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Should you surrender your insurance agent licence to work for a insurance broking company?
Wiki User
∙ 15y ago
I would not. The only reason they would require such a thing is that they are afraid if you keep your license it would be easy for you to get a job somewhere else or even start your own competing business. By requiring you give up your license they are attemting to lock you into your employment and limit your future prospects.
Wiki User
∙ 15y ago
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I am a insurance agent of one PSU insurance company. IRDA has issued me the licence. I am not satisfied with this insurance company. Tell me the procedure how to surrender the agency NOT Licence.?
What state are you in? You don't have to worry about surrendering the lic. You can just get contracted with other companies and write with them. Your existing contract will eventually be cancelled for non-production. Or you can simply contact the companies licensing department and ask them to canel your contract. I can help you get appointed with other companies and top commissions if you would like to contact me thru the message board.
Does the insurance company have to find out if you received a DWI and are driving with a hardship licence in LA?
They don't "have to", but they will.
How can license be taken for damages owed to an insurance company?
In most countries a driving licence could not be taken as payment or punishment for damages owed to an insurance company as that you be a civil matter.
If you have full coverage insurance on your auto do you have to put a new teenage driver on your insurance or would this be automatically covered?
Yes, you have to ad them to your policy I would call the insurance company and offer the drivers licence number to ensure coverage. there is no sense in taking chances with today's insurance company's.
Can Life insurance corporation's agent get a licence for general insurance of new India insurance?
You can get licence for both life and general business from IRDA for which you are to apply at the time of opting for fresh licence and/or at the time of renewal.
Can you insure a vehicle without a license?
some insurance company will let you but they will require a licence number of the person you are allowing to drive the car
What happens if you get in an accident and the other driver does not have a drivers license?
If they don't have a licence they won't have valid insurance. Your own insurance company will advise; in the UK there is a pool to cover this, but it'll be different elsewhere.
Do we need a chain saw license if we work for a company?
Generally, in this day and age, a licence is necessary for the purpose of insurance. Most companys require you to obtain or hold an appropriate licence for much small plant and machinery.
Can a non license holder claim his car insurance?
I guess you won´t get your car insured without a driving licence. If by any mean you manage it, I think it would be theoretically possible. The same if your licence was removed or by any other reason is not valid anymore. Depends on the insurance company.
How to check that company irda license is valid or not?
In the licence issued by Insurance Regulatory Development Authority (IRDA), the validity of the licence is specifically mentioned as three (3) years from the date of issuance of the same. So, one can easily calculate whether on a particular date the licence is valid or not.
Can you get someones auto insurance information if you have their licence plate?
Yes, you can. If you are involved in an accident and have their license plate, either file a police report and the police will get the information for you, or,contact your insurance company. Keep in mind, insurance records are NOT public information.
Can you rent a car without personal car insurance?
Yes All you have to have is a valid drivers licence and a credit card with enough limit left to cover the cost. But the insurance the rental company will charge is not cheap!
