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IRDA Guidelines on approval/renewal of agents training institutes

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Circular no. IRDA/AGTS/CIR/GLD/120/05/2012,

Dated 25-5-2012

The Authority has issued standard instructions and guidelines applicable for approval/renewal of agents training institutes vide Ref: IRDA/AGTS/CIR/GLD/269/12/2011, dated 7th December, 2011.

The Authority hereby amends (underlined) the Clause 9 of the said guidelines on approval/ renewal of agents training institutes. In view of the amendment, the said clause may be read as follows:

1. Clause 9:

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.

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