What is Million Dollar Round Table (MDRT)? Million Dollar Round Table (MDRT), The Premier Association of Financial Professionals, is an international, independent association of nearly 36,000 of the world's leading life insurance and financial services professionals from more … [Read more...] about All about Million Dollar Round Table (MDRT)
agents
IRDA relaxes the definition of 'Relatives' for Insurance Agents
IRDA has relaxed the definition of 'Relatives' for the employees of Insurance Companies, who are looking to engage as Agents. Now as per new IRDA circular, “The term relatives is re-defined as spouse, dependent children or dependent step children whether residing with the … [Read more...] about IRDA relaxes the definition of 'Relatives' for Insurance Agents
Cholamandalam fined 10 lakh by IRDA for violating corporate agency guidelines
Cholamandalam general insurance has been levied Rs. 10,00,000 (Rs. 5,00,000 each for financial years 2007-08 and 2008-09) fine by the Insurance Regulatory and Development Authority of India (IRDA) for violating the provisions of various regulations, guidelines and … [Read more...] about Cholamandalam fined 10 lakh by IRDA for violating corporate agency guidelines
FAQ on Insurance Agency Licence Exam?
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 … [Read more...] about FAQ on Insurance Agency Licence Exam?
Be aware – Please check ID Cards before giving any info to any person
Some instances have been observed by Insurance Regulatory and Development Authority (IRDA) that general public are receiving calls from individuals who claim to be representatives of IRDA and offering insurance policies of different insurance companies with various benefits (such … [Read more...] about Be aware – Please check ID Cards before giving any info to any person