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Insurance POSP Apply Online with Quickinsure: Eligibility, Documents and Registration Process
Step 4: Pass the POSP Examination
After completing the training, you must take the required online examination. The assessment checks your understanding of insurance concepts and product information.
You need to pass the examination before moving to the appointment stage.
Step 5: Sign the POSP Agreement
Read the agreement and check the terms before signing. It should explain your role, responsibilities, product access and applicable payment conditions.
Complete the digital agreement as instructed by the platform.
Step 6: Receive Your POSP ID
After successful completion of the required steps and appointment formalities, you receive your POSP identification details.
You can then start selling the insurance products permitted under your appointment.
What Insurance Products Can a POSP Sell?
The products available to a POSP depend on the applicable rules, product approvals and the sponsoring organisation.
Depending on your appointment, the product categories may include:
1. Motor Insurance
You may be able to sell eligible policies for:
- Private cars
- Two-wheelers
- Commercial vehicles
These can include third-party and package policies permitted under the relevant POSP rules.
2. Health Insurance
Eligible health insurance products can help customers manage medical expenses. Learn the policy limits, waiting periods, exclusions and claim conditions before explaining a plan.
3. Personal Accident Insurance
These policies provide benefits for specified accidental events, based on the policy terms.
4. Travel Insurance
Travel insurance can cover certain risks during domestic or international trips. The available cover may include medical emergencies, baggage loss and trip-related events.
5. Other Permitted Products
Depending on the category and authorisation, other products such as home or eligible life insurance policies may be available. Always check your approved product list before selling.
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