The document outlines the application requirements for individuals and registered companies to become insurance agents. For individuals, the requirements include educational qualifications, minimum insurance qualifications, police clearance, identification documents, and a completed application form. For registered companies, the requirements include business registration documents, VAT certificates, a company profile, lists of outlets, incorporation certificates, bank statements, personal declaration forms, and police clearances for directors. All agents must publicly represent themselves as licensed agents, not engage in other businesses that could harm integrity or reputation, and have good character.
The document outlines the application requirements for individuals and registered companies to become insurance agents. For individuals, the requirements include educational qualifications, minimum insurance qualifications, police clearance, identification documents, and a completed application form. For registered companies, the requirements include business registration documents, VAT certificates, a company profile, lists of outlets, incorporation certificates, bank statements, personal declaration forms, and police clearances for directors. All agents must publicly represent themselves as licensed agents, not engage in other businesses that could harm integrity or reputation, and have good character.
The document outlines the application requirements for individuals and registered companies to become insurance agents. For individuals, the requirements include educational qualifications, minimum insurance qualifications, police clearance, identification documents, and a completed application form. For registered companies, the requirements include business registration documents, VAT certificates, a company profile, lists of outlets, incorporation certificates, bank statements, personal declaration forms, and police clearances for directors. All agents must publicly represent themselves as licensed agents, not engage in other businesses that could harm integrity or reputation, and have good character.
The document outlines the application requirements for individuals and registered companies to become insurance agents. For individuals, the requirements include educational qualifications, minimum insurance qualifications, police clearance, identification documents, and a completed application form. For registered companies, the requirements include business registration documents, VAT certificates, a company profile, lists of outlets, incorporation certificates, bank statements, personal declaration forms, and police clearances for directors. All agents must publicly represent themselves as licensed agents, not engage in other businesses that could harm integrity or reputation, and have good character.
1. Educational Qualification (5 O Levels plus 1 year insurance experience),excluding(special case of age that is above 40 years) 2. Minimum Insurance qualification (C.O.P certification) 3. Police clearance 4. Copies of IDs or Passport photos(2) 5. Completed agent application form 6. Curriculum Vitae For Registered Company/Institution 1. Copies of Memorandum and Articles of Association 2. Certified copies of VAT 3. A brief profile of the Company/Business plan/Strategy 4. List of Outlets 5. Certificate of Incorporation 6. Form CR14 7. Copies of IDs and Passport photos of Directors or persons playing an equivalent role 8. Completed agent application forms 9. Business permits for each of the outlets 10. Proof of minimum 6 months trading history - 6 months company bank statement 11. Completed personal declaration forms by Directors or persons playing an equivalent role 12. Police clearance for at least two directors or persons playing equivalent role, Office administrators. Attributes 1. Hold him/her out publicly and carry on business in good faith as a general insurance agent only in the name in which the agent is licensed. 2. Not engaged in any other business or occupation that would jeopardize the person's integrity, independence or competence or company reputation. 3. Be of good character and reputation