IRDAI Regulated
Insurance Services – Life, Health & General Coverage
Protect Your Customers' Financial Future
Sell IRDAI-regulated life, health, term, motor and general insurance products from India's top insurers. Earn first-year commissions plus renewal income. Provide customers in rural India with access to essential financial protection they deserve.
Service Highlights
15+
Insurance Partners
IRDAI
Regulated Products
Dual
First Year + Renewal
5 Min
Policy Issuance
RBI Authorised · NPCI Certified · 256-bit Encrypted
Process
How It Works — 4 Simple Steps
Needs Assessment
Understand customer's age, income, dependents and risk tolerance to recommend suitable products.
Product Comparison
Use RizeXPay's comparison engine to show plans from top insurers — transparent premiums and benefits.
Application & Payment
Fill proposal form online. Customer pays premium via UPI/cash. Instant policy issuance in 5 minutes.
Policy & Commission
Policy document emailed to customer. Your commission is credited within 48 hours.
Why Choose This Service
Key Benefits for RizeXPay Insurance Agents
Multiple Insurance Categories
Life, term, health, personal accident, motor, home and shopkeeper insurance — all from one platform.
First Year + Renewal Income
Earn first-year commission (up to 40% on some products) plus renewal commission every year the policy runs.
India's Growing Market
Insurance penetration in India is under 4% — massive opportunity in rural and semi-urban markets.
5-Minute Policy Issuance
Fully digital — proposal, payment and policy issuance in under 5 minutes for most products.
IRDAI Compliance Built-In
All products are IRDAI-regulated. RizeXPay manages compliance, leaving you free to focus on sales.
Community Financial Protection
Help rural families access term life, health covers and accident insurance — real social impact.
FAQ
Frequently Asked Questions
Everything you need to know about our Insurance service.
RizeXPay offers life insurance, term plans, health insurance (individual and family floater), personal accident, motor insurance, home insurance, and shopkeeper policy from 15+ IRDAI-regulated insurers including LIC, HDFC Life, SBI Life, Star Health, and Bajaj Allianz.
For most micro-insurance and low-value products, RizeXPay's licensed status covers your sales. For certain products requiring personal POSP certification, we guide you through the free IRDAI POSP training and exam — takes about 15 hours.
Commission varies by product: term insurance (up to 40%), health insurance (15–20%), motor insurance (8–12%), personal accident (20–30%). Plus renewal commission every year the policy continues — creating recurring passive income.
For most online products, policy issuance is instant — within 5 minutes of payment. Health insurance may require medical questionnaire. Motor insurance requires vehicle details. Physical policy documents are emailed within 24 hours.
RizeXPay's customer support team guides customers through the claims process. We maintain relationships with insurer claim teams to expedite settlement. Agents are notified of claim status and can assist with documentation.
Absolutely — this is where the biggest opportunity lies. RizeXPay's platform works on basic smartphones and low-bandwidth connections. Many insurance products (Pradhan Mantri Jan Suraksha schemes) are specifically designed for rural demographics.
Start Today
Start Offering Insurance Services Today
Join 5 Lakh+ RizeXPay agents across India earning daily commissions while serving their community's financial needs.