How to Become an Insurance Agent

An insurance agent is a professional who helps individuals and businesses choose the right insurance policies to protect their financial future. Whether it’s health, life, vehicle, or business insurance, an agent plays a crucial role in guiding customers through different options, explaining coverage details, and helping them make informed decisions. Their job is not just about selling policies but also about educating clients on the importance of insurance, assessing their needs, and ensuring they get the best protection at the right price. A good insurance agent builds strong relationships with clients by providing continuous support, answering queries, and assisting in claim settlements.

With the increasing awareness of financial security, the demand for insurance agents is growing. This profession offers a great opportunity for those who have strong communication skills and a desire to help others. Apart from earning commissions on policies sold, agents can enjoy long-term benefits as they build a loyal customer base. It is a career that provides flexibility, financial growth, and the satisfaction of securing people’s futures. Whether working independently or with an insurance company, an insurance agent plays a key role in making insurance accessible and beneficial for everyone.

How to Become an Insurance Agent in India

Becoming an insurance agent in India is simple and offers great earning potential. If you are looking for a career that provides financial stability, flexibility, and the opportunity to help people secure their future, becoming an insurance agent is a great choice.

Step 1: Meet the Eligibility Criteria

To become an insurance agent, you must:

Be at least 18 years old
Have a minimum qualification of Class 10th (for rural areas) or Class 12th (for urban areas)

Step 2: Choose the Type of Insurance to Sell

Insurance agents can sell:

Life Insurance (e.g., LIC, HDFC Life, SBI Life)
General Insurance (e.g., health, motor, property, travel insurance)
You can choose to sell one or both, depending on your preference.

Step 3: Join an Insurance Company or a Fintech Platform

Instead of going through a long process, you can sign up with an insurance company or a fintech platform like Biznext, which makes it easier to start selling insurance. These platforms provide a simple registration process, training, and support to help you succeed as an agent.

Step 4: Complete IRDAI Training

The Insurance Regulatory and Development Authority of India (IRDAI) requires all insurance agents to complete training:

15 hours for general insurance agents
25 hours for life insurance agents
Many fintech platforms and insurance companies offer this training online for your convenience.

Step 5: Get Your License & Start Selling

After passing the exam, you will receive an IRDAI license that allows you to start selling insurance. If you have joined a fintech platform like Biznext, you can start selling right away without worrying about paperwork and complex processes.

How to Become a Health Insurance Agent

Step 1: Sign Up with Biznext

Download the Biznext app or visit the website to register. Provide basic details like your name, mobile number, and email ID to create your account.

Step 2: Log in & Complete KYC

Once registered, log in to your Biznext account and complete your Know Your Customer (KYC) process. Upload required documents like:

PAN Card
Aadhaar Card
Bank Details (for commission payouts)

Step 3: Activate the Insurance Service

After KYC verification, go to the “Insurance” section in the Biznext app and activate the health insurance service. This will enable you to access different health insurance policies from top providers.

Step 4: Get Free Training

Biznext provides free training to help you understand different health insurance policies, customer benefits, and selling techniques. The training is easy to follow and prepares you for the IRDAI exam.

Step 5: Start Selling & Earning

Once your training is complete, you can start selling health insurance directly through the Biznext platform. Share policy details with customers, help them choose the right plan, and earn commissions on every sale!

How to Become a General Insurance Agent in India

A general insurance agent helps people protect their assets, health, and travel plans by offering insurance policies. This career provides flexibility, a steady income, and a chance to grow professionally. If you want to start your journey as an insurance agent, follow these steps:

Step 1: Learn About General Insurance

General insurance covers different types of policies, such as:

Health Insurance – Covers medical expenses
Motor Insurance – Protects vehicles against damages
Travel Insurance – Covers trip cancellations, medical emergencies, etc.
Home & Property Insurance – Safeguards houses from natural disasters, theft, and damages

Before starting, it’s good to understand these products so you can guide customers properly.

Step 2: Choose an Insurance Company

You can work with a government or private insurance company that offers general insurance policies. Research companies based on:

Commission structure
Training and support
Policy variety and benefits

Step 3: Meet the Eligibility Criteria

To become a general insurance agent, you must:

Be at least 18 years old
Have completed Class 10th (rural) or Class 12th (urban)
Have a basic understanding of insurance products (which you can learn through training)

Step 4: Complete IRDAI Training

The Insurance Regulatory and Development Authority of India (IRDAI) mandates training for all insurance agents. This includes:

15-hour training for general insurance
Conducted online or at the insurance company’s office
Covers insurance policies, claim processes, and ethics

Step 5: Pass the IRDAI Exam

After completing the training, you need to take the IRDAI IC-38 exam. The test includes basic questions on insurance concepts, regulations, and customer handling. Once you pass, you receive an official license to sell general insurance.

Step 6: Get Your License & Start Selling

After clearing the exam, the insurance company issues your IRDAI license, allowing you to sell general insurance policies. You can now approach potential customers, explain the benefits of different policies, and earn commissions on every sale.

Step 7: Build Your Customer Base

Use digital platforms to promote insurance services
Educate customers on the importance of insurance
Provide good service to get referrals and repeat business

Car insurance is mandatory in India, making it one of the most in-demand insurance products. Becoming a car insurance agent is a great way to earn commissions while helping vehicle owners get the right coverage. The process is simple, and you can start in just a few steps.

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How to Become a Car Insurance Agent

Step 1: Choose an Insurance Company or a Fintech Platform

To become a car insurance agent, you need to register with an IRDAI-approved insurance company or a fintech platform that offers car insurance services. Here are the top companies you can consider:

1️⃣ ICICI Lombard General Insurance – One of the largest private insurance providers, known for quick claims and strong customer service.
2️⃣ HDFC ERGO General Insurance – Offers a wide range of car insurance plans with cashless claim services.
3️⃣ Bajaj Allianz General Insurance – Provides competitive premiums and a high claim settlement ratio.
4️⃣ New India Assurance – A government-owned insurer with a trusted reputation and vast network.
5️⃣ Biznext – A fintech platform that allows you to sign up easily, activate car insurance services, and start selling without complications.

Step 2: Register & Complete KYC

Once you choose an insurer or platform, complete the registration and KYC process. This usually involves submitting:
✅ Aadhaar Card
✅ PAN Card
✅ Bank Details (for commission payouts)

Step 3: Complete the IRDAI Training

The Insurance Regulatory and Development Authority of India (IRDAI) requires all agents to undergo a 15-hour training program, covering:

Car insurance policies and coverage details
Claim handling and settlement process
Regulatory compliance and customer service

Many companies provide this training online, making it convenient for you.

Step 4: Pass the IRDAI Exam

After training, you need to clear the IC-38 exam, which is a basic test on insurance concepts and ethics. Once you pass, you get your IRDAI agent license, allowing you to sell car insurance legally.

Step 5: Start Selling & Earning

Once licensed, you can start selling car insurance policies. Share policy options with vehicle owners, help them choose the right plan, and earn commissions on every policy you sell. Many insurers provide a digital platform for easy policy issuance.

Conclusion

Becoming an insurance agent—whether for health, general, or car insurance—is a great career choice with high earning potential and flexibility. With minimal investment, simple registration, and free training, anyone can start selling insurance and earn commissions.