Become an Insurance Advisor
Insurance advisors help people buy life, health and general insurance, and earn commission on what they sell. It has a low barrier to entry and no income cap. You need to pass one exam before you can start.
Certifications you need
Clear IC-38 or POSP to start selling. LIC ADO is a separate recruitment for leading a team of agents.
Ways in
How to get there
Check eligibility
IC-38 needs Class 10 in rural areas and Class 12 in urban areas. POSP needs Class 10.
Choose agent or POSP
Agents tie up with an insurer. POSPs usually sell through an intermediary.
Complete training and clear the exam
IC-38 or the POSP test.
Build your book
Renewals build income over time, and strong sellers can move into agency management.
What you'll do
- check_circleFind and advise customers
- check_circleExplain policies and suitability
- check_circleHelp with renewals and claims
- check_circleBuild a long-term client base
Who hires
- Life insurers
- General and health insurers
- Insurance web aggregators and brokers
- Self-employed
What it pays
Indicative figures. Actual pay varies by employer, city and experience.
Licensed agent
₹2–6 LPA
Commission-based, uncapped
Senior / MDRT agent
₹6–15 LPA+
Top performers
Agency / Sales Manager
₹3–8 LPA
Plus incentives
Development Officer
₹4–10 LPA
Plus incentives
Frequently asked questions
What is the difference between IC-38 and POSP?
IC-38 is the exam for licensed insurance agents. POSP is a shorter route with 15 hours of training and one online test, and it needs only a Class 10 pass. A POSP can upgrade to an IC-38 licence later.
Is IC-38 mandatory?
Yes. Every aspiring insurance agent in India must clear it before appointment.
Ready to start?
Practise for your exam with mock tests and chapter-wise questions.
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