The Policybazaar Agent business offers a rewarding career in life insurance sales, enabling individuals to assist clients in securing their financial future.

As an Agent, you act as a trusted advisor, helping customers choose suitable policies for life coverage, savings, and investment.

Becoming an Policybazaar Advisor allows you to work flexibly, earn attractive commissions, and grow professionally with comprehensive training and support.

This business provides long-term growth opportunities, making it a popular choice for those seeking financial independence.

Policybazaar Insurance Agent or Advisor - Business Overview

Total Agents

400+

Total Investment

Rs.37,000 - Rs.70,000 (Optional)

Agents Commission

2.5% to 10% of Premium

Avg. Monthly Profit

Approx. Rs.48,000

Breakeven Time

3 to 6 Month

Payout Time

30 Days

Policybazaar Agent Commission & Referral Bonus

Life Insurance Commission

3% to 10% of Premium

Health Insurance Commission

5% to 10% of Premium

Motor Insurance Commission

5% to 7% of Premium

Travel Insurance Commission

10% to 15% of Premium

Business Insurance Commission

5% to 10% of Premium

ULIP Commission

2.5% to 5% of Premium

Policybazaar Agent Cost & Office Expenses

Registration & Training Fees

Rs.12,000 - Rs.15,000

Infrastructure Investment

Rs.25,000 - Rs.55,000 (Optional)

Policybazaar Franchise - Expected Profits & Income

Life Insurance Premium

10,00,000

Health Insurance Premium

2,50,000

ULIP Premium

12,00,000

Life Insurance Commission

30,000

Health Insurance Commission

25,000

ULIP Commission

30,000

Agent's Income

85,000

Total Expences

37,000

Agent's Net Profit

48,000

Net Profit Margin

1.959%

Policybazaar Insurance Advisor ROI or Breakeven

In Months

3 to 6 Month

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Policybazaar Agent Dashboard or Backoffice Platform


Policybazaar Advisor Dashboard - Features

Lead Addition Link

Provided

Manual Lead Addition

Provided

Lead Stage Info

Provided

Lead Info Backend Change

Provided

Lead Deletion

Provided

Commission Mapping

Provided

Leads Report

Provided

Clients Activation Report

Provided

Clients Portfolio Report

Provided

Monthly Payout Report

Provided

Policybazaar Insurance Partner - Office Requirement

Area in Sq. Ft.

100 - 150 Sq. Ft. (Optional)

No. of Employees

Minimum 1

Reception

Optional

Managers Cabin

Optional

Mobile or Telephones

Compulsory

Call Recording

Optional

Laptops or Computers

Compulsory

CCTV Set-up

Optional

Policybazaar Advisor - Support

Dedicated RM Support

Provided

Service Training

Provided

Product Training

Provided

Webinars

Provided, Limited

Back-Office Support

Provided

Acquisition Support

Provided

Marketing Support

Provided, Limited

Policybazaar Franchise Offers

Life Insurance Commission 2% or More

Offered

Health Insurance Commission 10% or More

Offered

Zero Investment

Not Offered

ULIP Investment

Offered

Motor Insurance

Offered

IRDAI Certification

Offered

PoSP Certification

Offered

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Policybazaar Business Partner - Products Offered

Life Insurance

Available

Health Insurance

Available

Motor Insurance

Available

Travel Insurance

Available

Business Insurance

Available

Agricultural Insurance

Not Available

Rural Insurance

Not Available

Investment Plans (ULIPs)

Available

Policybazaar Insurance Agent - Eligibility Criteria

Age Limit

18+

Nationality

Indian

Academic Qualification

10+, Graduation Preferred

IRDAI Certification

Compulsory

PoSP Certification

Compulsory

Business Experience

Optional

Policybazaar Agent Business - Documents Required

Agent Agreement

Compulsory

Proprietor Aadhaar Copy

Compulsory

Proprietor Photo

Compulsory

Proprietor / Business PAN Copy

Compulsory

Business TAN Copy

Compulsory

GST Registration Certificate

Compulsory

Proprietor / Business Address Proof

Compulsory

Unit / Shop Address Proof

Compulsory

Latest ITR or Form16

Compulsory

Bank Statement

Compulsory

Policybazaar Agent Logo

Customer ratings and reviews of Policybazaar Agent

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