Build a rewarding career in insurance with Mintpro.

Build a rewarding
career in insurance
with mintpro

How we help in building your insurance career

POSP training, exam and certification

Sell insurance
products of multiple insurance companies

Get a specialized MintPro App which tracks your business and helps to solve queries.

Get a dedicated
Manager to handle your sales.

Why should you choose a career in insurance?

Be your own boss

As a digital partner, you work for yourself. Whatever commission you earn is your own. Thus, a career in insurance promises you your own business.

There is limitless earning

When it comes to earnings, the sky is the limit. Your earnings depend on the number of policies you sell. There is no restriction to your sales volume. Doesn’t it sound lucrative?

Flexible working hours

You don’t have to follow a 9-to-5 working schedule. Selling insurance can be done as per your convenience. Your working hours are decided by you.

You can increase your potential

When you sell insurance, you develop a personal rapport with your clients. This way you can grow your business and increase your earning potential.

Rewards and recognitions

There are various reward and recognition programs designed for agents based on their performances. Under these programs, you can earn different types of gifts like cash gifts, household articles, gift vouchers and also a free foreign trip for you and your family depending on your sales

Insurance earning and commission

When you become an insurance intermediary you earn a commission for the sales you generate. Every insurance plan, whether it is life insurance, health insurance or motor insurance, brings in commission for you. The commission is calculated on the amount of premium paid by your client. The quantum of your commission is dependent on various factors like the number of policies sold, the total premium collected, the renewal consistency of your customers with you etc.Furthermore, there are MDRT (Million Dollar Round Table) qualified agents who, due to their outstanding performance, earn higher commissions.

Commissions is of three types :

First year commission :

This commission is payable on the new sale you generate. First year commissions are the highest commissions which you can earn.

Renewal commissions :

This commission is paid on the renewal premium paid by your client on the plan which you had already sold in previous years. Renewal commissions are lower than first year commissions for Life insurance plans. However, for General insurance plans the renewal commission rate maybe same as the first year commissions. Thus, on one policy you can earn first year commission for the first time followed by renewal commission for each subsequent year.

Rewards and Recognition Programs :

Insurers and distributors have rewards and recognition programs which pay additional commissions. So, if you sell higher number of plans, you not only earn the stipulated commissions, you also earn additional ones from the reward programs.

Insurance commission table ( Remuneration )

Motor Insurance plans

For private car comprehensive insurance – up to 19.5% of the own damage (OD) premium

For commercial vehicle comprehensive insurance – up to 19.5% of the own damage (OD) premium

For two-wheeler comprehensive insurance – up to 22.5% of the own damage (OD) premium

For third party only policies – up to 2.5% of annual premium

Life insurance plans

For regular premium plans – up to 30% of annual premium

For single premium plans – up to 2% of single premium

Term insurance Plans

For regular premium plans – up to 30% of annual premium

For single premium plans – up to 2% of single premium

Health insurance plans

Up to 15% of annual premium

Source :

Disclaimer : The above list is not exhaustive and the commission rates may be amended by the Regulator from time to time. For more details/complete particulars, you may visit IRDAI website at

Long-term prospects of insurance career

When you choose a career in insurance you not only get immediate benefits, you get good long-term career prospects too. These prospects include the following -

  • You get renewal commissions on the renewal premiums paid by your clients. Once you have a sizable renewal base you can earn a lot of money by doing very little work, as long as you have kept your customers happy with your great service ! Top insurance agents earn a few crores of rupees each year.
  • You can become MDRT (Million Dollar Round Table), COT (Court of the Table) or TOT (Top of the Table). Besides earning good commissions, you also get invitation to global convocations honouring your achievements
  • You can have impact on the lives of families you help protect at the time of claims.
  • You can also continue another employment alongside your insurance agency.
So, become an insurance POSP and build your career in insurance. You would be amazed at the benefits and the rewards you get.

How can I start a career in insurance

Are you convinced about exploring a career in the insurance industry? Well here’s some good news. Starting your insurance career is quite easy. You just have to be at least 18 years old and should have completed Class X. If you meet these basic criteria you can submit your KYC documents like PAN card, Aadhar details, education proof, etc. for enrolment. There is a 15-hour training module with the syllabus prescribed by the IRDAI. You need to take this training, clear an examination and then you can become a POSP (Point of Sale Person). To learn more about training and certifications requirements check out our Training page.