Question

What is the renewal procedure for an insurance surveyor and loss assessor's license?

a.

Automatic renewal without an application process.

b.

Renewal application must be submitted at least fifteen days before expiry.

c.

Renewal application must be submitted at least thirty days before expiry.

d.

Renewal is not allowed; a new license must be obtained.

Answer: (c).Renewal application must be submitted at least thirty days before expiry. Explanation:An insurance surveyor and loss assessor must apply for license renewal at least thirty days before the expiry of the current license. Applications may be accepted within six months of expiry with a penalty of seven hundred and fifty rupees.

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Q. What is the renewal procedure for an insurance surveyor and loss assessor's license?

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