Who is a POSP?

As a Point of Sales Person (POSP), you act as a representative of insurance companies. You have the opportunity to sell basic insurance products to retail customers. Working as a POSP can be a lucrative career option, as you directly associate with insurance companies like Bajaj Allianz.

As a POSP, you can sell various insurance products up to specific limits, including:

Card Image Health Insurance
Card Image Private Car Insurance
Card Image Two-wheeler Insurance
Card Image Travel Insurance
Card Image Home Insurance

Why become a POSP?

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Make A Crucial Difference

Becoming a POSP is more than just sales - it is about earning people’s trust by helping them protect themselves financially. You are a crucial advisor to them.

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Advance Your Career To New Heights

Becoming a POSP costs nothing, and the income can be significant. As a part-time POSP, you can earn between ₹5,000 - ₹10,000, and as a full-time POSP, you can earn between ₹50,000 - ₹2,00,000 monthly.

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Start Earning Early

Get a head start in your career as a POSP. You can start earning at 18, working part-time while studying. Bajaj has a team of experts to provide you with mentorship and support.

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Work As Per Your Own Schedule

Enjoy excellent work-life balance with the flexibility to set your own schedule. You can choose to work part-time or full-time, and our digital tools empower you to work anytime and anywhere.

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Work In A Stable Yet Growing Industry

Increased awareness and economic expansion are driving insurance demand in India, providing stability as well as growth. It is a recession-proof industry that is expected to grow at a compound rate of 25% over the next ten to fifteen years.

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Develop Critical Business Skills

At Bajaj Allianz, we invest in your personal and professional development. Through our comprehensive training program, you will acquire essential skills in sales, communication, product knowledge, and relationship-building.

Who can become a POSP?

As a homemaker, you have the opportunity to achieve financial independence and contribute to your household income while managing your responsibilities. Benefits include:

Financial independence

Training provided by industry experts

Zero startup costs and flexible working hours

Opportunities for both professional and personal growth, with recognition for your efforts

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As a shopkeeper, you can add an extra source of income at no additional cost. Benefits include:

Earning extra income alongside your store’s revenue

Assisting your existing customers

Offering simple, easy-to-understand products

No investment required

Become Care Advisor Right Image

If you own a business, you can easily become an agent by leveraging your existing customer base. Benefits include:

Seizing an excellent business opportunity to boost your income

Leveraging your network of existing customers

Associating with the leading brand, Bajaj Allianz

Gaining recognition on domestic and international platforms

Helping your existing customers purchase insurance from you instead of someone else

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If you are selling other financial products like mutual funds or life insurance, diversify your product portfolio by offering multiple general insurance products to your existing clients. Benefits include:

Diversifying by selling Health Insurance, Motor Insurance, Home Insurance, and over 20 other products

Helping secure the financial well-being and assets of your clients

Gaining recognition on domestic and international platforms

Assisting your existing customers in purchasing insurance from you instead of someone else

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If you are a retired person looking to earn, consider becoming a POSP. Benefits include:

Working according to your own schedule

Earning a regular income even after retirement

Starting with zero investment

Offering simple, easy-to-understand products

Become Care Advisor Right Image

If you are an enterprising college student and wish to earn extra income without disturbing your studies, you can become a POSP.

Start earning at a young age

Simple, easy to understand products

Build skills that will help you professionally

Zero investment to start

Become Care Advisor Right Image

How to Become a POSP with Bajaj Allianz?

Becoming a POSP with Bajaj Allianz is easy! Just follow these 3 steps:

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Fill out the POSP form by providing your basic details and supporting documents.

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Training and Assessment

After registration and verification, you will need to undergo a 15-hour online training session followed by an assessment.

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Post the assessment, an OTP based e-agreement will be generated and you will be our certified POSP agent. 


Success Story of Mr. Prashant Pawar

- From Car Wash Service Center to a General Insurance Advisor

Why Join Bajaj Allianz as a POSP?

We insure everything from a needle to an aircraft!








13 Cr +

Satisfied Customers

Partnering with Bajaj Allianz

  • Legacy of 20+ years
  • A community of 84,000+ advisors
  • Presence in more than 1000 locations
  • Lowest grievance ratio
  • Best in class claim settlement capability & highest solvency ratio

Quick Commissions, Rewards and Recurring Revenue

  • Get your commissions settled quickly
  • Get recognition through rewards
  • Build your customer base over time
  • Earn recurring revenue from renewals

Instant and Paperless Insurance

  • Close deals faster with no paperwork
  • Manage customers’ policies online
  • Deliver policies instantly

Best-in-class claims service

  • ISO Certified claims settlement
  • 8000+ network hospitals for cashless treatment in health
  • 7500 + garage tie-up for cashless settlement in motor
  • Unique digital solutions for the faster claims process

Digital Assets

  • B Care App – Your office on the go
  • B Care Portal - End-to-end business solution
  • B Care Bot and Query tracker - For instant solutions to your queries
  • Microsite – Enhance your reach and efficiency with your personalized website

Reliable Support

  • Professional sales training from certified insurance experts
  • Relationship Manager and Product Experts
  • Uniform Guidelines
  • Transparent Process

Career Path of a POSP  Agent

Success Journey of POSP Agent

SUCCESS Journey of POSP Agent


You are seeking a source of income and come across an opportunity to become a POSP.


