- The best thing about insurance advisors is that they are licensed professionals. People need an insurance expert to find the best deal for him. And they develop relationships with prospective clients through networking and referrals. They know your personal details, this includes your age, if you’re married, have any dependents, your occupation, and income. On the basis of which they Put together personalized advice for you. & thereafter Assist customers in properly completing insurance applications formalities & filing of the same with insurers. In addition to finding new clients, as an insurance agent, they maintain relationships with existing clients. So they have vast network of clients.
- Insurance offer 100’s of products & agents have knowlde of all policies, their terms & condition, pro & cons. So they are expert in negotiating, explaining & convincing right product or service to their client.
- Procuring insurance business especially life insurance is really difficult, so if you can convince people & sell insurance products, you can sell anything. So selling immigration, study abroad, & various kinds of visa consulting services is not a big thing for the insurance advisor
Procuring insurance business is realy difficult, so if you can convince people & sell
|Insurance advisors||Immigration advisors|
|They work for 3/4 insurers||They work for 3/4 countries|
|Each insurer has different policy products||Each country has different visa products|
|Each policy product has different terms & conditions||Each visa product has different terms & conditions|
|Interpretation of policy terms & conditions,||Interpretation of visa terms & conditions for admission, work permit & PR|
How to take a start:
- Franchise route: if you intend to be in the business of immigration consulting, you can become a franchise of some renowned immigration consulting company. The franchise fee is Rs. 50 thousand to 5 lac varying from franchiser to franchiser. In addition to franchise fee, franchiser require you to build a good office infra set-up & run a local advertisement campaign, cost of which may be around Rs. 10 lac. so the total set-up cost for the immigration consulting business in a small town, can touch Rs. 15 lac.
Franchiser will provide you their brand name & initially handle some of cases sourced by you & in case of maturity, you will be paid commission in range of 25% to 70%.
You can search internet for various franchisers & find a suitable one for you. Here are some web links of some franchisers for your ready reference:
Kc overseas education consultancy: https://www.studiesabroadfranchisee.com/become-our-franchisee/model
Nb visa consultancy: https://www.nbgroup.in/franchise/
Cross land immigration consultant: https://www.crosslands.in/franchise.html
Prosper oversees education: https://www.franchiseindia.com/brands/prosper-overseas-education.2101
- Training route: If you are not willing to adopt the franchise route & want to set up the business on your own, you can find some training institute, gain some knowledge & take a start on your own. The training provider will teach you the fundamentals of immigration process of various countries. But these kind of institutes / trainers are very rare to be found. We have searched two of such training providers, web links of which are given hereunder:
Tourism school visa management training course: http://www.thetourismschool.com/visa.php
Edumilestone oversees education consultant training: https://www.edumilestones.com/cccis.php
The institutes will charge Rs. 50000 to 60000.00 as course fee.
- Referral partner / Affiliate: The alternative to above two modes is to be a referral partner or affiliate of some reputed big player in the field of immigration consultancy. Referral partner need to learn only the basics of immigration process & refer a prospective client to the main player. So you are only recommending these services or products to your known circle or existing client base, all other job is to done by the main player.
A referral partner is a kind of channel partner or business associate, Who recommends the services offered by your company/ main player, to people from his social circle. In simple words, you may refer the prospective client i.e. the man who needs immigration & study visa advice, to your associated company.
So in nutshell, you are a kind of franchise without investment & what other people achieve with Rs. 10/15 lac, you will be doing with Rs. Ten thousand or even free of cost.
Keeping in view the fact that professionals who are already occupied with their current job, cannot afford time to get physical training / internship, we have made arrangement with some reputed service providers, who have consented to provide basic on-line, off-site training in the verticals of Immigration consultancy / counseling.
You can join for an off-site internship to gain work experience & overall feel of the immigration & study visa counseling verticals of the industry. It will provide you the information about rules, regulations and procedures in the particular field. You can integrates knowledge and theory learned with practical application and skills development in a professional setting.
Joining : Free Joining: Rs.9500
|Immigration & Visa consultancy||Referral Partner||Affiliate|
|1.Basic on-line / off line training / knowledge||✔||✔|
|2. Off site on the job practical guidance||✔||✔|
|3. Regular knowledge material||✔||✔|
|4. Monthly market updates||✔||✔|
|5. Hand Holding for 6 months- You will be taken along the process step by step for your cases.||✔||✔|
|6. Dedicated support||✔||✔|
|7. Access to on-line college & course search software application for immigration consultant||✗||✔|
|8. Pay out -You will be given fix % of the revenue generated. ( Average revenue per case: Rs. 1 lac )||25%||70%|
|9. Joining Fee||Free||Rs. 9500/-|
Difference between Referral partner & Affiliate:
There is no big difference between the above two modes, only advantage in affiliate mode is that you will be allotted a log-in ID of college-course search software which will help you to learn quickly, the student admission & visa consultancy process. The 2nd advantage is the higher payout to the tune of 70% as compared to the 25% as in case of referral partner.
So if you are taking it causally, you can join the free training & support or if you are a little bit serious you can join through affiliate mode i.e. paid vertical. However we wish you to join in any of the options, as the sole aim is build big network of associates & use the power of network for mutual benefits.