- Applicant is a company formed under Companies Act 2013.
- Certified of MOA and AOA.
- Details of the directors such as- name, address and occupation.
- Certified copy of the annual report of Indian promoters and foreign investors for the preceding last five years.
What are insurance requirements?
Insurance Requirements — the part of a commercial contract in which the types and minimum amounts of insurance the parties agree to provide in connection with their performance of the contract are specified.
How do I set up an insurance company?
The only requirement for becoming an insurance agent is that the candidate must be over 18 years of age and should have completed Class 10. This means that anybody who has an aptitude for selling insurance policies can become a POSP Agent.
Specific insurance requirements for each country can be found in the World Bank Group's Individual Country Insurance Requirements Matrix. Examples of the types of insurance that may be typically required are: Worker's compensation or other social insurance required by local legislation; Employer's liability; Personal accident; General third-party liability
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