3 years ago
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Safetree ·
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The requirement to become an insurance POS agent in 2022 is a basic education, and a desire to be successful. The reason we say a desire to be successful, is because there is no limit to the income of any successful insurance agent. The product knowledge related to insurance and other training is provided by Safetree to help you along the way to your new and successful career in insurance.
There are many do’s and don’ts for success of any POS insurance agent and we will provide you with more than just product knowledge. We hope to train all our Pos Insurance Agent/risk experts to be highly successful and capable individuals who are capable of fulfilling all their personal and professional dreams and ambitions. To help you in your career as an insurance agent, we provide you with effective knowledge, training and assistance to set you on your path to success as an insurance professional.
The value of time for POS insurance agents
One of the important tips that any successful insurance POS agents or risk expert is to value the time of the customer. A good POS insurance agent can determine how interested the client is to speak with him/her at this time. Additionally respect the clients time as he she may be busy or wants to do something else rather than discuss investing in insurance at the time. However, the most important point is that an insurance agent needs to respect his/her own time and not waste it with those who are not showing interest.
A very big thing not to do is badger the customer. A good POS insurance agent needs to understand that some clients just listen to the sales pitch out of politeness, and this politeness should not be abused. If the customer is not asking probing questions, then they are not interested and will not buy at that time. However, the real waste of time and effort will then be on the part of the insurance agent. This should be avoided at all costs, as insurance is a positive product for any customer, and if presented correctly it is well accepted by any customer.
Customer interest and POSP sales tips;
The people who become successful POS insurance agents are those who understand that they can earn a decent amount of money in this career. Successful insurance POS agents realized that they can meet their needs and the needs of their families, and then they made a decision to seriously master the craft of a POS insurance agent.
Similarly to the interest and decision of any successful insurance agent, there are certain points that make a customer interested in insurance also. A great way to promote insurance is with a worry less tag, meaning, those who have insurance need to worry less. Insurance provides people with hope and safety at times of trouble, and as an insurance POS agent, you are a helper and savior at a time of trouble for your client.
We at safetree teach you product knowledge and also very effective sales methods and more which makes all the difference to our risk experts/POSP agents. You can become an insurance agent by clicking on the blue button on the top right hand of this page called REGISTER AS A RISK EXPERT. We don’t require much information from you there, all you need to fill in is your name, email address and phone number.
Our professional support team will contact you and help you with the entire registration process from end to end quickly and easily. Our team will also assist you with the real methods of growing your success, so that those like you who are ambitious and want a promising road to success have it.
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3 years ago
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Safetree ·
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There are many POS insurance agents who want to learn a real method of selling insurance, and expanding their network. More customers and a bigger network means more business for the insurance agent. Every insurance agent wants to maximize their customer base and therefore sales, and the ones who learn this art and implement it correctly, are highly successful.
In this post we have spoken about some of the secrets related to expanding your customer base and network in 2022. We are in a time where people require insurance of all kinds, and are not aware of it in some cases. Here we tell you some of the methods in which potential customers can be made aware of this option in a positive and encouraging manner.
One of the benefits of reassuring clients and putting them at ease;
Here is something that many do not do, and that is to put your clients mind at ease. Many insurance POS agents mistakenly focus too much on the negative aspects of insurance, when in actuality insurance is a positive story with a happy ending. A natural psychological human reaction is to move away from negativity and things that make us feel stressed and anxious. Therefore, if insurance is presented in this manner, the client backs off and does not want to even talk to the insurance agent.
As a Pos Insurance Agent knowing how to present oneself as a reassuring person and savior in bad times rather than a seller of a product for which the customer needs to be anxious and scared. This attracts people on a psychological level rather than stress them out, and everyone wants to be happy and relaxed.
Therefore, as a POSP agent for insurance you need to focus on the art of Reassuring your clients always, and putting everyone at ease.
Learning to present all information in a positive and reassuring manner, and making your clients feel safe and reassured is the art of selling insurance. An example of this is as follows, rather than saying “if your car gets stolen, you will be grateful you have insurance”, it can be rephrased as “insurance will cover you loss completely, so those with insurance don’t need to worry at all”. You don’t want to remind customers what will happen in bad times, you want to stress on how you can effectively rescue people from bad times.
