Complete Guide to Start Life Insurance Salesperson – Get Certified to Sell Life Insurance Service
ऒप कैसे लाइफ इन्श्योरेंस की बिक्री शुरू कर सकते हैं
1) Introduction & Basic Information (परिचयय और मूल जानकारी)
Starting a career as a Life Insurance Salesperson can be both financially rewarding and personally fulfilling. As an insurance agent, your role involves educating clients on various policies, helping them select suitable plans, and ensuring their financial security. The demand for life insurance continues to grow, making it a lucrative business opportunity.
In India, the insurance penetration rate is steadily increasing, and people are becoming more aware of the importance of life insurance. This opens doors for aspiring entrepreneurs to start a life insurance salesperson business with minimal investment.
Key Highlights:
- Growing Industry: The insurance market is expanding rapidly.
- Low Investment Business: No need for a big office setup; you can start from home.
- Commission-Based Earnings: Higher the sales, greater the income.
- Flexibility: You can work full-time or part-time.
This guide provides an end-to-end roadmap on how to become a certified life insurance salesperson, including licensing requirements, investment details, marketing strategies, and potential earnings.
2) How to Start (कैसे शुरू करें)
Starting a life insurance sales business requires a structured approach. Here are the essential steps:
- Understand the Market: Research different insurance policies, companies, and commission structures.
- Choose an Insurance Provider: Partner with a reputed life insurance company.
- Get Certified: Obtain the necessary training and pass the IRDAI exam.
- Acquire a License: Secure the mandatory Insurance Regulatory and Development Authority of India (IRDAI) license.
- Build a Network: Connect with potential clients and organizations for business growth.
- Start Selling: Begin with family, friends, and referrals to gain experience.
3) How to Select Location (स्थान की चुनाई कैसे करें)
Selecting the right location can influence your business growth. Some factors to consider:
- Urban vs. Rural Areas: Urban areas have higher insurance awareness, while rural areas have untapped potential.
- Commercial Areas: Offices and business districts provide better networking opportunities.
- Home Office: If you have a strong online presence, you can work remotely.
4) Prerequisite (पूर्व शर्तें)
Before starting, you must fulfill the following:
- Educational Qualification: Minimum 12th pass (varies by company).
- IRDAI Certification: Complete a 15-hour training program.
- Soft Skills: Good communication, persuasion, and financial knowledge.
5) License and Permits Needed (लाइसेंस और नियम)
To operate legally as an insurance salesperson, obtain:
- IRDAI License: Mandatory to sell life insurance policies.
- PAN & Aadhaar Card: Required for registration.
- GST Registration (if applicable).
6) Minimum Investment (न्यूनतम निवेश)
This is a low-investment business. Expected costs include:
- Training & Certification Fees: INR 2,000 – 5,000
- Marketing & Promotion: INR 10,000 – 20,000
- Website & Online Advertising: INR 5,000 – 10,000
7) How to Do Initial Marketing (प्रारंभिक मार्केटिंग कैसे करें)
To establish yourself, adopt these marketing strategies:
- Word-of-mouth referrals
- Social media advertising
- Google My Business listing
- Workshops and seminars
8) Packaging if Required (पैकेजिंग यदि आवश्यक हो)
While insurance doesn’t require packaging, presenting documents in a professional folder or digital format can leave a positive impression.
9) Estimated Profit (अप्रेक्षित लाभ)
Your earnings depend on:
- Commission per policy: 15-40% for the first year.
- Renewals: 5-10% commission on policy renewals.
- Monthly Income: INR 30,000 – 1,00,000+ (depending on sales).
10) Conclusion: Benefits & Risk (संग्रह: फायदे और जोखिम)
Benefits:
- Low investment, high returns
- Flexible working hours
- Ever-growing demand
Risks:
- Market competition
- Client trust-building challenges
- Initial struggle in acquiring customers
11) FAQs (सावाल प्रश्न)
Q: How long does it take to get an IRDAI license?
A: Around 2-4 weeks after passing the exam.
Q: Can I do this part-time?
A: Yes, many insurance agents work part-time.
Also Read – Complete Guide to Start Accounting and Bookkeeping Service
