An insurance agent must be up to date with the changes in tax and insurance laws. Less paperwork and quick solution: ... ICICI Prudential Life Insurance, Bajaj Allianz General Insurance, Aditya Birla Health Insurance have launched video-based or WhatsApp based customer assistance services. HDFC Bank is an authorised Corporate Agent of Bajaj Allianz General Insurance Co. Ltd. The commission rates are attractive and there is no maximum limit on the money that you can earn by selling Bajaj Allianz’s policies. All the grievances are closed within the stipulated time frame of 15 days. As per Insurance Act, 1938, The insurance companies are allowed to pay a maximum commission of 40 per cent of the first year’s premium, 7.5 per cent of the second year’s premium and 5 per cent from there on. Register with Bajaj Allianz by filling up a registration form and pay the required fee. Careers, Fintech Blue Solutions Private Limited. Bajaj Allianz is leveraging data at every stage of the insurance value chain. : LIC offers employee and individual group insurance products, : It offers motor, travel, health, and corporate insurance products, : Offers motor, health, and home insurance products. So from the 12th year onwards, the commission will be 42.5% per annum. Scrutinized applications and documents to be underwritten. What is the eligibility criteria to become an insurance agent? You can also become a Bajaj Allianz agent or for any other insurance company for that matter. Bajaj Allianz is one such leading insurer which offers a range of insurance products and enjoys a good reputation in the insurance industry. Then the agent must create a one-stop destination where anyone can get detailed knowledge about financial services and insurance products. Participated in the activities of Back Office and was also the part of Front Office. The company’s products offer best-in-class coverage benefits at very affordable premium rates and are therefore quite popular among customers. The commission for the first 5 years will be 15%. CA0010 State you live in* ANDAMAN NICOBAR ANDHRA PRADESH ARUNACHAL PRADESH ASSAM BIHAR CHANDIGARH CHATTISGARH DADRA AND NAGAR HAVELI DAMAN AND DEU DELHI GOA GUJARAT HARYANA HIMACHAL PRAD Let’s have a look by how much! Registered Address: Bajaj Allianz House, Airport Road, Yerawada, Pune-411006 Chanakya Business Academy 50,840 views 4:40 So far, general insurance companies were allowed to pay a maximum of 15% as commission. With the advent of the internet, every business is now expanding via online services only. Renewal of these plans is treated as a new plan. The commission structure is applicable for comprehensive two-wheeler motor insurance … The insurance plans are underwritten by Bajaj Allianz General Insurance Co. 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