|Do you want to become an agent of Oriental Insurance?|
Back There is a lot of earning potential in this field and if you don't mind a little hard work, Oriental welcomes you to join its family. Requirements as per IRDA for licensing of Insurance Agents are briefly:-
1. Qualifications: --
The applicant should possess the minimum qualification of a pass in 12th Standard or equivalent examination conducted by any recognised Board/Institution, where the applicant resides in a place with a population of five thousand or more as per the last census, and a pass in 10th Standard or equivalent examination from a recognised Board/ Institution if the applicant resides in any other place. 2. Practical Training: --> (1) The applicant will have to complete 100 hours training in general insurance from an approved institution. This will be 150 hours for agents seeking a licence for both life and general insurance.Associate/Fellow of the Insurance Institute of India, Mumbai;
Associate/Fellow of the Institute of Chartered Accountants of India, New Delhi;
Associate/Fellow of the Institute of Costs and Works Accountants of India, Calcutta;
Associate/Fellow of the Institute of Company Secretaries of India, New Delhi;
Associate/Fellow of the Actuarial Society of India, Mumbai;
Master of Business Administration of any Institution / University recognised by any State Government or the Central Government; or
Professional qualification in marketing from any Institution / University recognised by any State Government or the Central Government --
For such agents seeking life and general insurance (composite) licence the training period will be 70 hours.
3. Examination: -- After completion of practical training the applicant has to pass a prerecruitment examination which is conducted by the Insurance Institute of India, Mumbai.
(Full details available on the IRDA website
If you meet the minimum qualifications please visit the office of our company nearest to you (Divisional Office/Branch Office/Regional Office). The addresses of our offices are available on this website. Please approach the Officer In-charge and give him an application on plain paper. After a preliminary scrutiny and brief interaction with you the concerned officer would proceed with your application based on your suitability. Training would be arranged by the office at a nominal charge. The fees for the licence is fixed by IRDA (currently Rs.250/-).