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Benefits of Becoming A Point Of Sale Person POSP

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Benefits of Becoming A Point Of Sale Person POSP

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  1. Benefits of Becoming A Point Of Sale Person POSP

  2. 1.Free up existing workforce to sell more complex products - The new arrangement works best for simpler products that do not have a lot of underwriting efforts to sell to the consumer. So motor insurance or travel insurance, whose terms are easy to understand and explain to the buyers, comes under the ambit of an insurance POSP agent.2.Multiple opportunities - Another advantage is that a POS can work for more than one insurance service provider. Earlier, distributors used to be associated with just one company. However now a POS can sell insurance products for multiple companies as long as he/she is aged 18 or above and has cleared 10th standard exams.

  3. 4.Ease of getting trained - Another key point that works in favor of such POS is that they can get trained either offline or online through a reliable financial product agency or insurance broker, and get started with building a full-fledged career

  4. Thank You

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