The insurance industry in India is growing at an unprecedented pace. With increasing awareness of financial security and the convenience of digital platforms, becoming an insurance POSP (Point of Sales Person) agent has become one of the most rewarding career options in 2025. If you are looking to earn a stable income while helping people secure their future, insurance POSP apply online is the most efficient route. In this guide, we will cover everything you need to know about eligibility, benefits, step-by-step application process, training requirements, and potential earnings.
What is a POSP Insurance Agent?
A POSP (Point of Sales Person) is a certified individual authorized by the Insurance Regulatory and Development Authority of India (IRDAI) to sell insurance products digitally. Unlike traditional insurance agents who work for a single company, a POSP agent can offer policies from multiple insurers, including life, health, motor, travel, and general insurance.
POSP agents act as the first point of contact for clients seeking insurance advice, helping them select suitable policies, complete documentation, and ensure timely claims support.
Why Become a POSP Insurance Agent in 2025?
Becoming a POSP agent is not only a career but also a business opportunity. Here’s why it’s a lucrative choice:
- Flexible Work Schedule – Work from home or anywhere with internet access.
- Low Entry Barrier – Minimal investment is required.
- Multiple Products – Sell life, health, motor, and general insurance policies.
- Unlimited Earnings – Commissions on policy sales and renewals.
- Digital Support – Platforms like Square Insurance POSP provide online training and support.
- Regulated by IRDAI – Legally certified and credible profession.
Eligibility Criteria to Apply for Insurance POSP Online
Before applying, make sure you meet the IRDAI-mandated eligibility criteria:
- Age – Must be at least 18 years old.
- Education – Minimum 10th standard pass. For urban areas, 12th standard is preferred.
- Training – Complete at least 15 hours of IRDAI-approved training for POSP certification.
- License – Must pass the IRDAI pre-licensing examination.
- Documents Required – Aadhaar card, PAN card, educational certificates, passport-size photograph, and bank account details for commission payments.
Meeting these criteria ensures you are eligible to register as a POSP and sell insurance legally.
Step-by-Step Process to Apply for Insurance POSP Online
The process of applying for Insurance POSP online is simple, transparent, and fully digital. Follow these steps:
Step 1: Choose a Reputable POSP Platform
Select an IRDAI-authorized platform like Square Insurance POSP. These platforms allow you to register online, access training, and start selling policies across multiple insurers.
Step 2: Complete Online Registration
Visit the POSP website and fill out your basic details such as:
- Full name
- Contact number and email
- Date of birth
- Educational qualifications
Upload the necessary documents like Aadhaar, PAN, passport photo, and educational certificates.
Step 3: Undergo IRDAI Training
Once registered, you will receive access to online IRDAI-approved training modules. The training covers:
- Basics of insurance and risk management
- Product knowledge for life, health, motor, and general insurance
- Ethical sales practices and customer service
- Understanding claims and policy servicing
POSP training typically takes 15 hours and can be completed at your own pace.
Step 4: Pass the IRDAI Examination
After completing training, you must appear for the IRDAI pre-licensing exam. The exam tests your knowledge of insurance fundamentals, regulatory guidelines, and ethical practices. A minimum of 50% marks is required to pass.
Step 5: Obtain IRDAI POSP Certification
Upon passing the exam, IRDAI issues your POSP license, certifying you as an authorized agent to sell insurance policies online. The license is usually valid for three years and can be renewed after refresher training.
Step 6: Start Selling Insurance Policies Online
With your POSP license, you can now sell life, health, motor, and general insurance policies to clients digitally. Platforms like Square Insurance POSP provide dashboards to manage policy sales, track commissions, and support customers efficiently.
Benefits of Applying for POSP Online
Applying for Insurance POSP online offers several advantages over traditional offline methods:
- Speed – Registration, training, and license issuance are faster.
- Convenience – Complete the process from anywhere with internet access.
- Cost-Effective – No need to invest in physical offices or marketing materials.
- Multiple Products – Sell policies from several insurance companies through one platform.
- Transparent Commissions – Clear tracking of earnings through the POSP dashboard.
Potential Earnings as a POSP Insurance Agent
As a POSP agent, your earnings are commission-based, with income depending on the number and type of policies sold:
- Motor Insurance: 10% – 15% commission
- Health Insurance: 15% – 20% commission
- Life Insurance: 20% – 35% commission (first-year premium)
- Renewals: 5% – 10% commission
Many agents earn ₹50,000 to ₹1,00,000 per month, while experienced top performers can earn ₹5 lakhs+ annually.
Skills Needed to Become a Successful POSP Agent
While the POSP program is accessible to everyone, success depends on your skills and dedication:
- Excellent communication and interpersonal skills
- Strong product knowledge across insurance categories
- Integrity and customer-first mindset
- Networking and relationship-building abilities
- Basic digital skills for online policy management
Agents with these skills can build long-term careers with steady income and client loyalty.
Why Choose Square Insurance POSP?
Square Insurance POSP is one of the leading platforms to apply for insurance POSP online in India. It offers:
- 100% digital onboarding and training
- Access to multiple insurance companies
- Transparent commission structure
- Dedicated support and marketing assistance
- Quick IRDAI license processing
By registering with Square Insurance POSP, you can start selling policies and earning commissions in just a few days.
Conclusion
Applying for Insurance POSP online in 2025 is simple, fast, and rewarding. With the growing demand for insurance and digital platforms, this career offers flexibility, financial stability, and professional growth.
By meeting eligibility criteria, completing IRDAI training, passing the exam, and obtaining certification, you can launch a successful career as a POSP insurance agent, helping clients secure their future while earning unlimited income.
Start your journey today with Square Insurance POSP and become a certified, licensed insurance agent in India.
Frequently Asked Questions
Q.1. What is a POSP insurance agent?
A POSP (Point of Sales Person) insurance agent is an individual authorized by IRDAI (Insurance Regulatory and Development Authority of India) to sell insurance policies online. POSP agents can offer multiple insurance products, including life, health, motor, and general insurance, across different insurers.
Q.2. Who is eligible to apply for POSP in India?
To apply as a POSP agent, you must:
- Be at least 18 years old
- Have a minimum of 10th standard education (12th preferred for urban areas)
- Complete IRDAI-approved POSP training (minimum 15 hours)
- Pass the IRDAI pre-licensing exam
- Submit essential documents like Aadhaar, PAN, educational certificates, passport photo, and bank account details.
Q.3. How do I apply for insurance POSP online?
You can apply by visiting an IRDAI-authorized platform like Square Insurance POSP. The process includes:
- Online registration with personal and educational details
- Uploading required documents
- Completing online POSP training
- Passing the IRDAI exam
- Receiving your POSP license digitally
Q.4. How long does it take to become a POSP agent?
The entire process usually takes 7–15 days, depending on the completion of training, document verification, and IRDAI exam scheduling. With digital platforms like Square Insurance POSP, onboarding is faster and fully online.
Q.5. Do I need any investment to become a POSP agent?
No. Becoming a POSP insurance agent requires zero investment. Most platforms, including Square Insurance POSP, offer free registration, online training, and support.
