Earning

1. How to start earning by Selling Insurance

Everyone in today’s day and age is on the lookout for new ways to earn an extra buck, on top of monthly salaries. This extra earning can be used for personal expenses, travel fund or for savings. The Insurance Industry in India now lets you do the same – With very minimal criteria to enter this field.

Selling insurance can open up a wide range of opportunities if you are interested in earning an additional income. And you can also take this opportunity from the comfort of your home, and through your mobile phones or laptops.

In addition to the income, you can also discover and succeed in a new career path, in a field which is growing steadily in India.


2. How much can you earn – Commissions/Payout Structure

The answer is that you have the opportunity to earn Unlimited Income, and this depends on the number of policies you sell.

Commissions on Policies Sold
As a POS Advisor, You are eligible to earn a % of the premium as a commission, for each and every policy that you sell through the Covernote App. The % amount varies based on the Type of Policy (Health, Motor, Life, etc.) and also on the basis of the norms laid down by the IRDAI, which are frequently revised.

Rewards and Recognition
In addition to commissions on business done, we also have Rewards and Recognition programs in place for Achievements of sales targets, and exemplary performance.
There are also recognition ceremonies, awards, and so on, to provide encouragement and career advancement in Insurance.

For more details, you may visit – www.irdai.gov.in