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India Post: Low-cost Distribution and …
India Post: Low-cost Distribution and establishment of multiple Agencies November 9 2010 Under Indian insurance rules and regulations, only licensed insurance agents or intermediaries can receive commission or remuneration for the solicitation and procurement of insurance business in India . Corporate agents are recognised as legitimate insurance Distribution channels that are bound by the rules and regulations applicable to insurance agents. To operate validly as a corporate agent, the entity must be licensed to act for an insurer under the delegated authority of the Insurance Regulatory and Development Authority (IRDA) under the IRDA (Licensing of Corporate Agents) Regulations 2002 and the Guidelines on Licensing of Corporate Agents of July 14 2005.
India Post: Low-cost Distribution and Establishment of Multiple Agencies November 9 2010 Under Indian insurance rules and regulations, only licensed insurance agents or intermediaries can receive
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