Frequently Asked Questions
IRDA allowed Quickinsure to appoint Point of Sale Persons (Business Partners) to solicit and market largely pre-underwritten insurance policies like Motor, Health, Travel and Personal accident of all insurance companies within guidelines provided by IRDA for recruiting Point of Sale persons by a Broker. Such appointed Business partners can do business for multiple insurance companies and expect Quickinsure to service their customer requirements.
There are many benefits of enrolling as a Quickinsure Business Partner.
- You get mostly all insurance companies on one single business platform.
- You get Instant Quotations from many insurance companies & can compare in real time.
- You get technology support on your fingertips which increases your strength in the market
- You get everything instantly – Instant Policy & Instant commission
- You get dedicated relationship manager apart form 9 AM to 9 PM service support.
- You get all your renewal reminders 45 days in advance
You need to be minimum 10th pass and should have PAN and ADDHAR card. Also you should not be an agent with any General Insurance Company of India. You need to undergo a 15 hours online training and pass an exam conducted online by Quickinsure.
No. As per IRDA guidelines, a person can only be a POS person for one company or intermediary.
Yes. It is mandatory to undergo a mandatory 15 hours online training to be eligible to become POS certified agent as per the IRDA Guidelines.
45 minutes
No, there is no limit on the number of attempts for POS exam.
Only 40% marks are required to be obtained for passing the exam. Out of 30 marks, 12 marks are required to pass the exam.
The Training Content consists of 5 Modules. There is no upper limit on the time to be spent on each module. However, all 5 Modules have to be completed in 15 hours. Upon completion of all the modules, you will become eligible for taking the Test.
Yes, upon successful completion of the training and clearing the test, Quickinsure and the business partner will sign an agreement and post this agreement the partner will be given the certificate of association as a POS person(Business partner) with Quickinsure. Also Quickinsure will notify Insurance Regulatory and Development Authority (IRDA) and Insurance Information Bureau (IIB) about your association with Quickinsure.
Yes. All commissions paid are subject to TDS and TDS is credited to the Income Tax authorities on the basis of your PAN Card.
