Your Path to Becoming a Localbima POSP Agent

Becoming a Point of Sales Person (POSP) with Localbima is accessible, but there are a few basic requirements set by the **Insurance Regulatory and Development Authority of India (IRDAI)**. These criteria ensure that all certified agents are well-equipped and legally authorized to serve customers effectively.

Core Requirements to Join Localbima as a POSP

  • Indian Resident
    You must be a **resident of India** to qualify.
  • Minimum 18 Years Old
    You must be **18 years or older** at the time of application.
  • 10th Grade Education (Matriculation)
    You should have completed at least a **10th-grade education** or its equivalent.
  • Aadhaar Card and PAN Card
    You must possess an **Aadhaar Card and PAN Card**. Original documents will be required for verification.
  • Valid Bank Account
    You need to have a **bank account in your name** for commission payouts.

Why These Criteria Matter

  • Compliance with IRDAI Regulations
    As a regulated industry, adhering to these standards is mandatory for all POSP agents across India, ensuring legal and ethical practice.
  • Professionalism and Trust
    These requirements help maintain a high level of professionalism and build crucial trust among customers, assuring them they are dealing with qualified and legitimate individuals.
  • Smooth Operations
    Having basic documentation and an educational background significantly simplifies the training, certification, and commission payout processes, making your journey smoother.

Ready to Check Your Eligibility?

If you meet these straightforward criteria, you're well on your way to a flexible and rewarding career as a Localbima POSP agent! We'll guide you through the rest of the process, including our comprehensive training and certification test.

Have all your documents ready? It's time to take the next step towards becoming your own boss and earning unlimited income.

Start Your Registration Today!