You regularly attend product and process training at BAGIC. Over time, you know the products inside-out.


With time, you become a successful POSP and have the option to convert into an IRDAI agent.


You learn about and complete the formalities at BAGIC to become a POSP.


You generate leads through your existing network, social media or other means and start selling insurance products.


You see your active and passive income soar through new customer acquisitions and renewals.

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Difference between the POSP and IRDAI Agent


POSP Agent:

15 hours

IRDAI Agent:

25 hours


POSP Agent:

Online examination conducted by the Company

IRDAI Agent:

A physical examination conducted by the IRDAI

What can they sell?

POSP Agent:

A POSP sells simple and basic insurance policies that provide full coverage and tax benefits. These policies are assessed by the IRDAI and approved for sales through POSPs. POSPs can only sell pre-approved products.

IRDAI Agent:

An agent can market all the products that have been approved, regardless of whether they have been pre-underwritten or customized for the clients. They can assist clients in modifying policies to match their specific needs and guide them on policy-related issues. They can sell intricate and high-risk products.

Which type of products can they sell?

POSP Agent:

POSPs can sell retail policies such as health insurance, travel insurance, two-wheeler insurance, private car insurance, etc.

IRDAI Agent:

An agent can sell motor, fire, travel, and marine insurance policies. They are authorized to sell high-sum insured options in pre-underwritten policies.

What is the validity of the certification?

POSP Agent:

3 years

IRDAI Agent:

Agents can work until they surrender their license to the agency.

Benefits of Working as a POSP with an Insurance Company:

  • You will be directly associated with the company and authorized to sell their insurance policies.
  • You can earn recurring revenues through renewals as you build long-term relationships with your clients.
  • You will gain in-depth knowledge of the company's products, enabling you to provide better service to your clients.
  • You will have numerous opportunities to grow your business, build a financially stable future, and establish your reputation in the industry through rewards and recognition.
  • You will benefit from a streamlined policy and claims process, enabling you to serve your clients more effectively.

Know the Products You can Sell as a POSP

Senior Care Rider

Health Prime Rider

Health Insurance

Motor Insurance

Hear from leaders in general insurance Industry

Tapan Singhel


"There is no better service to the nation, than to expand retail insurance in the country, and serve a billion people , in times of their need".

Aditya Sharma

Chief Distribution Officer - Retail Sales

"The strength of our distribution lies in the massive network of our expert advisors. Strong communication, transparent processes, commitment to grow business & ever-lasting partnership define us. With care in our heart & passion in our mind, we aspire to protect every household in India".

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What's New

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Frequently asked questions

What is a POSP?

A POSP (Point of Sales Person) is an insurance agent associated with an insurance company who can sell specific pre-approved insurance products to customers. 

What is General insurance?

General insurance helps safeguard you and your belongings, such as your health, homes, cars and valuables, from the financial impact caused due to an unexpected calamity. A few common types of general insurance policies include car insurance, home insurance, travel insurance, health insurance and so on.

What are the requirements to become a POSP?

Applicants must be at least 18 years old, have completed the 10th class, have a valid Aadhar card and PAN card and must pass the necessary exam.

What types of insurance products can a POSP sell?

A POSP is authorised to sell specific pre-approved insurance products, such as health insurance, two-wheeler insurance, private car insurance, commercial vehicle insurance and travel insurance. 

Can a POSP earn commissions?

Yes, a POSP can earn commissions for each insurance policy they sell. They can also earn commissions when their customers renew their policies through them.

What is the difference between a POSP and an insurance agent?

An insurance agent is typically able to offer a wider range of insurance products and has a broader client base compared to a POSP. A POSP is authorised to sell only specific pre-approved insurance products to customers. 

How can I become a successful POSP?

To become a successful POSP, you must meet the eligibility requirements, have good communication skills, know your products well, and have a genuine desire to help others. You must be motivated, self-disciplined, and learn to provide excellent customer service. Bajaj Allianz will help you develop all these skills through our training program.

Who is ineligible to become a POSP?

Individuals who are currently active agents of another General Insurance Company, specifically those who possess a POS Code and IRDA Code, cannot be recruited as a POSP.

What products can be sold by a POSP?

The top products being sold by POSPs are:

  • Health Insurance
  • Private Car Insurance
  • Two Wheeler Insurance
  • Travel Insurance
  • Home Insurance

Note: There are certain restrictions on the maximum sum insured for each type of product.

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