AGENCY MATTERS
•IRDA
will issue a License, Valid for 3 years.
•License
has to renew before one month prior to date of expiry. Renewal of license fee Rs.250/-.
•Renewal
within 30days from the date of expiry of license fee Rs.350/-
•After date of expiry of license Rs.1000/-
•IRDA
will issue a License, Valid for 3 years.
•License
has to renew before one month prior to date of expiry. Renewal of license fee Rs.250/-.
•Renewal
within 30days from the date of expiry of license fee Rs.350/-
•After date of expiry of license Rs.1000/-
Renewal of License after Date of expiry – Revised Procedure:
A PERSON DESIRING TO OBTAIN OR RENEW A LICENCE TO ACT AS AN INSURANCE AGENT SHALL PROCEED AS
FOLLOWS-
•Application form VA. ( for renewal of agency license ).
•Reason for not renewing the license in time- letter by agent
and Development officer.
•Data Sheet and recommendation by Marketing Manager.
•Training Certificate of 25 hours training in case of Post
IRDA agents.
•DD OF Rs.1000/- drawn in favor of LIC of India payable at
Mumbai.
•Attested copy of old license.
A PERSON DESIRING TO OBTAIN OR RENEW A LICENCE TO ACT AS AN INSURANCE AGENT SHALL PROCEED AS
FOLLOWS-
•Application form VA. ( for renewal of agency license ).
•Reason for not renewing the license in time- letter by agent and Development officer.
•Data Sheet and recommendation by Marketing Manager.
•Training Certificate of 25 hours training in case of Post IRDA agents.
•DD OF Rs.1000/- drawn in favor of LIC of India payable at Mumbai.
•Attested copy of old license.
•Application form VA. ( for renewal of agency license ).
•Reason for not renewing the license in time- letter by agent and Development officer.
•Data Sheet and recommendation by Marketing Manager.
•Training Certificate of 25 hours training in case of Post IRDA agents.
•DD OF Rs.1000/- drawn in favor of LIC of India payable at Mumbai.
•Attested copy of old license.
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