What is the Difference Between Insurance POSP (Point of Sales Person) and Insurance Agent?

Eshasharma30 Jun, 2023Business

Insurance POSP, or Point of Sales Person, refers to an individual who sells insurance policies directly to customers. They act as intermediaries between insurance providers and potential policyholders, facilitating the purchase of insurance coverage. POSPs are usually associated with companies that offer standardized and simplified insurance products, such as life insurance or health insurance plans.

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