Who can sell insurance in Singapore?

  • Must be an adult (18 years or above)
  • Be a Singaporean citizen or an alien with a valid work permit.
  • Have at least 3 GCE O-level credits.
  • Possess requisite professional qualifications.
12 Jun 2021

How do I know if my insurance agent is licensed in Singapore?

The public can check if a general insurance agent is registered with ARB, and the insurers that the agent is authorized to represent, by using the agent search module at this link. When performing a search for an individual agent or a nominee agent, you must have the NRIC/FIN/Passport number or the GIA nominee number.

How much does an insurance agent make in Singapore?

The average insurance agent salary in Singapore is S$36,000 per year or S$15.73 per hour. Entry-level positions start at S$36,000 per year, while most experienced workers make up to S$46,050 per year.

How much do insurance agents make SG?

The average insurance agent salary in Singapore is S$36,000 per year or S$15.73 per hour. Entry-level positions start at S$36,000 per year, while most experienced workers make up to S$46,050 per year.

Do you need qualification to sell insurance?

Most states require you to complete a pre-licensing class. Many of these can be taken online or through an in-person course. Requirements vary depending on the state, from a one-day class to 20-40 hours of online training.

Does insurance agent make good money Singapore?

The average salary for Insurance Agent is $3,000 per month in the Singapore. The average additional cash compensation for a Insurance Agent in the Singapore is $27,000, with a range from $3,600 – $40,000.

How much does AIA insurance agent earn?

Average AIA Group Limited Insurance Agent monthly pay in Singapore is approximately $6,930, which is 97% above the national average.

What type of insurance agent gets paid the most?

While there are many kinds of insurance (ranging from auto insurance to health insurance), the most lucrative career in the insurance field is for those selling life insurance.

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