Insurance is a positive product and should be promoted as such;
The very purpose of insurance is positive, it’s a good thing, and a safety net for people protecting them from all types of calamities and damages in life. The customer should be happily taking a policy rather than be taking a policy in a state of anxiety and fear. If an insurance POS agent sells a policy to a customer by promoting fearful scenarios, the customer will not refer any more clients and neither will they want to interact with the insurance agent much thereafter.
This above mentioned point about not selling fear but rather about selling hope to your customers is one of the primary keys of success as a POSP insurance agent. The next time you see a very successful POSP insurance agent, understand that they are promoting insurance in a very positive manner.
The reason we are sharing this critical information related to how to sell insurance for POS insurance agents or risk experts (as we at Safetree like to call them), is because this is the way of success for you. Everyone likes a positive person, and everyone likes a person who takes away their fear and reassures them. This is exactly the role that a successful insurance agent/risk expert does for their client.
You too can become an insurance agent quickly and easily, to sign up as a POS insurance agent/risk expert that all you need to do is click the blue tab on the top right hand of this page that says REGISTER AS RISK EXPERT. It will direct you to another page where you need to fill in your name, email address and phone number.
Following this the professional team of Safetree experts will guide you on the complete process from end to end! Our helpful team will ensure that you comfortably proceed on a bright career to success in the insurance industry.
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3 years ago
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Safetree ·
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How a POS insurance agent can gain more clients in 2022 is simply by knowing how to do the job properly. Many youngsters believe that the world of insurance is a tough world that is not glamorous enough for them. That depends on what an individual is looking for as their career.
Some of the selling “No’s” for POS insurance agents;
It is easy to talk about what to do and all the best practices which is very important. However, to know what not to do is equally important if you do not want to keep losing good clients. Generally, there is a long list of what all to avoid doing, simple mistakes that fresh and non-trained/ non-experienced individuals do.
Some of these would include not badgering clients without understanding their focus and immediate needs or priorities. Being overly aggressive with your clients and leads can and will result in a massive loss in clients, and no fresh referrals. Be sure to let your clients express their requirements clearly, without interrupting them. When you detect or suspect that there is requirement, the next thing to do is ask probing questions.
Probing questions are simple and direct questions, with the intention of establishing whether the client is looking to buy or not. The job of a Pos Insurance Agent is not to push sell. It is to identify a need, and ‘facilitate’ the service to the client. When the client has been helped by the insurance agent who has understood and helped, then the client feels gratitude and develops trust in you.
Push selling is a big no, and is not recommended in the industry of insurance. Insurance is a very essential and important financial service in India in 2022, and the genuine demand for insurance exists and will always exist. The job of a good and successful POS insurance agent is to establish where a need exists and to cater to that need/requirement.
The basics to do while selling insurance in 2022;
The importance of sharing this information is because the entire career and success of a POS insurance agent depends on knowing the correct process to follow. With the correct process, any insurance POS insurance agent can be highly successful regardless of their education and background.
Simple skills such as listening skills, understanding and identifying a genuine buying need or not, and being helpful with any and all clients related to genuine insurance information. It is important to share complete information with clients, and not just top selling points related to policies. For an insurance POS agent sharing complete information with a client means information that may be related to the limitations of the policy, or possible facts and details that are important and may not be in the favor of the client.
By sharing detailed information with clients related to clauses of the policy that they are planning to purchase, does not mean that you will lose that sale. Customers are also aware that there is always important clauses and wish to hear all the details. By following the correct process to sell insurance, any POS insurance agent can be highly successful.
There is a lot more information related to finding fresh clients and selling insurance and that information can be found on our website. Alternatively you can build your career in the insurance sector by becoming an insurance agent in 2022, and you can sign up online for free on our website. For more information related to signing up online for POS insurance agent you can call our helpful customer service team during regular office hours mentioned on our website.
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3 years ago
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Safetree ·
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In 2022 the career prospects of many professionals in various industries is no longer what it appeared to be a few years ago. Now in the post covid19 world and economy, many industries have been seriously altered. Where does this leave the future of the Pos Insurance Agent? Insurance is an irreplaceable part of the economy and facilitates literally every part of the economy and daily life.
As a result of the importance of the insurance sector, the future career prospects of POS insurance agents is relatively bright as compared to professionals from other parts of the industry. There are some other points however which are a deterrent for many people when they think of becoming a POS agent.
Is the job of a POS agent in India difficult?
