How To Become A Health Insurance Agent?

A health insurance agent is a person in charge of helping customers with marketing the right health insurance to them based on their needs, assisting them in making claims, and porting or renewing their insurance. Health insurance agents operate as part of insurance firms or as independent brokers. Agents usually work on commissions that are made through sales of health insurance policies from insurance firms these agents represent. A good health insurance broker respects their customers' requirements and is truthful.

Role of Health Insurance Agents

Mentioned below are some of the major roles of a health insurance agent:

• Finding customers and pitching them the right insurer and the right insurance plan.
• Communicating the customer’s needs and requirements to the insurance company for finalising the right plan for each customer.
• Assisting the customers in making claims.
• Assisting the customers in renewing their insurance policy.
• Assisting the customers in porting their insurance policy to a new plan within the existing insurance company or to a completely new insurer.
• Calculating premiums for the customer based on the plan, add ons taken, health complications or pre-existing diseases.
• Being an excellent customer support partner.

Becoming a Health Insurance Agent

The five stages to work as a health insurance agent are as follows:

1. Finish Your Studies

Completing your studies is the first step towards becoming a health insurance agent. You must have at least a high school diploma to be a health insurance agent. Having past sales experience or expertise can be helpful to get a health insurance agent job.

2. Get A Background Verification Check Done

Your state as well as the Insurance Regulatory and Development Authority of India (IRDAI) may need you to complete a background verification check before you are qualified to be a health insurance agent. Certain insurance companies might demand credit records, drug tests, criminal histories, proof of job and education, and more such information. Researching the laws of your particular state can help you decide what background checks you should be ready for.

3. Get A Broker/ Agent Licence

Getting a licence comes next in order to become a health insurance agent. Researching the health insurance agent licencing requirements of your state is crucial as pre-licencing and licencing policies differ from state to state. Before you may take a license test, some states may need you to complete a few extra courses.

Another thing you may want to do is get a professional certification— that of Certified Insurance Counsellor. While an insurance company may not need professional certificates, these certifications will help you enhance your CV and professional credentials, therefore increasing your chances for employment and professional career advancement.

4. Prepare a Resume and Seek A Job

Once you meet all the requirements to be a health insurance agent, prepare a polished résumé and begin seeking employment. On your CV, make sure to include your contact details, employment experience connected to insurance, degrees, abilities and certifications pertinent to a health insurance agent. 

Job vacancies may be found on job portals, on social media, in newspapers, and in your professional network; you may even enquire for a health insurance agent job directly by calling any major insurance brokers like InsuranceDekho or health insurance companies.

5. Finish Further Training

You may have to do further on-the-job training via your firm after a job interview and employment as a health insurance representative. You could shadow an experienced health insurance agent while on your on-the-job training to pick up the procedures of your particular organisation and get additional training necessary for your future as a health insurance agent.

Conclusion

Becoming an agent in India is easy and can be done by anyone who thinks they have a knack for selling. Since regulations and insurance policies change with time, you should also keep studying throughout your career about your field of work. It is important to be a good listener and understand your customer’s needs to become a great agent.