supportive environment during client meetings. In this way, we produce the best insurance brokers in India.

Get attached with our brand name

Square nsurance is a resemblance and embodiment of perfection. Anyone working with us gets leverage to be a part of our goodwill.

What our partners talking about us

Find the perfect insurance coverage, Compare quotes, understand what you're covered for, and get the peace of mind you deserve.


Our Trusted Insurance Partners

FAQ’s about Insurance POSP agents

The full form of POSP in insurance is Point Of sale person

A POSP agent should keep in mind to address the needs of the first-time customers of the insurance industry who look for basic insurance policies.

A POS agent can sell Motor Insurance Policy; Travel Insurance Policy; Personal Accident Policy; Non-Participating Endowment Plans as well as all the products approved by IRDAI.

No, today we are living in a highly developed technological world. You can use all the IT tools to close a deal such as cell phones, the internet, zoom meetings, and online registration channels.

Android applications also help in the same.

The best thing about this job is it has no minimum or maximum borderline. The amount you can earn totally depends on the effort and time you put in. You can grab unlimited monetary

Benefits and can make your future bright if you work with dedication and professionalism. In this way, you can enhance your abilities to become one of the best POSP brokers in India.

You need to submit a copy of your Aadhar card, a copy of your PAN card, a copy of the 10th certificate, a canceled cheque, and a photograph.

Become Insurance POSP articles

Square Insurance POSP Mobile App

Today and start issuing insurance policies on the go!