After its monumental strides in the Indian fintech sector, Policybazaar has embarked on a mission yet again. It has now ventured into the PoSP model of offline business to tap tier-2 and tier-3 cities. As India’s leading online insurance marketplace with over 10 million customers
, Policybazaar recently announced its PoSP business pan India- PBPartners. PBPartners works on the Point of Sales Person (PoSP) model, providing a one-stop solution for all insurance needs.
A Point of Sale Person or, PoSP is an insurance advisor who is capable of selling life insurance policies as well as general insurance policies of multiple companies. Becoming a PoSP agent partner helps you enroll yourself through a simple registration process. The insurance advisor certification course that follows is fairly simple and concise. Any individual above the age of 18 who has cleared class 10th can enroll for the certification course. PB Partners’ business model includes fairly simple products like two-wheeler and four-wheeler insurance, etc. because explaining such policies to customers is easier.
Selling insurance can be a challenge for inexperienced insurance agents. As insurance is not a physical asset, it requires solid conviction on the agent’s part. As a new agent, only thorough knowledge about the product and good analysis can help you achieve this. This makes becoming a PoSP agent partner a great career choice. It is ideal for a wide range of people as it provides an attractive income with basic qualifications. It is independent of age and allows you to work post-retirement full-time. As there are no fixed targets, you get to be your boss and be at the helm of your finances. So, the more customers invest in your policies, the higher you earn.
As a PoSP agent partner, you get to decide when you want to work, how much you want to earn, and what you want to offer. By providing you with the flexibility to work any way you want, it helps you generate income at your convenience. Furthermore, there are no fixed hours of operation in a PoSP business. This enables you to pursue another job while simultaneously working as a PoSP agent partner. Lastly, PoSP agent partners don’t have a retirement age, so there are tremendous opportunities at the threshold of becoming a PoSP agent partner.
