How Do Insurance Agents Make Money In India. The new rule by irdai could work in the interest of policyholders. An insurance broker would not be permitted to do the insurance broker business without possessing a proper certificate and registered with the authority.
These are usually charged either on an hourly basis or as a percentage of each client’s assets under management. The more policies the agent sells, the more money they make. And making money is not the only attraction to become lic agent: