Authorisation Of Insurance Agents to sell for one insurer at a time
A licence issued under the provision of the above Regulations entitles an Insurance Agent to sell on behalf of one life insurer or one General insurer at a time. An identity card is issued by the concerned Insurer for this purpose. An Agent is entitled to change insurer but has to follow the process laid down in IRDA’s circular on issue of a ‘No objection Certificate” by the insurers, dated 2 September 2009.
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A licence issued under the provision of the above Regulations entitles an Insurance Agent to sell on behalf of one life insurer or one General insurer at a time. An identity card is issued by the concerned Insurer for this purpose. An Agent is entitled to change insurer but has to follow the process laid down in IRDA’s circular on issue of a ‘No objection Certificate” by the insurers, dated 2 September 2009.
Insurance Law And Practice - ICSI
Authorisation Of Insurance Agents to sell for one insurer at a time
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