Become a Two Wheeler (Bike) Insurance Agent

Become a Bike Insurance Agent
30,000+ Bike Insurance Agent

30,000+

Business Partners

Become An Agent

I agree that I have read & accept the Terms & Conditions
Become a Bike Insurance Agent & Earn High Commission
EarnGreat Incentives
Become a Two Wheeler Agent with No Investment
NilInvestment Required
Become a Motorcycle Insurance Agent with Zero Registration
Zero Registration Cost
Be Bike Insurance Broker & Sell Insurance from 30,000+ Companies
30,000+ Insurance Partners

Benefits to Become a Bike Insurance Agent

Sell All Types of Bike Insurance

Compare Quotes from Multiple Companies

Get Access to Track Leads

Instant Policy Issuance

Timely Payout

Training and Sales Support

Instant Paperless Registration

No Time Constraints

Become A Bike Insurance Agent & Earn Extra Income With Benefits

How To Become A Two Wheeler Insurance Agent Online?

  • 01
    Register on Choice Connect
  • 02
    Apply for POSP Training
  • 03
    Get POSP Certified
  • 04
    Refer Clients
  • 05
    Track Lead Status
  • 06
    Receive Payout
How to Become an Insurance Agent
  • Register on Choice Connect
    01
  • 02
    Apply for POSP Training
  • 03
    Get POSP Certified
  • 04
    Refer Clients
  • 05
    Track Lead Status
  • 06
    Receive Payout

 Motorbike Insurance Agent Qualifications & Requirement

Bike Insurance Agent Qualifications & Requirement

To become a Bike 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 an Insurance Agent through us.

Why Choice Connect?

7,50,000+

Clients

104+

Local Offices

30,000+

Business Partners

30+

Years of Experience

What Our Partners Say About Us?

“I have been working as a two-wheeler insurance agent for two years now. The training and Sales guide is very helpful. It helps me stay updated about the latest two-wheeler policies in the market. Also, the support that I get is encouraging and helps me make lead conversions easily.”

Ramesh Ojha

“Excellent technical support, round the clock assistance from my Relationship Manager and excellent payment - I just love my job as an agent through Choice Connect.”

Sourabh Mande

“Being a homemaker I cannot take up a full-time job. But after becoming a two-wheeler insurance agent through Choice Connect I can now work at flexible hours, work from home and take my training to enhance my knowledge to sell the latest policies. I am so happy to be working here.”

Sneha Shaw

What Our Partners Say About Us

Build Your Insurance Career With Us & Earn Great Commissions

Frequently Asked Questions

1.Why should I become a Motorcycle Insurance Agent through Choice Connect?

2.What support will I receive from Choice Connect?

3.What will be my responsibilities as an Insurance Advisor?

Bike Insurance Agent

A Bike Insurance Agent is broadly categorized as a motor insurance agent, as someone who earns commissions with an Insurance Company and promotes the policies offered for specific motor insurance products. Also ,known as two wheeler insurance agents, they are equipped to consult two wheeler owners on acquiring the appropriate insurance policy based on the customer preferences and requirements.

The agents collaborate directly with the insurance company to divulge information that remains compatible with the clients and aim at providing services without any breaches. These agents are trained to push policies to sell insurance schemes that help the owner cover any unforeseen expense due to damage caused by accidents, thefts, fire, natural calamities, or liabilities towards accidental injuries to the third parties.

Bike Insurance

A Bike Insurance has been one of the necessary documents that a two-wheeler vehicle owner must have as there has been an increasing number of vehicles on the road and it is understood that safety is at the priority.

The increased number of motor vehicles has made our roads much more accident prone. The thoughts of a fatal accident has not only snatched the well-being of owners but it also makes them think twice before buying a motor vehicle.Moreover, it also boils down to the fact that if they can afford the damages caused to the vehicle just in case anything happens. So to ensure safety and well-being while riding your two wheelers or a motor vehicle you are required to have insurance coverage.

As appealing to the aforementioned causes, the Supreme Court released an optional directive (effective from September 1, 2018) that all General Insurance companies are to issue a five-year TP (Third Party) insurance cover for two wheelers purchased henceforth, this directive being optional, it still amassed two wheeler vehicle owners to hold at least a mandatory third-party liability insurance cover, with heavy penalties if a breach of mandate occurred.

Two Wheeler Insurance Agent

With motor insurance constituting 39.4% of the non-life insurance market in India, positions for Two wheeler insurance agents are the surge. A two wheeler insurance agent is associated with selling motor vehicle-related (two wheeler) insurance products to prospective customers who are willing to purchase the same based on their requirements. With IRDAI making motor insurance compulsory in India, the policy covers protection against natural disasters, non-natural accidents, and legal liabilities such as a third party being involved in an accident. The agents are exclusively trained to comply with irregularities and help with developments across suitable policy purchases

Who can Become a Bike Insurance Agent?

