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Become an Insurance Advisor

Choose your career to become an insurance sales agent which will give you an opportunity to earn money from home by using the network of your friends and family. The best part is that you can work from home without investment, you got flexible working hours, the privilege to have a source of a second income and you can be your own boss. In this article, we will discuss the 6 steps to become an insurance advisor and things you must consider. And, by the end of this article, I will reveal those platforms where you can register yourself as an insurance advisor and can work from home online. For now, please go through the below-mentioned steps.


1. Available Options 

For you to be an insurance advisor or agent you need to be associated with a broker or an insurance company. While you are in association with an insurance company you are eligible to sell any policies from the insurance company. But when you are associated with a broker it widens your scope as you get a chance to compare policies from different insurance companies with whom the broker has a tie-up. This, in turn, will give you a chance to present your customer with plenty of choices.


2. Minimum Eligibility Requirements That You Must Qualify 

Individuals who are looking to become an insurance advisor need to qualify minimum eligibility requirements. If you wish to become an agent for a broker, you should have passed at least 12th standard and the total population of your place should be 5000 and above. However, for other places, passing 10th standard should be the minimum requirement to qualify and the same is the qualification for Point of Sales Persons (PoSPs). Besides academic, the individual should be of sound mind and must be of age 18 years and above while applying for becoming an insurance advisor.

3. Documents Required and Registration

You need to fill up a registration form if you are applying to become an insurance agent, broker or Point of Sales Person (PoSP) if you fulfil the eligibility criteria mentioned above. After filling the registration form, pay the registration fees, attach and submit the required documents with the form. The primary documents are your Aadhar Card, PAN Card, a recent coloured photograph. Sometimes, they may also ask for your proof of educational qualification as an additional requirement.


4. Go through a Mandatory Training

After completing the registration and successful submission of the documents you need to undergo a mandatory training session so that you can qualify to appear for the agent’s examination. This training is conducted by IRDAI (Insurance Regulatory and Development Authority of India) approved training institutions. The duration of these training varies from 25 to 75 hours based on the agency for which you have applied. But luckily you don’t have to go through such a long training. Your training duration will be only 20 – 30 minutes. Yes, you read it right. I know you are a bit surprised but it is the truth.


5. Examination

After your training is completed, you are now ready to appear for the examination. This will be your last hustle towards becoming an advisor certified by the IRDAI. The examination is compulsory and has been made mandatory by the IRDAI. The passing score is 40% but the exam is so easy that you can score 100% marks just like I did. The pattern of exam is MCQ (multiple choice questions). You can retake the exam ‘n’ number of times in case if you are unable to clear it. But I’m sure you will never have to retake the exam ever.


6. Certification


On clearing the exam, you get a certificate issued by the IRDAI. This certificate allows you to sell the insurance products to the public. Selling insurance without a valid certification is a punishable offence.

Platforms to Work With

Follow the above-mentioned steps in order to become an insurance advisor and build your career in insurance sales. 

1. Now you can become a certified insurance advisor with ‘SYMBO INSURANCE’. Download the Symbo insurance app, complete the above-mentioned steps and start earning instantly.


Welcome to Symbo POSP programme


Symbo POSP English


Symbo POSP Hindi

2. Another platform similar to Symbo insurance is MintPro which works exactly the same as Symbo. Download the MintPro App and get your income started.

MintPro Insurance Advisor

Which one should I prefer: Symbo or MintPro?

Well, both of them are good but, MintPro has one added benefit i.e. on MintPro you can sell mutual funds to your customers. Selling mutual funds increases your income potential but in order to sell them, you need NISM (National Institute of Securities Markets) certification. For details on NISM click here. There is an option in the MintPro app where you can let the MintPro team know that you are interested in selling mutual funds and they will contact you accordingly.

National Institute of Securities Markets (NISM)

Final Note

After you complete your registration/signup process i.e. you fill up your KYC details (in both the apps), you will receive a call from your respective platform on which you have signed up. Once your KYC is verified successfully, complete your training via the mobile app, give the test simultaneously, pass it and get your certificate via email. You are now an IRDAI certified insurance advisor and you can start selling all the insurance products by working from home online.

Happy Insurance Selling! Happy Earning!


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