Become an Insurance Agent
What is insurance?
Insurance is a mutual contract that a person buys from an insurance company by paying premiums to the insurance company on a yearly, monthly or quarterly basis. In return, the insurance company protects the buyer or policyholder against future losses or risks.
In addition to individuals, both public and private organizations can purchase insurance to protect their employees. It is basically a form of risk management system that allows the insured to obtain protection against potential incidents such as loss, sickness, death, loss of property, etc.
Insurance is the only financial tool that helps you manage your financial risks smoothly and reduce your financial worries.
Why do you need Insurance?
Life is full of uncertainties, it is really important to buy insurance as early as possible to protect you and your family from all odds. An insurance plan not only protects you, but also provides you with mental peace. Insurance is especially important for the elderly, for whom these policies can replace their income and help themselves and their families.
In addition, you can use these insurances to achieve your investment goals and to design a comfortable retirement plan. Many insurance policies also offer a loan against them, which is another benefit you can enjoy when buying insurance. Above all, insurance will not only take care of you but also your loved ones and loved ones by paying for their different needs even when you are not there.
So, choose your insurance plan carefully as there is a huge amount of insurance on the market.
BANKIT provides insurance coverage in collaboration with easy policy for Religare, Max bupa, HDFC etc. a trusted Indian company. These are India's top insurance company and IRDA certified. As an insurance company or agent, you can use our API on your portal for more services and higher margins.
Our Insurance API allows you to access all of the policies provided by top insurance companies from your own portal. Insurance makes your batch process very easy and safe. We are the best API provider in India. For more information about the Insurance API, please see our quick call plan. A member of our team will contact you shortly.
BANKIT Insurance API
- Inbuilt Online API Integrated with all Top Insurers
- Offline Premium Calculator for all Top Insurers
- Easy and Time saving
- Feature Comparison
- Quote Comparison
- Robust Hosting with Load Balancing
- Online Traffic & Lead Generations
- Free Training for the 1st Month
You can sell the following insurance policies from all the best insurance companies in India
- Life Insurance
- Term Insurance
- Health Insurance
- Personal Accident
- Car Insurance
- Two-wheeler Insurance
- Health Insurance
- Travel Insurance
- Home Insurance
How to Become an Insurance Agent?
An insurance business is not affected by any recession or economic down turn Insurance is one of the sectors which is not greatly disturbed by the state of the economy.
Step 1: Decide if you want to complete an associate or bachelor's degree program.
University education can help experienced professionals transition into careers in risk management, actuarial, or other positions requiring secondary education. Behind business and finance can be a huge benefit to agents.
Step 2: Select a specialty.
Agents sell many different types of insurance such as property damage, damage, disability and personal insurance. These are called "authorities" in industry. Agents must obtain licenses for their specific authority. Knowing what types of insurance you want to sell is an important step in your career path.
Step 3: Complete prior authorization requirements.
Prior authorization requirements vary from state to state, but are a mandatory step toward earning a license as an insurance agent or broker.
Step 4: Pass the License Exam
All agents must pass a license test to sell insurance. The National Register of Insurance Producers has compiled a list of national licensing requirements, related fees and other relevant information on the licensing process.
Step 5 Apply to Insurance Companies
Agents who have met all the requirements and earned a license are eligible to work for insurance companies and brokerage firms, which may range from small local brokerages to regional offices of well-known insurance companies.
Join BANKIT insurance business and earn decent commission.
Compare insurance policies offered by various insurers in India & buy insurance policy online. Get instant quotes & save huge on insurance premiums on BANKIT portal.
BANKIT offers Insurance API of India’s trusted companies LIC, Tata AIG etc.. These are India’s top insurance company and IRDA certified. As an insurance Agency or Agent, you can use our API for your portal and get more facilities and higher margins.
By our Insurance API, you can Use all insurance policy provided by LIC, Tata AIG etc. form your own portal. Insurance API will make your installment process very easy and secure. We are best API provider in India. For more information about Insurance API use our Instant Call back facility. Our team member will contact you soon.