Company
Choice Retail Solutions Private Limited, Sunil Patodia Tower, J.B. Nagar, Andheri (East), Mumbai 400099.
30,000+
Business Partners
To become a Corporate Insurance Agent online through Choice Connect, you need to be at least 18 years of age, holding a minimum of a 12th-grade educational qualification. You must also complete the POSP Training and get certified for the same. Apart from that, being self-driven with a knack to sell products will be the basic requirement to become a corporate insurance broker through us.
A corporate agent in insurance is a trusted source representing an insurance company or on behalf of an insurance company to sell insurance policies. The corporate insurance broker has to first identify the need of the company before offering the services. He has also to take into account the number of insurers and the services offered against it.
For instance, if a company has opted for travel insurance in a year, the number of insurers , if exceeded, the agent might have to issue a fresh policy or upgrade the policy, if possible. Corporate entities that offer these kinds of services follow an open architecture proforma herein, they can sell multiple policies. While a corporate insurance agent has its restriction one life, one non-life insurance and one health insurance company only.
Any individual can choose to become a Corporate Insurance Agent if you wish to create a source of income from the convenience of your home. A great option for Homemakers, Retirees, Students, and Financially Savvy Individuals among others. Some of the benefits include:
Every individual somewhere down the line desires to be part of the suited booted culture of the corporate. But what daunts an individual is whether the wish shall be granted or not and if granted will it be as per their expectations. HEnce, being a corporate insurance agent fulfills all these aspirations. A corporate insurance agent learns about the company's know-how and is a consultant to find and shield them with the right policy. The corporate becomes his universe where he/she can look forward to a future as a corporate insurance agent.
Earning while learning or earning full time, whatever may be the case, being a corporate insurance agent definitely contributes to an individual's financial freedom. He/ She has the advantage to work as per his time and convenience yet earn to the best of his potential.
There are various types of corporate insurances that one can offer. This directly states that there shall at no point be lack of opportunities. It is upto his/her determination to earn as much as they can as a corporate insurance agent.
The growth factor is one of the significant advantages. You get to meet many experienced individuals from the industry that help you in self as well as professional growth.
The commission of a corporate insurance agent varies on the policy sold.
Every policy sold holds a premium that is distributed over a period of time. The commision received is on the premium that is charged.
There was a sudden spike in more and more corporates entering the domestic market after 2008. This worked as a positive momentum for the corporate insurance industry thus resulting in a demand for corporate insurance agents.
Currently, one can earn by means of commission or by associating with a specific insurance company that could offer a salary or commision.
Until yesterday, the task of a corporate insurance broker was tedious and mind-boggling. With the digitisation, it has become convenient and hassle-free. That’s why most of the Corporate Insurance Agents are opting to associate with companies that are online and facilitate ease in documentations. Furthermore, the other hindrance is that every insurance agent cannot be an entity which is a major requirement for corporate insurance. The best way is to associate himself/ herself with a licensed service provider. Choice Connect, as an organisation offers ample opportunities to insurance agents along with simple processes.
In corporate insurance a number of factors need to be considered:
The corporate insurance industry is designed on the basis of commissions as this may give the flexibility for an individual to service as per their convenience.
Choice Connect currently offers one of the best services to all agents through its platform whilst providing attractive incentives.
To become a Corporate insurance agent with us:
A Choice Broking Associate needs to be:
To be a part of Choice Connect, you need to register yourself as a CBA(Choice Business Associate) in 6 simple steps:
A Choice Broking Associate needs to be:
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Choice Retail Solutions Private Limited, Sunil Patodia Tower, J.B. Nagar, Andheri (East), Mumbai 400099.
