Insurance Agency business can be done either as part time or full time. Insurance business is spread into many areas and persons with good convincing power can easily get success in this business. This is a very good option for long terms business. In case of life insurance policies, the agent will get commission from starting to maturity. People will definitely take insurance policy for tax saving and future security. This business can be done either from home or office. There is a short term training course to become and insurance agent. After successfully completing the course, one can start the agency.
Facilities Required for Insurance Agency
Rented or own office or it can be operated from house also
Opening of Bank Account
In India, Bank Account of a Proprietorship can be opened by giving the following documents:
But in other countries, documentation procedure will be different according to the law of land.
Different modes of advertisement like news paper, internet, pamphlet, hoardings etc can be used according to the budget.