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Thread: Transfer my agent's licence

  1. #1
    NewBie
    Join Date
    Apr 2009
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    Bhopal
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    14

    Question Transfer my agent's licence

    Hi All, I wanted to change my insurance company. Now do I need to transfer my old agent's licence from the present company to new company? Or I need to apply as a fresh. Pls guide.

    Thanks,

    Gaurav



  2. #2
    PW Stalwart Master's Avatar
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    Feb 2009
    Location
    Mumbai
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    438

    Default

    For this you need to resign from the present company and then the present insurance company will issue you NOC. Than you need submit the NOC with application to IRDA for change. If every thing went right than you will get the licence from new company.

  3. #3
    Super Moderator PolicyWala's Avatar
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    Feb 2009
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    New Delhi
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    Default

    - Resign from your present company
    - Apply for NOC from present company (this will be issued with in 90 days after your resignation and request for NOC)
    - Apply to IRDA for new licence with copy of above letters

  4. #4
    NewBie
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    Apr 2009
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    Bhopal
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    Thumbs up

    Quote Originally Posted by Master View Post
    For this you need to resign from the present company and then the present insurance company will issue you NOC. Than you need submit the NOC with application to IRDA for change. If every thing went right than you will get the licence from new company.
    Quote Originally Posted by PolicyWala View Post
    - Resign from your present company
    - Apply for NOC from present company (this will be issued with in 90 days after your resignation and request for NOC)
    - Apply to IRDA for new licence with copy of above letters
    Thanks a lot to Master and Policywala for answering my query so quickly. Thanks again.


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