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Important: Loss survey limits categorized Surveyors (128 KB) PDF File Opens in a new window

Licensing Procedure for Surveyors

  1. Every person who is an individual and intending to act as a surveyor and loss assessor in respect of general insurance business shall apply to the Authority for grant of licence in FORM-IRDAI-1-AF as given in the Schedule to these regulations.
  2. The Authority shall, before granting licence, take into consideration all matters relating to the duties, responsibilities and functions of surveyor and loss assessor and satisfy itself that the applicant is a fit and proper person to be granted a licence. In particular and without prejudice to the foregoing, the Authority shall satisfy itself that the applicant, in addition to submitting the application complete in all respects:-
    1. satisfies all the applicable requirements of section 64UM read with section 42D of the Act and rule 56A of the Insurance Rules, 1939;
    2. possesses such additional technical qualifications as may be specified by the Authority from time to time;
    3. has furnished evidence of payment of fees for grant of licence, depending upon the categorisation;
    4. has undergone a period of practical training, not exceeding 12 months, as contained in Chapter VII of these regulations; and
    5. furnishes such additional information as may be required by the Authority from time to time.
  3. The Authority on being satisfied that the applicant is eligible for grant of licence, shall grant the same in FORM-IRDAI-2-LF as given in the Schedule to these regulations and send an intimation to the applicant together with an identity card mentioning the particular class or category of general insurance business namely, fire, marine cargo, marine hull, engineering, motor, miscellaneous and loss of profit for which the Authority has granted licence and the licence shall remain valid for a period of five years from the date of issue thereof, unless cancelled earlier.
  4. A surveyor and loss assessor, whose licence has been cancelled or suspended for any reason, may submit an application for issuance of licence, after the expiry of three years from the date of such cancellation or suspension, and, such an application shall be treated as a fresh case, and, accordingly, the applicant shall satisfy all the requirements of sub-regulation (2).
  5. A surveyor and loss assessor shall be subject to categorisation as specified in Chapter V of these regulations.
  6. A licence issued, before the commencement of these regulations, by the Controller of Insurance or his authorised representative shall be deemed to have been issued in accordance with these regulations.
  7. The applicant referred to in (1) shall apply in FORM-IRDAI-3-AF as given in the Schedule to these regulations.
  8. The Authority on being satisfied that the applicant is eligible for grant of licence, shall grant the same in FORM-IRDAI-4-LF as given in the Schedule to these regulations, and, all the provisions of regulation 3 above, shall apply mutatis mutandis to corporate surveyors.

For more details visit IRDAI's website www.irdaindia.org External Website that opens in a new window