There is no opposing when you get to know that your loved ones & you are financially secure. Anxiety in life can arise at any point. For instance, a medical emergency or unfortunate death. These situations can include an accident or damage to your property, etc.
Bearing such financial situations can bring a hole into your pocket. You may spend all your family’s savings. Therefore, you will need insurance for your family. It provides financial support and proper coverage against all risks linked to your health, life and property.
An Insurance agent prepares the future of people. There are many citizens who look for an insurance agent to support them. You can become the one and sell a huge variety of products.
What is the usage of Insurance?
Insurance plans are beneficial for all the citizens in India. You can protect your family, assets, etc. It helps you from financial risk/losses.
These plans will aid you to pay for
- Medical emergencies
- Medical care required in the future, and
- Any illnesses and treatment.
Insurance plan covers financial loss to the family. They can repay their debts through a plan. These debts can be like
- Home loans,
- Mortgages, etc.
What are the distinct types of Insurance?
There are distinct types of insurance plans. Some are as follows:
Health insurance :
Your insurance agent can provide you health insurance as per the plans. It will cover medical expenses for various health issues. It includes
- Medical treatments
- Hospitalization, and so on.
You can avail the plan as a cashless facility across all hospitals.
Life insurance :
Life insurance helps you to safeguard your family. It will be at the time if the insurer is no more during the tenor of the policy. The most primary type of life insurance provided to you is “term insurance”. It is the simplest form of life insurance.
Child Plans :
The child insurance policy is termed as a saving mechanism. These plans are for children who reach a certain age to pursue higher studies. The plan secures the child’s life. In addition, the parents take ownership of the policy.
Home insurance :
The home insurance plans cover the harm caused to your residence. It can be in account of
Motor Insurance :
It is an insurance plan for vehicles that include bikes, cars, etc. The plan offer:
Damages to third parties
Protection against natural calamities and
Damages to the vehicle.
Property insurance :
You can secure your residence or commercial space under Property insurance policy. The insurance aids you to claim financial aid from the insurer.
The types of property insurance are-
- Home insurance
- Office insurance
- Shop insurance, etc.
Travel insurance :
The travel insurance aids travelers to claim for financial safety. They can claim it during a trip. This insurance has a short-term cover. There are numerous travel insurance providers in India. Their financial aid may vary from time-to-time.
Mobile insurance :
At present, the rise of price on mobile phones has forced people to secure their device. Mobile insurance aids them to claim money spent on repairing, etc.
This insurance is beneficial for high-priced smartphones.
Insurance is an essential need in today’s unreliable time. It helps you to figure out your financial situation. Then, choose the best plan as per your financial needs.
How does GST Suvidha Kendra help you to set up an insurance agent business?
Many GST Suvidha Kendra help you to set up an insurance agent business. The benefits to become a successful insurance agent with GST are-
- Earn high commission
- Minimal investment
- Reward & recognition
- Flexible working time, etc.
Others benefits are:
A GSP approved license
The GSP approves the license for insurance business. You can become an insurance agent with GSK by filling the requirements. These requirements can vary from GSK to GSK.
GSP stands for GST SUVIDHA PROVIDER. The provider enables the GST taxpayer to pay GST with GST law.
- You must have a 12th pass certificate.
- You should have a knowledge of insurance business.
- A course in economics or business, will be an addition for business.
You can alone set up an insurance agent business with an approved GSK. This will enable you to earn high commission with your effort. Alongside, you must fulfill the requirements to set up this business. The requirements are-
- A commercial place
- Basic knowledge of finance, economics or business
- A laptop/computer
- Basic knowledge of computer software programs
Which Insurance policy is best?
Life insurance and health insurance are purchased by most people in India. If you opt to become an insurance agent with GST, you will get all the training. These trainings will be on how you can direct people to purchase policy.
You can easily begin your business as an insurance agent with GSK. The benefits you can attain are-
- Stable income
- Invest minimum fund
- Flexible timing to work with digital environment
- Be your own boss
- Earn good commission
- Make a difference in a person’s lives, etc.
How much can I earn as an insurance agent with GSK?
You can earn a highly profitable commission by setting up an insurance agent business with GST.
Can I independently set up an insurance agent business with GST SUVIDHA KENDRA?
Yes, you can alone set up an insurance agent business with GSK. You will be required to fulfill some requirements mentioned on the GSKs website. These requirements may vary from GSK to GSK.
How will I be working as an insurance agent with GSK?
You will provide all the details of the insurance policy as an insurance agent. These details will be given to the policy holder.
What are the minimum requirements to set up business with GSK?
The requirements for setting up a business with GSK can vary from GSK to GSK. Some basic requirements are-
- Indian citizenship
- Basic knowledge of accounts, finance & economics.
- Minimum education of12th.
- Basic knowledge of computer software programs like Microsoft Excel.