Ask any experienced and established insurance agent if their job is difficult, and they will laugh. The normal answer is that nothing is hard or easy. The only factor that makes any job hard or easy is the knowledge of how to do the job. There are many very important points that experienced and successful insurance POS agents are well aware of, as a result they do not find their job hard.
One of those very important points is identifying who is a customer and who is not quickly. This is not done by asking the potential customer various strange questions! An experienced insurance POS agent can have a wonderful and successful career by knowing who to sell to.
A potential customer is a potential customer not because he/she wants to purchase insurance today, but because they will purchase tomorrow. Additionally, most individuals already have some form of insurance already, however even those who have insurance have many questions. A great opportunity for an experienced POS insurance agent to establish new clients is to answer questions related to insurance.
Similarly, experienced POS insurance agents are also well aware of advantage of building trust with their potential customers. Trust is an emotion that cannot be established overnight, and no amount of sweet talking will establish trust. To be clear sweet talking is the opposite of trust, and makes many customers suspicious. Talking facts is the right way to go always for a POS insurance agent who wants to be successful.
If the job is done correctly, the insurance agent can expect to have a career graph that has an upward trajectory continuously.
The knowledge of how to sell insurance successfully in 2022;
Whether you are selling life insurance or non-life insurance, the facts related to selling insurance are all the same. The knowledge related to becoming successful is available on our website, and you can obtain specific information from us regarding how to find new clients and sell easily to them. This does not include selling to your own friends or family.
We at Safetree provide you with a lot of real information about how the best and most successful insurance agents find and sell to new customers on a regular basis. This information is available on our website to help all insurance agents be successful. With the correct knowledge, you can become an insurance POS agent online quickly and easily. Additionally, you can also learn the real secrets to becoming successful easily as well.
For more information related to a successful career as an insurance POS agent online and the real secrets of becoming highly successful as an insurance agent, you can reach us. On our website you will find the enrolment form to help you become an insurance agent. Additionally, you can reach us directly via our contact number and our professional customer service team will assist you directly.
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3 years ago
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Safetree ·
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The qualifications that anyone requires to become a Pos Insurance Agent are a basic school education, meaning 10th and 12th and some other basic documentation such as your PAN Card and other basic ID and age proof. It is a requirement that the POS insurance agent needs to be over 18 years of age. These are the basic requirements to become an insurance agent.
The requirements are not stringent, and anyone who wishes to become an insurance agent can become one. After signing up to become an insurance POS agent, you will require some basic training which will be provided. An insurance POS agent is authorized to sell life and non-life insurance from a multitude of providers. Technically, a POS (point of sales) insurance agent is in a far more advantageous position than a regular insurance agent representing a single provider.
How to become insurance POS agent online;
The process to become an insurance POS agent online is quick and simple. Simply fill out the form that you see on this website or click here to access the application form.
There are no charges and fees associated with becoming an insurance POS agent. This makes the application process fair and accessible to all people.
Because the education qualifications required are also not very high, the opportunities made available to all provide an excellent career opportunity.
The documentation required is also very minimal and nominal which most Indian citizens possess.
Taking all the above mentioned points into consideration becoming an insurance agent is very possible for anyone. All candidates who apply to become POS insurance agents will receive the necessary training required to do the job. Therefore, no candidate needs to carry with them prior information, nor have exceptional selling skills. All such information and training will be provided to the candidate to set them on their path to success.
Why to become a POS insurance agent in 2022;
Whenever anyone is considering the best career path to take in life, their goals and objectives need to be very clearly established. What objectives should any person have when considering a career in any industry. Typically, the objectives should revolve around stability of the industry, and scope for achievement and growth. These criteria are clearly met by the insurance sector, and hence becoming an insurance agent is a very good decision.
The prospects for an insurance POS agent in 2022 are brighter than a number of other industries. One of the greatest advantages of the insurance industry is the fact that it is one of the core foundational industries that make up the global economy.
Insurance makes up a significant part of the process of almost all industries and therefore the future career prospects of all POS insurance agents is robust and bright.
There is a lot more information that you can gather related to any questions that you have about the insurance industry on our site. Alternatively, you can contact us regarding any specific questions that you may have related to the insurance industry, careers and future prospects and also related to support and training that we offer.
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3 years ago
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Safetree ·
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Today you can become an Insurance POS (point of sales) agent online, from the comfort of your own home. To dream of becoming a highly successful POS insurance agent is a realistic goal and dream. Here is some very important information related to the tricks of the trade of insurance, to help you become a successful Pos Insurance Agent. If you are an existing insurance agent or someone who is thinking about becoming one, you will require some information to help you out.
