MyInsuranceClub
menu

IRDA has issued a circular for agents training institutes

Insurance regulatory and development authority (IRDA) has issued a circular listing standard instructions and guidelines applicable for approval/renewal of agents training

eye icon
130 views/
clock icon
1 min 33 secs
calendar icon
Last Updated - May 26, 2012
article image
Listen to this article
audio icon

Insurance regulatory and development authority (IRDA) has issued a circular listing standard instructions and guidelines applicable for approval/renewal of agents training institutes.

For the purpose of accreditation of private Agents Training Institute the proof of ownership/ tenancy of the premises (ATI registered office and branch) in the name of Agent Training Institute are sufficient for accreditation. In case of in-house Agents Training Institute where the training center is situated in the branch approved by IRDA, copy of IRDA approval of branch is acceptable.

Simply speaking, if a training institute wants to get certified by IRDA, a proof of ownership/tenancy agreement is required in the name of institute.

 

author image
Author

MIC Newsdesk is a dedicated department of MyInsuranceClub that specializes in producing insurance-related content. The team comprise of expert writers is well-versed in the insurance industry and creates high-quality, informative, and engaging content.