Q. What qualifications are necessary for an Individual Agent to solicit and procure business?

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Q. What are the functions of an Insurance Broker according to the Regulations?

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Q. How does a corporate agent identify themselves with the insurance company they represent?

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Q. How does an individual agent identify themselves with the insurance company they represent?

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Q. What disqualifications are applicable to applicants for an Insurance Broker license?

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Q. What disqualifications are applicable to both corporate agents and individual agents?

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Q. What is the mandatory training requirement for the Principal Officer and persons soliciting and procuring business in the case of Insurance Brokers?

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Q. Where is the training and examination conducted for the Principal Officer and persons soliciting and procuring business in the case of Insurance Brokers?

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Q. What are the training and examination requirements for corporate agents as per Regulation 5?

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Q. Is there any specified capital requirement for corporate and individual agents according to the regulations?

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Q. What is the validity period of an Insurance Broker license once issued?

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Q. How long does a license granted by the Authority to a corporate agent remain in force?

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Q. What is the duration of an agent license, including renewals?

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Q. Does an individual agent need to take an exam for license renewal?

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Q. How is the renewal application for a license dealt with, according to Regulation 13?

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Q. What powers does the Authority have regarding the suspension or cancellation of licenses?

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Q. Under what circumstances can the designated person cancel a license or certificate of a corporate agent?

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Q. What disqualifications can lead to the cancellation of an insurance agent's license under Regulation 11?

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Q. Is the payment of an annual fee applicable to corporate agents or insurance agents?

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Q. How is the remuneration of an insurance broker regulated under Regulation 19?

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