How does one become a licensed insurance agent in 5 steps?

5 Steps to Become a Licensed Insurance Agent

In recent years, the insurance industry has witnessed a boom in the number of aspiring agents. As the benefits of working as an agent become more apparent and more people realise the need for additional income, thousands of individuals are looking to become licensed insurance agents each year.

This article is a guide you can follow to become a licensed insurance agent in five simple steps. By following this guide, you can start your journey as an agent on the right foot and earn to become financially independent.

Who is an insurance agent?

An agent in insurance is a middleman between an insurance company and customers. They directly connect with customers approaching them and selling insurance policies to them. They showcase the policies, understand the customers’ needs and suggest policies that might solve them. They also provide financial advice and help clarify policy details with the customer, allowing them to make informed decisions.

What are the types of agents?

A licensed insurance agent can typically be classified in two ways, the first being their affiliation and the second being their specialisation.

Under the affiliation, agents can typically choose one of two career paths, one as an independent agent and the other as an exclusive or captive agent. An independent agent is essentially a freelancer free to represent as many insurers as they want and sell products from them. On the other hand, an exclusive agent is like a full-time contractor who sells policies only from one affiliated insurer.

While in terms of specialisation, agents can be classified based on the type of insurance they sell. Typically, as insurance is divided between life and non-life or general insurance, agents are also classified in that manner. However, as a specialised agent, they can also be categorised as a health insurance advisor or auto insurance agent if they deal in health and auto insurance, respectively.

What are the requirements to become an agent?

Becoming an insurance agent in India is quite simple; whether it is due to the low barrier to entry or zero monetary investment, anyone can become an agent with just some hard work and time.

Here are the eligibility criteria required to become an agent in insurance:</p>

  1. You need to be at least 18 years old.
  2. You must complete your secondary or senior secondary education.
  3. You must have an Aadhar and PAN Card.

How does one become a licenced insurance agent in 5 steps?

The following is a step-by-step guide you can follow to become an agent in insurance today:

  1. Once you ensure that you fulfil the above criteria, the next step is to research the company you would like to work for.
  2. Visit their website and contact them for the opening. If you wish to become a health insurance agent, consider Niva Bupa Health Insurance. They are one of the country’s leading insurance providers and offer significant benefits to agents joining them.
  3. Once you have contacted the insurer, you can complete your practical training and prepare with them for the prescribed examination.
  4. Once you are confident, attempt the licensing exam and receive the certificate.
  5. Sign the contract agreement and start working with your preferred insurance provider as an agent.


Every year, thousands benefit from becoming agents and having the potential to earn without limits and work when and where they want, all while receiving on-the-job training and opportunities to succeed. You, too, can use this by becoming a licensed agent. All you need to do is ensure that you are eligible and follow the steps mentioned above to start your career as an agent.

Help hundreds of people get the right insurance and earn money, all while doing that. Become an agent today and become financially independent.

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