How to Become Max Life Insurance Agent?

How to Become Max Life Insurance Agent?

Max Life Insurance agents offer different kinds of policies to people. They understand the financial requirements of the buyers and recommend the types of policies. The agents also help people to understand the importance of insurance policies. They sell the policies according to the needs of the people. In return, they receive a commission from the insurance company.

Exciting earning opportunity as an insurance PoSP with PBPartners.com.

About Max Life Insurance Company

Max Life Insurance Company is one of the largest insurance providers in India. It has built a large customer base with more than 32 lakh customers. It has 10,226 employees and 54,791 advisors across the country. Max Life Insurance company has 210 offices in India. A person may sell the insurance policies of Max Life Insurance Company in the market and earn a considerable income.  

Here are some key highlights of Max Life Insurance Company.

Parameters Details
Established 11 July 2000
Headquarter Gurugram, Haryana, India
Official Website www.maxlifeinsurance.com
Branch offices 210
Helpline number 1860 120 5577
Customer Base 32,00,000
Insurance Agents 54,791

Who can Become a Max Life Insurance Agent?

Here are the people who may become a Max Life Insurance agent. 

  • Businessmen
  • Homemakers
  • A person above 18 years
  • A 10th passed person
  • Retired employees
  • College students

How to Become a Max Life Insurance Agent?

There are two ways by which a person may become a Max Life Insurance agent. Online and offline. 

Online Process to become a Max Life Insurance Agent
  • An individual needs to visit the official website of the company.
  • He needs to enter his personal details and create an account.
  • Next, he needs to complete the KYC process which is mandatory.
  • After the completion of verification, he needs to appear for a 15-hour training. The training is mandatory to attend to become an agent. An individual may complete the training within two to three days. After the completion of training, the insurance company shall provide him with a certificate.
  • After completion of training, he needs to appear in the pre-licensing exam. The format of the exam is objective. An individual may appear in the exam online. He needs to score at least 17 out of 50 marks to qualify for the exam.
  • Once he clears the exam, he shall become the insurance agent. He shall receive the license to work as a certified agent.
Offline

Here are the steps to follow to become a Max Life Insurance agent offline. 

  • First, an individual needs to register with the Max Life Insurance Company. 
  • Next, he needs to attend the training session.
  • Then, he needs to appear for the offline exam.
  • Once he clears the exam, he shall receive the license to work as a Max Life Insurance agent. 

Eligibility Criteria to Become a Max Life Insurance Agent

Here are the eligibility criteria to become a Max Life Insurance agent. 

  • An individual must be at least 18 years old.
  • He must be 10th passed. 
  • He must have a PAN and an Aadhaar card.
  • He must complete the training program conducted by IRDAI

How Becoming a PoSP is Better Than Becoming a Max Life Insurance Agent?

Becoming a PoSP is better than becoming a Max Life Insurance agent. PoSP (Point of Selling Person) is a type of insurance agent introduced by IRDAI. A PoSP agent may sell different kinds of insurance policies directly to the consumer. An insurance agent may also sell the policies to consumers. However, an insurance agent may sell the policies for only one insurance company. At the same time, a PoSP agent may sell the policies for many companies. He may earn a commission on every policy he sells. Moreover, it is easy to become a PoSP agent. A person who is 10th passed and 18 years old may become a PoSP agent by attending the training session and clearing the exam. An insurance agent may also become a PoSP agent by clearing the PoSP exam.

Benefits of Becoming a PoSP Agent

Here are some reasons why an individual should aim to become a PoSP agent. 

Trusted Name

Max Life is a trusted name and a leading insurance company in India. A number of people buy its policy on a daily basis. It has a high claim settlement ratio which makes it a popular choice among consumers. A PoSP may build the trust of customers by selling the insurance policies of Max Life. 

Become One’s Own Boss

An individual may become his own boss by joining Max Life Insurance company. He may sell the insurance policies according to his needs and preferences. He may also enjoy flexible working hours as an agent. 

Extra Income

A PoSP agent may find many opportunities to earn additional income. He may sell the insurance policy and earn a commission on the same. In addition, he may also earn a commission on the renewal of the policies.

Conclusion

An individual may become a Max Life Insurance agent by registering himself with the insurance company. He needs to create an account and enter his details. In addition, he needs to appear in the exam to receive the license. Max Life is a trusted name. It offers different kinds of policies to buyers. An agent may sell such policies and earn a considerable commission on the same. The Max Life Insurance agent may also become a PoSP agent and sell the insurance policies of other companies as well.

FAQs

Q. How to become insurance agent of Max Life?

A. One may become a max life insurance agent by visiting the Max Life Insurance office and speaking to the executive officers. One may also become an agent by visiting the official website of the company and filling out the details.

Q. Can a Max Life Insurance agent become a PoSP agent?

A. Yes, a Max Life Insurance agent may also become a PoSP agent and sell the insurance policies of other companies along with Max Life. 

Q. Who can become a PoSP agent?

A. Here are the people who may become a PoSP agent.

  • Homemaker
  • Businessmen
  • Financial Consultant
  • Students
  • Retired employee
Q. How can a retired person benefit by becoming a PoSP agent?

A. He may become financially independent.

Q. Where can one find Max Life Insurance agent login?

A. One may find the Max Life Insurance Agent login portal by visiting the official website 

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