Frequently Asked Questions

PoSP (Point of Sale Person) is a new type of license for insurance advisors that was created by IRDAI (Insurance Regulatory Development Authority of India) in 2015. Insurance advisors are tied to a single company and can sell only products from that one insurer in the given category, i.e. life or non-life. To increase insurance penetration in the country, the industry needs more distributors to travel the last mile. So, to get such distributors on board quickly, the Insurance Regulatory and Development Authority of India (IRDAI), in 2015, allowed for a new type of distributor, called the point of sale (PoS) person

An Insurance agent can sell policies from one insurer only, with which he is affiliated. A POSP of intermediary i.e REAL INSURANCE BROKERS , on the other hand, can sell policies of multiple insurance companies of non-life categories. They sell over-the counter products that are pre-underwritten and approved by IRDAI

This is where we STEP IN. We have designed a website www.insurancekarlo.com for POSPs to sell general Insurance polices.

• Sign up by filling our POSP form given above, fill all the details & upload required documents. • Complete your 15-hour training with us. • Complete the prescribed examination. If failed then, You can always refer to study material (available on the internet) and retake the exam. There is no cost involved here, and multiple attempts of the exam can be taken without any additional cost or training.

As per provisions by IRDAI, there are two criteria to become a POS advisor. The criteria are as follows • You should be at least 18 years old. • For your educational qualification, you should have passed at least Class 10. If you meet both the criteria, then this is an opportunity to make your career in the vast General Insurance world.

It depends on YOU. If you can understand products quite well and advise people to buy correct product that is better for them, then the earning is UNLIMITED. In a nutshell, it depends entirely on your effort.