Thursday, April 20, 2017

Renewal of licence For Corporate Insurance Agents

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Renewal of licence For Corporate Insurance Agents

Insurance
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A licence is issued for a period of 3 years and shall expire at the end of the term, unless renewed. The fee for renewal is Rs.250 as applicable to renewal of an individual agency licence. The conditions for renewal of licence for a Corporate agent is similar to that of an individual agent, including maintenance of a minimum persistency of 50%.

Insurance Law And Practice - ICSI
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