To All Concerned
In consideration of the comments and suggestions received by the Authority in response to the Notice dated 9th March, 2005 issued by the Chairman, it has been decided by the Authority to issue the enclosed standard instructions and guidelines applicable for approval/renewal of On-line agents training institutes. These guidelines will be applicable to all the on-line training institutes including in-house training institutes of the insurers. These instructions and guidelines are issued under the duties, powers and functions of the Authority and are to be complied in conjunction with Section 42 of the Insurance Act and Insurance Agents Regulations made by the Authority. This order is issued for the purposes of promotion of orderly growth of insurance industry and matters connected therewith or incidental thereto.
Encl : As Above