Inclusive of the strict advisory provided by insurance companies, an individual that lays the interest to become a bike insurance agent must conform to a minimum age of 18 years or above. The sector amasses talent who have completed his/her education have completed 12th standard education. As proof of identification, the interested candidate must possess an Aadhaar Card and PAN Card. Although, opportunities in the bike insurance sector can be availed by retirees, students, or undergraduates looking for a side hustle that would compensate them with some extra bucks.

Some practices require the person to undertake specific training enlisted with the company he/she has applied for. The compulsory training is prescribed by IRDAI (Insurance Regulatory and Development Authority of India), a regulatory body under the jurisdiction of the Ministry of Finance, Gov. of India, that is responsible for regulating and licensing the insurance and re-insurance industries of the country. The training further coincides with a mandatory examination specified and conducted by IRDAI that further strengthens the position of the interested candidate.

However, if you enrol the opportunity through a financial service provider, you may not be required to be licensed professional as the service provider itself is a registered authority which shall ensure that all base requirements are fulfilled. Simultaneously, it gives you exposure to various insurance companies.

Benefits of Becoming a Bike Insurance Agent

The following benefits are to be considered while applying for a bike insurance agent position with a respective insurance company:

  1. As a POSP (Point of Sales Person) partner, the candidate will register directly with the insurance service provider which will further connect to insurance companies.
  2. Complying with company standards to provide exquisite financial advisory services and consultation to clients on financial products offered by the company.
  3. Collaboration with strong backend support that will render technical support to help to deliver your commitments smoothly.
  4. Opportunity to work for leading Insurance companies in the country and relish industry knowledge that enhances your portfolio.
  5. Ensures financial independence, as being a motor insurance agent will ensure the person with a constant source of revenue according to their performance.
  6. The high claim settlement ratios of the insurance firm will keep you financially motivated.
  7. The online operational framework ensures speedy engagement over form filing, and submission of reports. The extensive paperwork is reduced to an online portal that helps the agents fasten the payment procedure and furnish the prospective clients with the best insurance rates.

Bike Insurance Agent Commission

In the year 2017, IRDA hiked the commission of most non-life insurance policies making it more attractive and thus resulting in more opportunities under its revised commission guidelines released in March.

In India, the commission payable to bike-insurance agents depends on varied factors. Complying with the policymakers, the insurance comprises two components, viz, Third Party or Act Only, and Own Damage. The percentage discretion generally bifurcates between the two components, without deduction of the premium.

Two Wheeler Insurance Agent Salary

Two wheeler insurance agents in India earn handsomely, however, it may vary between policies. The remuneration may differ as per the company, besides relevant factors such as location and precedence of tenure. Keeping in mind the outcome of the sales achievements, the insurance agent has the capacity to earn accordingly, since there is no upper ceiling concerning the earning potential of the two wheeler insurance agent.

Bike Insurance Agent Roles and Responsibilities

To comply with the industry-standard service delivery, a bike insurance agent should be equipped with multi-faceted roles and responsibilities that add to his forte of engagement with the customer. Some of them are listed below:

  1. A two wheeler insurance agent is provided with the expertise to promote the exchange of insurance products and services offered by the company. For this, he requires to possess the ability to engage wholesomely with clients on a one-on-one basis. At times, agents need to commit to online consulting which requires sound knowledge to resonate with the customers based on their preferences.
  2. Two wheeler insurance agents should have the guided knowledge to provide sound financial advisory services and customer support to respective clients. This requires not only dealing with individual clients but at times, corporate houses as well. This has been laid down as building a good rapport with the existing and prospective clients so as to promote expert communication that caters to their issues.
  3. The knowledge gained and expertise built helps a two wheeler agent promote company policies based on a well-defined roadmap.
  4. A priority of a two wheeler insurance agent must be of assistance with documentation. The responsibility entitles the agent to address any inconsistency with the paperwork and contribute towards the elimination of complexities.
  5. A beaming necessity to have joined as a two wheeler insurance agent is to have a grasp over the market. This constitutes general awareness, knowledge of competitors, and comparison analysis, in case the client comes up with questions.
  6. The agent should be committed to developing well-drawn marketing strategies, keeping in mind the preferences of the customers. These strategies should be revised time and again so as to remove any loopholes in the projection of company policies.
  7. Ample stress should be laid on developing PR exercises and aggressive persuasion of business development tactics.

Minimum Eligibility Criteria for Bike Insurance Agents

The standard minimum eligibility criteria allows candidates with a minimum age of 18 years or above and is required to complete till 12th standard. As proof of identification, the candidate must possess documents such as Aadhaar Card and PAN Card, Address proof. Furthermore, the candidate is required to undertake specific training conducted by IRDAI.