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Which of the following authorities issue licences to lic agents in india


26 fév. 2015 · Insurance Regulatory and Development Authority of India (IRDAI) today said the insurance companies can appoint individual agents on their ...

Which of the following authorities issues licences to LIC agents in India?

1. Insurance Regulatory and Development Authority of India (IRDAI), is a statutory body formed under an Act of Parliament, i.e., Insurance Regulatory and Development Authority Act, 1999 (IRDAI Act 1999) for overall supervision and development of the Insurance sector in India.

Which of the following is responsible for the licensing of insurance agents?

1 State laws determine the licensing requirements insurance must meet. These laws are enacted by state legislatures and enforced by state insurance departments.

What are the insurance agents called who hold license to act as agents for Life Insurer general insurer and health insurer?

Corporate Agents can represent one life insurer, one non-life insurer and one standalone health insurer. In addition they can represent the two specialised insurance companies, Export Credit Guarantee Corporation and Agriculture Insurance Corporation of India.

Which section deals with the licensing of an agent?

Section 42 in The Insurance Act, 1938.

How to become an insurance agent in LIC India?

How are industrial licenses regulated in India?

What does a LIC agent do?


Whereas the following are Special Authorities: 1. SEBI which amongst other things, specifically regulates the functioning of the listed companies; 2. Reserve Bank of India (RBI) specifically deals with the working of banking companies, financial institutions and Non-Banking Financial Companies (NBFCs); 3. Insurance Regulatory and Development Authority of India (IRDAI), an autonomous apex statutory body which regulates and develops the insurance industry in India.




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