The real secrets/tricks that make any insurance POS agent successful start from self-skills and proceed outward toward product knowledge and more. Every existing insurance agent has the product knowledge of the insurance products that he/she is dealing with.
If you’re an insurance agent or are planning to become one, then you naturally would like to ensure that you are successful and do well. This is possible and we have shared information which will help you achieve that success.
To accomplish all the life’s objectives that you have from your career you will need to learn and follow a few essential strategies, which are as follows;
Personality of a successful POS insurance agent;
For you to be a successful POS insurance agent a certain mindset is required, and if you possess this mindset then you will be highly successful. A successful POS agent is a dedicated and driven person, which means that to be a successful insurance agent, a person needs to be dedicated to his field.
Understanding that success is not an accident and there are no shortcuts to becoming a champion. No one on earth becomes successful accidently, ever. Success in life is a prize for those who decide/choose that success and those who as a result make the effort required to change their own living standards to a better/higher standard of living.
User experience;
The future of the global economy and this world is user experience. Whenever a service provider is dealing with any client, the ‘user experience’ that that client has with the service provider will determine future business. This is a very important key to your success, and needs to be a priority to achieve success.
Post sales service;
Once a consumer or user has purchased a service or a product, they do require post-sales support. If an insurance agent does not provide the customer that essential support then the insurance agent will lose his/her customers to a better insurance agent who does provide excellent customer support.
Relationship building with consumer;
When we speak of relationship building, it means that the consumer should have access to open lines of communication with you via mail and phone etc, that your client receives the information in a timely manner whenever he/she requires information related to his/her policy etc, and it means that you the agent at times will need to go that extra mile to really retain your clients.
Relationship building with a client does not include socializing with a client, it simply means being an excellent POS insurance agent for the client. Meeting all your clients requirements in a professional, timely and courteous manner always. Consistency matters, and the level of customer service should never go down, or you risk losing your existing clients.
Competition;
It is important to realize that in every field of life there is competition which is true for the insurance industry as well. All lucrative fields in life have stiff competition, and to be successful one needs to dedicate themselves seriously. The champions of the insurance industry are those insurance POS agents who dominate the field, and this is because they have essentials skills that they have mastered very well.
Drive to succeed;
This is one of the most important points that you must spend some time thinking about deeply. The drive to succeed comes only when an individual acknowledges the ground realities that make up their own life. Insurance products provide a cushioning against such harsh ground realities of life and this world.
Understanding the ground realities of one’s own life causes one to formulate clear and realistic goals. The drive to succeed is a purely personal choice, and no one can stop anyone from achieving the success they desire if they have chosen to do so.
Referral business;
Referral business comes with good ‘user experience’. In the near future the concept of ‘user experience’ will determine the way business is done. When your client receives professional assistance and finds the interaction with his/her insurance agent satisfactory, your client will then automatically refer people from their ‘inner circle’ to you.
The important point to remember here is that treating a ‘referral client’ well, shows that you have respect for your client who has referred a friend/family to you. It is important to treat the referred person with equal respect that you give your original client. This will result in a rapidly expanding network of fresh clients.
Retaining clients;
Every POS agent needs to remember that retaining your clients is a matter of extreme importance. Your existing clients are the people who will refer fresh business to you. The more existing clients you accumulate, and good quality service as a POS agent will result in an ever expanding network of existing clients.
We at Safetree hope that you found this information helpful, and if you would like further information or assistance on how to be a better insurance agent, you can reach us via our contact page. We will be happy to provide you with further information, and even assist you with expanding your customer network! You can reach us directly at our number 1-800-572-6647, our professional and qualified staff will assist you immediately. Alternatively you can reach us via email and we will respond to your queries within 24 working hours.
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3 years ago
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Safetree ·
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“A great career for POS insurance agents”
This article provides you with real information, and not just a good read. We hope you will find this information useful, implement it and make more clients in 2022. There are real reasons why you get clients and reasons why some do not, and we will tell you those reasons here.
As a POSP insurance agent, you need to realize that friendly relationships with your clients is not enough to generate fresh business. You really need to really gain your clients trust, and when someone really trusts you, then they will refer those people who they care about to you. When your clients speak about you they should say ‘yes, that’s a good person, reliable and trustworthy’.
