About financial advisor
Financial advisors are experts in handling finance and provide valuable guidance to their clients with regards to managing their finances. As a financial advisor, you can tell your clients where to invest money which would help them fulfil their financial goals and also earn good returns.
As a financial advisor, you need to help your clients manage their investment portfolio as per their risk appetite and investment requirements. You can also earn a fee for the financial advice that you provide or a commission for the products your client purchase from you.
Where does insurance fit in?
As a financial advisor, you need to provide your clients with a comprehensive solution to their entire financial and investment needs. Since the needs of your clients are varied, a variety of financial instruments are required for meeting such needs.
Insurance is one such important financial tool which provides a solution to every individual’s protection needs. Thus, insurance becomes an inevitable portion of one’s financial portfolio and a very important financial planning tool.
Everyone wants to be financially secured in case of any emergency. Insurance plans provide this sudden financial contingency. It is considered as a person’s Plan B. Insurance comes most handy when there is a financial loss due to any particular event, like loss of life, accident, illness, etc. There are multiple types of insurance which cater to all the multiple protection needs of your clients.
That is why, as a financial advisor, you should have the different types of insurance plans at your disposal to meet your clients’ financial protection need, a need which is not fulfilled by any other investment avenue.
A new way to become a financial advisor: Become a Point of Sale Person (PoSP) and sell insurance policies
Since insurance is such a relevant and important product for your clients, you can become a Point of Sale Person (PoSP) with Turtlemint and sell insurance. As a Point of Sale Person (PoSP) you can sell insurance policies of a different life and general insurance companies to your clients.
You would be able to represent more than 39 insurance companies. While these policies would fulfil your clients’ needs, they would also earn additional commission for you on the sale you make. Moreover, TurtlemintPro would also provide you with complete back-end support for selling insurance easily.
How to become a Point of Sale Person (PoSP) and sell insurance?
You can become a Point of Sale Person (PoSP) by following the below-mentioned steps –
- Register online with TurtlemintPro
- Submit your KYC documents and completing the registration process
- Take online training from your mobile or computer
- Appear and clearing the Point of Sale Person (PoSP) online examination
- Avail the Point of Sale Person (PoSP) license from Turtlemint after successfully clearing the examination
After you become a Point of Sale Person (PoSP) you get the authority of selling insurance policies of different companies. You can, therefore,
- Assess the needs of your clients to find the right insurance product for them
- Sell the ideal insurance product to your clients which matches their needs
- Earn commission on the products sold along with your consultancy fees
The TurtlemintPro app is an online tool which helps you sell insurance policies easily. The app provides you with an all-in-one window for selling insurance policies, comparing them, tracking your business and also maintaining your client list. After you become a PoSP you can use the app to simplify your insurance sales.
So, as a financial advisor, add insurance plans to your list of products and provide your clients with a complete financial solution. This is a dual-income for you too!
So, as a financial advisor, add insurance plans to your list of products and provide your clients a complete financial solution. There is a dual income for you too!
I increased my advisory business by becoming a PoSP. Now I can sell insurance policies as a financial advisor and help fulfil the needs of my clients.
Selling insurance as a financial advisor has increased my earnings. Now I have additional income which I can make as a PoSP.
I became a PoSP and can now sell insurance policies to my customers. My customers are happy as they can fulfil all of their financial requirements at my doorstep
Adding insurance to my list of products was a good move. As a financial advisor, I can now advise clients on the right insurance policy for their needs and also make additional income for myself.