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Certifying Authorities (CA) has been granted a license to issue a digital signature certificate under Section 24 of the Indian IT-Act 2000. One can procure Class 2 or 3 certificates from any of the certifying authorities. Which one of the following bodies can issue the license to work as individual agents in India?Insurance Regulatory & Development Authority.
Which section deals with the license of an agent?Section 42 in The Insurance Act, 1938.
What is IRDA agent?An individual agent is one who has undergone requisite training, passed an examination and been duly licensed by IRDA to sell insurance polices to the public and provide after-sales service including assisting at the time of a claim.
Who is appointed as an agent of insurance company?(1) An insurer may appoint any person to act as insurance agent for the purpose of soliciting and procuring insurance business: Provided that such person does not suffer from any of the disqualifications mentioned in sub-section (3).
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