How to gain your clients trust as an insurance agent;
To gain the trust of any human being, as an insurance agent or as a friend or in any capacity, can only be done genuinely. So let us say that you make some investments of your clients money, you are aware of how much you love your money, and don’t want to lose it. Similarly, you should also realize that your clients love their money and don’t want to lose it.
Whatever you promise your client at the time of giving them any policy or investment option, you need to be sure that you “do not exaggerate”. Stick to the facts, make the risks clearly known, advise your client with the truth while he/she is making their investment decisions, and do not influence them for your own benefit.
When the client sees later on that you were speaking and promising him/her the truth, his/her opinion of you will become very good. This is a simple and real example of how to gain the trust of your client, by telling them the real truth, and advising them regarding their situation with information that will be good for them, and not beneficial for you.
When they (your clients) see that you are doing what is good for them and not for yourself, they will later start giving you their own personal contacts. This takes time and you need to be patient, and it is the only successful method of establishing your credibility strongly in the market. You are aware that the market is very competitive, and that is true for insurance agents also.
Long term v/s short term strategy to sell insurance;
There are some POSP insurance agents who sell with short term objectives when and where possible. Additionally, they then attempt to convert their short term strategy into a long term game plan, and this does not work well. On the other side, there are some insurance agents or POSP agents who have spent a little time delivering profits and good investments to their clients.
These insurance agents are aware that their “goodwill and credibility” in the market earn them money and the work for generating more goodwill and trust of their clients. As a result, their list of clients grows a lot, they do not need to work much convincing clients to buy any insurance plan, because their clients have already heard positive things about you and already trust you.
Conclusion;
This article shared with you some real information about how to become a successful insurance POS agent online and be good at it. If you want more information on how to generate more clients and sales as an insurance agent, you can contact us, and our professional team will guide you on how you can access our Safetree training for POS insurance agents that we have.
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3 years ago
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Safetree ·
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A POS agent is the most important link in the insurance industry or business, between the insurance provider and the client. A POS agent is tasked with bringing clients or customers to the insurance provider (which ever insurance provider that may be). A large chunk of the overall insurance industry depends on the efforts and clients generated via POS agents, and the industry simply wouldn’t be able to function effectively without good POS agents. As a result there is always a demand for good POS agents.
What is a POS insurance agent?
POS stands for Point of Sales agent. While that may not appear to be the most glamorous industry title, it is a serious job and career for many POS agents. Typically, POS insurance brokers are able to provide you with insurance over various verticals including, life, health, vehicle, property, business and more.
Some people have a natural personality type which enables them to be highly successful POS agent. To know more about if you have the right personality type to be a highly successful Insurance POS agent click here 1. With the right “simple” skills the job becomes exceptionally easy resulting in a very comfortable career and income.
Can you be a POS agent?
Anyone with a basic education and the correct skill set can be a successful POS agent, realistically speaking. To be good at the job all one needs is to master a few basic skills, which are easily learnable. The thought of sales or selling intimidates many people instantly, leading to a belief system that it is beyond them. However, the reality is that learning a few basic skills changes the entire situation and makes for an easy task.
The very first question that you need to ask yourself is are you willing to achieve what you desire in life? All you really need to do is decide with a ‘yes’ or a ‘no’. If ‘yes’ is what you are considering, then click here2 for more information related to the steps enabling you that success. The definition of success varies from person to person as well, however being a successful POS insurance agent can provide a person with an excellent income and quality of life thereafter.
One major truth about sales and selling skills for you, some of the richest persons on Earth are excellent at sales and selling. Most highly paid employees are excellent at selling their services to employers. The market reality says that people who are geniuses at sales are highly in demand and sought after eagerly by major employers and business partners.
Why become a POS agent?
There are many personal reasons why individuals choose to be a POS agents, and most of them boil down to opportunity and need. The basic goals that people have for their lives are by-in-large similar related to life and career. POS Insurance brokers are able to meet those requirements of their lives by being POS insurance brokers, and are therefore dedicated to their chosen career field.
The chosen field you choose to work in determines the degree of financial stability that you will have in your life. Typically, experienced and successful POS agents do not need to worry about sudden changes in the market situation as much as people whose income depends on daily traffic. Insurance of all kinds are a major part of the mainstream financial system of the world. Keeping facts such as this in mind, it makes sense to become a POS agent for those who are concerned about the economic situation and financial stability.
