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Here are three reasons why you should become an agent

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Prashant Panwar
Here are three reasons why you should become an agent

Becoming an agent is not only a very rewarding job but also very easy to get into and requires zero investment to start. Here are the top 3 reasons you should consider becoming an agent. 


But before getting into all that, it is essential first to understand what an agent is, how you become one, and what it consists of. In this article, we will explore all of these aspects so that you can be sure whether you should become an agent or not. 


For those who are unaware or wish to go into further detail, an insurance agent advises potential customers about the policies and plans offered by the insurance provider they are affiliated with. 


They are responsible for generating new business and maintaining good relationships with existing customers to keep them loyal. They act as a bridge for the customer to understand the policies and plans they should opt for based on their requirements and share in-depth explanations about the policy details such as inclusions, exclusions, special conditions, claims process, etc. 


With this information, let us explore the top 3 reasons why you should consider becoming an agent, what the requirements are to become an agent, and the process to become an agent. 


Top 3 reasons why you should become an agent


While many other criteria impact someone’s decision to become an agent, here are some of the main points I think everyone should consider when doing so.


Benefits


This is not just a point but a section in and of itself, as there are many benefits to becoming an agent. 


  • Stable Income
  • A secondary source of income
  • Flexible work environment
  • Be your own boss
  • Rewards in the form of both financial and non-financial perks and benefits
  • Recognition for hitting or exceeding targets


Requirements 


Along with the above-stated benefits, there are other criteria, such as an easy barrier to entry. This allows people to dabble in this field without any significant investment. 


  • The applicant must be at least 18 years old.
  • The applicant must have completed their 10th or 12th standard based on their location.
  • The applicant must possess an Aadhar card and PAN card. 
  • The applicant must complete mandatory practical training with any insurance company.
  • The applicant must clear a simple examination conducted by the regulatory authority of insurance, IRDAI. 


Quick Growth


Beyond these, another aspect of becoming an insurance agent should be considered. This is the ability to grow very quickly. Becoming an insurance agent doesn’t have a lot of requirements, thus allowing agents to start learning practically on the job and promoting faster and more growth in terms of both skills and success.  


How to become an agent?

As mentioned above, the requirements to become an agent are straightforward. They don’t require any monetary investment, and as long as you can spare the time and effort, you can easily become an agent. 


Follow these steps, and you will be well on your way to becoming an agent. 


  1. Decide on an insurance provider you would like to work for. I chose to work for  as a health insurance agent.
  2. Visit their website and check all of the details of offerings and requirements. 
  3. Fill out the form once you have decided and wish to embark on the journey to becoming Niva Bupa an agent. 
  4. You will then be contacted and called in for an introduction and helped to complete the practical training. 
  5. After completing the training, you can go ahead and take the simple exam and clear it to become a licensed insurance agent at an insurance agent company. 

Wrapping up

To conclude, now that you know the top 3 reasons why you should consider becoming an agent and the steps to do so, you can easily decide whether you want to pursue this as a career.



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Prashant Panwar
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