Circular

November 1, 2007

43/IRDA/AGENCY/Nov 2007

Re: Clarification on Circular pertaining to Reduction in Training Hours

To,


All Insurers / Agents Training Institutes (In-house, Private and Online)

 

IRDA vide Gazette Notification dated 9th October, 2007 on Amendments to IRDA (Licensing of Insurance Agents) Regulation and IRDA (Licensing of Corporate Agents) Regulation and Circular no. 42/IRDA/AGENCY/Oct 2007 dated 15th October, 2007 issued instructions about reduction in agents’ training hours. IRDA is in receipt of number of requests seeking clarification with regard to the limit of number of training hours per day.

In this regard, I am directed to state that –

“By one week it is meant seven days inclusive of weekend and holidays. It is advised that training per day not to exceed 8 hours. This would apply to both online and offline training”


sd/-
( V. Vedakumari )
Executive Director (Admn.)

 

     


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