New India is the largest non-life Insurance
Company in India. Working with New India is not only personally rewarding but
also financially rewarding. It's a real challenge to work with leader like New
India. Check out for wonderful career options to give your career a new twist.
How To Become An Agent
Age - Completed 18 years
Qualification:Minimum qualification of pass in 12th
standard or equivalent examination conducted by any recognized Board or
Institution in places where there is a population of five thousand or more (As
per 1991 census), otherwise a pass in 10th standard or equivalent examination
from recognized board or institution if the applicant resides in any other
place.
Training:
Practical training will be of 100 hours at our IRDA approved training centers
and 150 hours of training in case of composite ( life and general) insurance
agency. Training is to be spread over 3 weeks and 4 weeks respectively. There
is relaxation of hours to 50 and 70 respectively in case he posses certain
extra professional qualification. In case of 2nd renewal of licenses for
existing agents, the hours of training required is 25 and 50 respectively.
Insurance Examination:
Pass in examination with 50% marks to be conducted by Insurance Institute of
India, Mumbai, or other body approved by IRDA for 100 marks in 2 hours on
course IC-34.
An interview by insurance company is to be conducted after the examination; for
25 marks. The agent has to score minimum of 15 marks to be successful in the
interview.
License fee of Rs250/- payable to IRDA and Rs.150/- for renewal license. The
bank draft to be submitted to designated person through reporting office
alongwith the Application Form.
