The HDFC ERGO Agent Business is one of the most trusted and rewarding career options in insurance sector of India.

As an HDFC ERGO franchise partner, you get the opportunity to sell a variety of Insurance products and earn attractive commissions.

To operate as an HDFC ERGO insurance agent, the monthly business cost is Min. Rs.3,500, which includes office rent, utilities, marketing, and administrative expenses.

In return, agents can earn a commission ranging from 2% to 10% of Premium, depending on the type and value of policies sold. The more premium you generate, the higher your earnings.

Total Agents 100+
Total Investment Rs.3,500 to Rs.63,500 (Optional)
Agents Commission 2% to 10% of Premium
Avg. Monthly Profit Approx. Rs.52,500
Breakeven Time 1 Month
Payout Time 30 Days

HDFC ERGO Agent or Advisor - Business Models

Corporate Agents

Yes

Individual Agents

Yes

HDFC ERGO Agent Commission

Life Insurance Commission

NA

Health Insurance Commission

5% to 10% of Premium

Motor Insurance Commission

5% to 7% of Premium

Travel Insurance Commission

10% to 15% of Premium

Business Insurance Commission

5% to 10% of Premium

ULIP Commission

2% to 4% of Premium

HDFC ERGO Franchise Cost or Investment

Registration & Training Fees

Rs.2,500 to Rs.3,500

Infrastructure Investment

Rs.35,000 to Rs.60,000 (Optional)


HDFC ERGO Insurance Franchise Profits & Income

Check out HDFC ERGO Insurance Agent Profits & Income.

Life Insurance Premium 0
Health Insurance Premium 500000
ULIP Premium 2000000
Life Insurance Commission 0
Health Insurance Commission 50000
ULIP Commission 40000
Agent’s Income 90000
Total Expences 37500
Agent’s Net Profit 52500
Net Profit Margin 2.10%

HDFC ERGO Insurance Agent Business - Offers

Life Insurance Commission 2% or More

No

Health Insurance Commission 10% or More

Yes

Zero Investment

No

ULIP Investment

Yes

Motor Insurance

Yes

IRDAI Certification

Yes

PoSP Certification

Yes

HDFC ERGO Insurance Partner Support

Dedicated RM Support

Yes

Service Training

Yes

Product Training

Yes

Webinars

Yes, Limited

Back-Office Support

Yes

Acquisition Support

Yes

Marketing Support

Yes, Limited

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HDFC ERGO Insurance Franchise - Office Requirement

Area in Sq. Ft.

120 to 200 Sq. Ft. (Optional)

No. of Employees

Minimum 1

Reception

Optional

Managers Cabin

Optional

Mobile or Telephones

Mandatory

Call Recording

Optional

Laptops or Computers

Mandatory

CCTV Set-up

Optional

HDFC ERGO Agent Dashboard Link

App Platform

NA

HDFC ERGO Partner Backoffice Platform - Features

Lead Addition Link

Yes

Manual Lead Addition

Yes

Lead Stage Info

Yes

Lead Info Backend Change

Yes

Lead Deletion

Yes

Commission Mapping

Yes

Leads Report

Yes

Clients Activation Report

Yes

Clients Portfolio Report

Yes

Monthly Payout Report

Yes

HDFC ERGO Insurance Advisor Review or Ratings by Finec.in

Overall Rating

8.84 / 10

Commission

8.25 / 10

Investment

8.73 / 10

Breakeven

9.16 / 10

Support

8.58 / 10

Experience

9.48 / 10

HDFC ERGO Partner Program - Products Offered

Life Insurance

No

Health Insurance

Yes

Motor Insurance

Yes

Travel Insurance

Yes

Business Insurance

Yes

Agricultural Insurance

No

Rural Insurance

No

Investment Plans (ULIPs)

Yes

HDFC ERGO Franchise Business - Platforms Offered

Mobile App

Yes

Web Platform

Yes

Backoffice Platform

Yes

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How to Become an HDFC ERGO Agent? - Eligibility Criteria

Age Limit

18+

Nationality

Indian

Academic Qualification

10+, Graduation Preferred

IRDAI Certification

Compulsory

PoSP Certification

Compulsory

Business Experience

Optional

HDFC ERGO Insurance Agent - Documents Required by Individuals

Agent Agreement

Mandatory

Identity Proof - Aadhaar

Mandatory

Address Proof - Aadhaar / Rental Agreement

Mandatory

PAN

Mandatory

Passport Size Photo

Mandatory

Bank Account Details

Mandatory

Bank Cancelled Cheque

Mandatory

GST Registration Certificate

Mandatory

Latest ITR or Form16

Mandatory

HDFC ERGO Insurance Franchise - Documents Required by Firms or Company

Agent Agreement

Mandatory

Firm or Companies PAN

Mandatory

Firm or Companies TAN

Mandatory

Firm or Companies Incorporation Certificate

Mandatory

Firm or Companies Bank Details

Mandatory

Firm or Companies Cancelled Cheque

Mandatory

All Partners or Directors PAN

Mandatory

All Partners or Directors Aadhaar

Mandatory

All Partners or Directors Photo

Mandatory

GST Registration Certificate

Mandatory

Latest ITR or Form16

Mandatory

Customer ratings and reviews of HDFC ERGO Agent

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