If you are looking for a rewarding career that can offer you flexibility along with great earning potential then you can never go wrong with SBI General Insurance Agent. Remember that it’s a lot more than just a way to secure your financial stability it’s all about helping individuals to guide them to choose the best insurance that can help them achieve their objectives. Financial security plays a crucial role in today’s competitive landscape. Thus, becoming a SBI General Insurance agent is important to protect people in need.
If you are thinking about changing careers or exploring opportunities in the insurance industry, this guide will show you the steps to become a certified SBI General Insurance agent. Without further ado, let’s dive in and know the ins and outs involved in the process.
About SBI General Insurance Company
Founded in Mumbai on September 12, 1947, the Oriental General Insurance Company Ltd. was a fully-owned subsidiary of the Oriental Government Security Life Assurance Company Ltd. created to handle the general insurance businesses. From the year of 1956 to 1973, the company functioned as an integral subsidiary of the Life Insurance Corporation of India until the general insurance business in India was nationalized.
SBI General Insurance is a well-established and reliable insurance provider in India, founded in 2009. Although it was registered with the Insurance Regulatory and Development Authority of India (IRDAI), it has now grown significantly over the years. The company serves crores of families across the country and offers a variety of insurance policies to meet different needs.
SBI General Insurance is known for its rapid growth and aims to be India’s most trusted insurance company. With 23,000 branches nationwide, it has served more than 20 cr.+ customers and has earned numerous “Insurer of the Year” awards for its excellence in the industry.
Here are the key highlights of SBI General Insurance.
| Parameters | Details |
| SBI Branches | 23000+ |
| Claims Handled | Rs. 24000 cr. + |
| Locations | 140+ |
| Customers | 20.46 cr. |
| Network Garages | 7,159 |
Key Benefits of Becoming an SBI General Insurance Agent
Here is a list of the salient benefits of becoming an SBI General Insurance Agent.
- Easy to Describe Products
One of the biggest benefits of becoming an SBI General Insurance agent is that the person will be able to describe products. As a dedicated agent, the person should communicate the benefits of these policies, which make it easier for clients to understand and choose the right coverage for their needs.
- Attractive Rewards
Another major benefit of choosing SBI General Insurance Agent as a career is that they have the potential to earn higher earnings. For every insurance policy you sell, you shall earn a commission. Furthermore, SBI values its agents’ hard work and rewards their dedication with competitive income opportunities.
- Career Growth
Another major highlight of becoming an SBI General Insurance Agent is that it opens up multiple career growth prospects. Furthermore, as an agent, you can easily advance your career by offering a range of insurance products and achieving new milestones in your professional journey.
- Strong Support
One of the biggest benefits of becoming an SBI General Insurance Agent is that choosing SBI for your career opens up multiple career growth prospects. With its extensive network across the country, you will have access to a strong support system that will assist you in selling policies and growing your business.
- Complete Training Program
Last but not least, becoming a SBI General Insurance Agent will offer complete training programs to help agents enhance their skills. Furthermore, these sessions are designed to equip you with the knowledge and tools needed to excel in selling insurance policies and succeed in your role.
Requirements for Becoming a SBI General Insurance Agent
If you want to become a dedicated SBI General Insurance Agent, ensure you meet the following eligibility criteria.
- The person should be a minimum of 18 years old.
- The person should have completed at least 10th grade or an equivalent exam from a recognized school or institution.
- The person should have a valid Aadhar card or PAN Card.
- The person can be a businessman, housewife, distributor, retailer, graduate, student, and more.
Note: The person should complete a 15-hour training course required by the Insurance Regulatory and Development Authority of India (IRDAI).
Steps to Become an SBI General Insurance Agent
Listed below are the steps to becoming an SBI General Insurance Agent.
- In the first step, you will need to visit the official website of SBI General Insurance.
- After that, scroll down to the end and under “Popular Links”, click on “Become an Agent”.
- In the next step, you will then see blanks on the left hand of the page. Then, you will need to enter your first name, last name, mobile number, email, city, profession, and more. ;
- Once you’ve entered the details, you will need to select options and click on the “Submit” button.
- The moment you click on it, you will see a message that reads, “Thank you for your interest in SBI General Insurance. Our executive will contact you shortly.”
Frequently Asked Questions
Below are the frequently asked questions related to the SBI General Insurance Agent. Let’s examine them.
The average salary for an insurance agent in India ranges from Rs. 1,50,000 to Rs. 4,00,000 per year. However, it may vary based on job type, experience, and location.
SBI General Insurance agents earn more due to commissions and bonuses. The more sales they make, the higher their earnings would be.
It is no secret that a good (or great) SBI general insurance agent is considered when they focus on their customers’ needs, know insurance policies well, communicate effectively, and stay updated about the trending insurance market.
Becoming a certified SBI General Insurance agent is relatively easy compared to other finance careers. A high school diploma is typically sufficient.
Yes, you must complete a training course that covers insurance basics, policy types, issuance and claim processes, and relevant rules and regulations.