The situation now after the spread of the Covid19 pandemic has demonstrated to the entire world how instability can affect their incomes and lives drastically. Becoming a successful POS agent provides you with a far greater degree of financial security than many other professions.
Conclusion;
Some useful information related to becoming an insurance agent or POS agent has been mentioned on this page for you. More information related to any aspect of becoming a POS insurance agent you can reach us via our contact page. Alternatively, you can reach us via our direct contact number 1-800-572-6647 and our dedicated and professional staff will assist you personally.
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3 years ago
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Safetree ·
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The income prospects of an insurance POS agent in 2022 in India are good and very positive. While some industries may be facing volatility mostly due to the pandemic changes, insurance is not one of them. Even though there are changes in the economy, as we are now in times of change and transition or an evolution, there are some foundational services that will remain constant.
The income prospects for a POS insurance agent are unlimited even in 2022, as there is typically no cap on the amount an insurance agent can earn. The real skills, knowledge and methods that a POS agent requires to be a successful insurance agent are taught to you by Safe Tree. This training ensures that you do not struggle with making clients, and expanding your client network unlimitedly.
How to become an insurance POS agent in 2022?
You can become insurance POS agent online, the formalities are simple and our customer service professionals will assist you with the registration process etc. You do not need to be specifically qualified to become insurance agent. This is a very good thing as those who do not have the best education, however have a burning desire to change their lives, or provide a better life for their family can do so.
What really determines an insurance agents success, is the skill level they demonstrate in their craft overall. This skill level we will share with you, real best practices and skills that will result in expanding networks and sales and finally more income for you. For specific information and assistance related to insurance marketing and selling methods click here.
For any fresh POSP agent for insurance the income prospects are completely dependent on their ability to attract fresh clients. We at Safetree stick to genuinely tested information and proven methods of gaining fresh clients. We share this information with all who become insurance POS agent, because your growth and success is related to our success and growth.
Income prospects in 2022 for POS insurance agents;
This topic gains a lot of interest for the reason that income is very important for everyone. While we can explain to you how important the insurance sector is, we are sure that you have a fair idea about that. Insurance is important, and that is a well known fact around the world. However, what we do share and will share with all our POS agents is information related to gaining fresh clients and growing their client base.
Such information provided by Safetree does give POS insurance agents a strong start and bright future without spending a lot of time struggling and getting de motivated. An insurance agent or point of sales agent is a person to whom customers come to get their insurance requirements met. Customers ask for information related to the various details of various policies and that information needs to be readily available.
To gain the trust of a customer a POS insurance agent does not need to become ‘over friendly’ with any customer. All a POS agent needs to do is provide their customers with all the assistance they require related to their policy or policies. If a customer feels that you are very genuine and helpful, they will develop a good impression of you and refer you to some people within their ‘inner circles’.
If you are considering becoming a POSP agent for insurance, and are trying to determine what the career or income prospects are, we hope your found this article helpful. You can always reach us directly if you are unable to locate the specific information you are looking for on our website. Our customer service team will respond to your query ASAP.
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4 years ago
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Safetree ·
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Seeing is believing might be an old English adage, but the meaning and relevance of this adage are still valid and acceptable in different situations of our lives. Don’t believe it? Fine! Let’s check if we believe it or not. How many of us prefer buying a refrigerator online? Not many of us for sure. Government initiatives such as demonetization have surely boosted the e-commerce and digital economy. Such drastic moves require time and concerted efforts not only from the government but also from citizens. Yes! We have been initiated towards our transformation into accepting the digital economy and e-commerce into our lives. But this transformation process has just been started and would take a considerable time before being accepted completely.
On second thought, even if we have accepted the digital economy, we have not completely surrendered ourselves to such an economy. Practically, how many of us have internalized such digitalization? Maybe only a handful of us or even lower than that. However, most of us still prefer buying things, especially things that involve our passion and a huge sum of money. We always prefer buying designer clothes or consumer durables after seeing them and after a salesperson confirms the benefits and features.
While we have been discussing quantified things and their purchase, let us now talk about financial instruments and their purchase? How many of you would buy a policy online? How many of you would be convinced of purchasing such a certificate based on your research (primarily online research)? Some of us, confident in our financial knowledge and research insight, would say yes. But such people would surely go and check the reviews about such financial products online. Expanding the picture further, can such online purchase of financial instruments such as instruments be possible and feasible for most of the population in a country like India? India still has a huge population staying in small cities, towns, and villages. The exposure to the internet and reliance on such information obtained from the internet is doubtful. Therefore, POS Agents come in handy, especially in these areas.
