I am life insurance company agent, wants to work for general insurance company. What are the requirements for the same?
If the applicant desires to work for a life insurer or a general insurer or both, as the case may be, he should enclose the documentary evidence of the 10 or 10+2 pass exam certificate and in the pre-recruitment test and the completion of the relevant practical training.
Can I combine my existing LIC license with the GIC license?
No, both exams are different.
Changed my name, how to get it updated in my Insurance Agency Licence?
The name and the licence No. given in the application are identical with those shown in the last licence held. If there is any subsequent change in the name, the reasons for the same should be stated with furnishing documentary evidence for the same.
I had lost my original licence – how do I get a duplicate one?
The IRDA or Designated Authority in the insurance company may issue a duplicate licence replace a licence lost, destroyed, or mutilated on payment a fee of rupees fifty.
How to renew my Insurance Agency Licence?
The application should reach the designated person before the expiry of licence held by the applicant but not more than three months before such expiry. If the application does not reach the designated person at least 30 days before the date on which the last licence ceases to be in force, an additional fee of one hundred rupees should be payable.
What is the timeline to appear for agent exam, after completion of Online Training?
After successful completion of Online Training, you can appear for the agent exam at any point of time but, before 6 month of date of completion of Training .
What is the maximum training hours per day for online agent’s training?
IRDA has prescribed Life Insurance Training Course duration should be a minimum of 8 days for 50 Hours training, with a maximum of 8 hours per day.
Firm or company, wants to take insurance agency licence – who will appear for insurance agency licence exam?
If the Firm or Company desires to act as an insurance agent or a composite insurance agent , as the case may be, the documentary evidence of the relevant pass in the pre-recruitment test and the completion of the relevant practical training of partners of the Firm or directors of the Company should be enclosed.