To In
consideration of the comments and suggestions received by the Authority
in response to the Notice dated 2nd August, 2004 issued by the Chairman,
it has been decided by the Authority to issue the enclosed standard
instructions and guidelines applicable for approval/renewal of agents
training institutes. 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 regulation and promotion orderly growth of insurance industry
and matters connected therewith or incidental thereto.
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