Who is a POS Agent?
POS Agent is a common term in the field of insurance. POS Agent or Point of Sale Agent is a person or a group of people who helps sell basic products in insurance. POS Agent is an accepted terminology in the context of selling insurance products. Even the IRDAI (Insurance Regulatory and Development Authority) approves POS Agents’ appointment since 2015 as distributors of Insurance products. The POS Agents are the last man holding the baton in the relay race of selling insurance. POS Agent is the last baton man that convinces and clinches the sale of insurance products. POS Agents travel that last mile of converting a Prospective Client into a Customer. POS Agents can also be thought of as the people responsible for managing the Push Sale of insurance products.
Role of a POS Agent
A POS Agent is somewhat comparable to a salesperson of a showroom. The showroom belongs to the owner. The owner would most probably sit on the cash counter handling the cash. However, the majority of the sales process is managed by the salesperson moving around the showroom. The salesperson greets the customer when he/she enters the showroom. The salesperson inquiries about the customer’s requirements and guides the customer to the appropriate place where he/she would get what he/she wants. Further, the salesperson also tries to push sale more units from the store, such as accessories or other complementary or supplementary items based on the customer’s need, requirements, and temperament.
Similarly, the role of the POS Agent can be defined or explained as:
- POS Agent works on the field (usually in the locality, city, or state where the POS Agent resides)
- POS Agent is the direct contact person for the customer (customer of the said insurance company)
- POS Agent builds rapport with the customers and/or prospective customers.
- POS Agent explains the insurance products such as motor insurance, travel insurance, health insurance, and personal accidental insurance, among other insurance types.
- POS Agent also explains the benefits of having such insurance products to the customers
- POS Agent influences the customer to purchase such insurance products and finally motivate them to buy such products.
- POS Agent also helps the customer renew the policy, make timely payment, and/or claim benefits of the policy, among other activities related to the insurance policies
Therefore, just like the salesperson of the showroom is the contact person for the customer. POS Agent is the contact person working on behalf of the insurance company. The POS agent is, in fact, the face of the company for the customer. There is a huge population that still rely and believe on this face of the company and invests. This population does not research on the website and check with the company headquarters. POS Agent is the company for them.
Benefits of being a POS Agent
The POS agent plays an important role in any insurance company. The POS agent is the company’s face, and therefore they are important stakeholders of the company. Some of the benefits of being a POS Agent with an insurance company include:
- Becoming a POS Agent is Easy: Becoming a POS Agent is rather easy in two ways:
- Educational Requirement is low: Usually, various companies’ job descriptions require the candidate to have high qualifications. However, becoming a POS agent is relatively easy. Individuals with lower qualifications and minimum training can become POS Agents. Thus, POS Agents need not be as qualified or trained as the agents, brokers, or corporate agents of the insurance company. POS Agents need to work at the grass-root level for the insurance company, and therefore, what is more, important is that the POS Agent understands the product well and communicate with the customers well about the products. Even IRDAI has permitted the POS Agents to sell basic insurance products, not requiring much underwriting. Therefore, the POS Agent needs to be at least 18 years of age and have cleared Class 10. The companies, though, need to conduct 15 hours of in-house training to train the POS Agent about the products, as mandated by the IRDAI.
- Hiring is Easy: A POS Agent can be directly engaged by the insurance company or even by the insurance company’s intermediaries (agents and brokers), thus enabling quick hiring and on-boarding of the POS Agents. You can get a job if you have it in you!
- Becoming a POS Agent is Worthy: The POS Agent can either work with the insurer (insurance company) directly or an agent or broker of the company. Whatever the situation be, the POS Agent gets a good reward for his/her efforts. More the efforts, more are the reward. The effort-based rewarding system acts as a motivator for the POS Agent. Further, the POS Agent can take up this work as a part-time activity too! Therefore, becoming a POS Agent is worth it.
- Becoming a POS Agent is Respectable: POS Agents get to interact with the customers directly. The POS Agents become the face of the company for these customers. Therefore, respect for the company, especially when the products benefit the customers, can be directly enjoyed by the POS Agents.
The position of a POS Agent is an important one. Become a POS Agent to earn respect and earn money today.
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