Care Insurance Franchise

The Care Insurance Insurance Franchise presents an excellent opportunity for individuals seeking to establish a profitable career in the insurance sector.

As a Care Insurance Agent, you can sell a wide range of Insurance products, including life insurance, term plans, endowment policies, and pension plans, helping clients secure their financial future.

Start your Care Insurance Insurance Agent business with low investment and high earning potential. This business is ideal for entrepreneurs, financial advisors, and professionals looking to expand their income by offering life insurance solutions.

What are the Business Requirements for Care Insurance Insurance Franchise?

Overall Investment

Rs.26,500 - Rs.58,500 (Optional)

Commission Range

2.5% to 10% of Premium

Avg. Monthly Profit

Approx. Rs.41,000

Area in Sq. Ft.

110 - 170 Sq. Ft. (Optional)

No. of Employees

Minimum 1

Breakeven Time

3 to 6 Month

Payout Time

30 Days

Total Agents

1,000+

Type of Agents

Insurance Agent

IRDAI Certification

Compulsory

PoSP Certification

Compulsory

How much is Care Insurance Franchise Cost?

Registration & Training Fees (One Time)

Rs.1,500 - Rs.3,500

Office Expenses (Monthly)

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

How much is Care Insurance Insurance Agent Commission & Referral Bonus?

Life Insurance Commission

NA

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 4% of Premium

Check out Business Opportunities with Similar Brands

What are the Expected Earnings from Care Insurance Insurance Franchise?

Life Insurance Premium (Rs.)

-

Health Insurance Premium (Rs.)

5,00,000

ULIP Premium (Rs.)

7,00,000

Life Insurance Commission (Rs.)

-

Health Insurance Commission (Rs.)

50,000

ULIP Commission (Rs.)

17,500

Agent's Income (Rs.)

67,500

Total Expences (Rs.)

26,500

Agent's Net Profit (Rs.)

41,000

Net Profit Margin

3.417%

Does Care Insurance offer a Agent Dashboard or App?

Web Platform


What is the Eligibility Criteria to Start Care Insurance Franchise?

Age Limit

18+

Nationality

Indian

Academic Qualification

10+, Graduation Preferred

IRDAI Certification

Compulsory

PoSP Certification

Compulsory

Business Experience

Optional

Check out Business Opportunities with Similar Brands

What Documents are required to Become a Care Insurance Agent?

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

Customer ratings and reviews of Care Insurance Agent

Start your Insurance Business Now!Become an Agent