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Know everything about Go Digit Agent or Insurance Advisor Business Opportunity here.

Check out details like the Go Digit Franchise Review and Ratings, Cost, Commission Infrastructure requirements, Support details, ROI tenure, and more.

This Insurance Agent business is a leading insurance franchise. You can check all relevant information & make your insurance business investment decision.

Go Digit Agent Business Opportunity - Snapshot

Line of Business

Insurance Agent

Unit / Shop Area

150 - 200 Sq. Ft. (Optional)

Commission% / Revenue Sharing

2.5% to 6% of Premium

Total Investment

Rs.42,000 - Rs.70,000 (Optional)

ROI Timeframe

3 to 6 Month

Go Digit Insurance Agent Review & Ratings by Franchisebyte

Revenue Sharing

4.29 / 5

Franchise Fee & Infra Investment

4.37 / 5

Support & Training

4.02 / 5

ROI Timeframe

4.24 / 5

Brand Value

4.05 / 5

Overall Ratings

4.19 / 5

Star Ratings


Overview of Go Digit Franchise

Industry

Finance & Money

Business Line

Insurance Agent

Organization Type

Public

Head Office

Beverly Hills, California

Founder

Logan Mulvey

Founded In (year)

2008

No. of Agents

400+

Master Franchise Model

NA

Agents Tenure

Lifetime

Agents Location

All over India

Business Set-Up Time

1 Month

Agent Commencement Year

2020

Go Digit Agent Fees or Business Cost

Registration & Training Fees

Rs.12,000 - Rs.15,000

Infrastructure Investment

Rs.30,000 - Rs.55,000 (Optional)

Go Digit Advisor Commission / Revenue Sharing / Royalty

Life Insurance Commission

2.5% to 6% of Premium

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

3% to 6% of Premium


Go Digit Insurance Partner – Income, Expenses & Profits

Check out expected profits & expenses generated by Go Digit Franchise Business.

Life Insurance Premium 10,00,000
Health Insurance Premium 3,00,000
ULIP Premium 10,00,000
Life Insurance Commission (2.5% of Pre) 25,000
Health Insurance Commission (5% of Pre) 30,000
ULIP Commission (3% of Pre) 30,000
Agent’s Income 85,000
Total Expenses 42,000
Agent’s Net Profit 43,000
Net Profit Margin 1.870%

Go Digit Insurance Advisor ROI Details

In Months

3 to 6 Month

Master Franchise of Go Digit - Information

Franchise Fee

NA

Infrastructure Investment

NA

Commission% / Revenue Sharing

NA

Go Digit Agent Business - Infrastructure Requirement

Shop / Unit Area

150 - 20 Sq. Ft. (Optional)

Employee Strength

Minimum 1

Telephone Lines

Compulsory

Computer / Internet Connectivity

Compulsory

Airconditioner

Optional

CCTV Set-up

Optional

Check out Business Opportunities with Similar Brands

Support Provided by Go Digit Insurance Agent Program

Offers

Available

Client Interaction Training

Available

Relationship Manager Support

Available

Back-Office Support

Available

Marketing Support

Partially Available

Business Management Software

NA

Website Support

NA

Operation Manual

Available

Training Manual

Available

Go Digit Partner Program - Marketing Support

Unit Interior & Exterior Ads

Available

Local Advertisement

Available

Digital Marketing

Available

Television Advertisement

NA

Prints Advertisement

NA

Events/Seminars

NA

Training provided by Go Digit Insurance Advisor Franchise

Product Information Training

Provided

Sales Training

Provided

Service Training

Provided

ULIP Training

Provided

Go Digit Insurance Agent - Products & Services Offered

Life Insurance

NA

Health Insurance

Available

Motor Insurance

Available

Travel Insurance

Available

Business Insurance

NA

Agricultural Insurance

NA

Rural Insurance

NA

Investment Plans (ULIPs)

Available

Check out Business Opportunities with Similar Brands

Go Digit Franchise - Revenue per Customer

Life Insurance Premium

Rs.4,000 to Rs.12,000

Health Insurance Premium

Rs.3,000 to Rs.25,000

Motor Insurance Premium

Rs.1,200 to Rs.10,000

Travel Insurance Premium

Rs.800 to Rs.5,000

Business Insurance Premium

Rs.20,000 to Rs.50,000

Agricultural Insurance Premium

NA

Rural Insurance Premium

NA

Investment Plans (ULIPs)

Rs.10,000 to Rs.10 Lakh

Qualification required by Go Digit Insurance Agent

Nationality

Indian

Age Limit

18+

Business Experience

Preferred

Academic Qualification

10+, Graduation Preferred

IRDAI Certification

Mandatory

PoSP Certification

Mandatory

Documents Required to Start Go Digit Agent

Insurance Agent Agreement

Required

Proprietor Aadhaar Copy

Required

Proprietor Photo

Required

Proprietor / Business PAN Copy

Required

Business TAN Copy

Required

GST Registration Certificate

Required

Proprietor / Business Address Proof

Required

Unit / Shop Address Proof

Required

Latest ITR or Form16

Required

Bank Statement

Required

Go Digit Partner Dashboard or Backoffice Login

Dashboard Link

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