On behalf of "Insurance Regulatory and Development Authority of India" we conduct "pre recruitment test" for insurance advisors. To facilitate insurance companies to deploy more agents and also to offer choice to the candidates who are tech savvy we conduct this examination in electronic mode.
Eligibility for examinations
Regulation 4 of the regulations (i.e. IRDA (licensing of Insurance Agents) /Regulations, 2000) requires that a person desiring to obtain or renew a license to act as an insurance agent or a composite insurance agent shall possess the minimum qualification of a pass in 12th standard or equivalent examination conducted by any recognized Board/Institution, where the applicant resides in a place with a population of five thousand or more as per the last census, and a pass in 10th standard or equivalent examination from a recognized Board/Institution if the applicant resides in any other place.
According to the Regulation 5 of the regulations (i.e. IRDA (licensing of Insurance Agents) /Regulations, 2000), the person desiring to obtain or renew a license to act as an agent is required to :
i) complete from an approved institution 50 hrs. of training (ie. In case of candidate seeking agency license for the first time) and 25 hrs. of training (ie. In case of candidate seeking renewal of license), candidate who is seeking license for the first time to act as composite (ie. Life/General) insurance agent has to complete 75 hrs. of training.
Procedure for enrollment:
A) Please Click on Below mentioned link for Registration of Candidates in Mumbai and out side Mumbai centers for NSE.IT Limited