1. #1
    Unregistered

    What is the process to cancel IRDA license?

    Respected Sir,
    At present i am a life insurance ad visor in a private Life Insurance Company. Due to get a new job I want to cancel my IRDA license.Please tell me what is the process ? because my present company could not accept my resignation letter.Can i cancel my license through your site, please tell me.

  2. #2
    sucraj Array
    Join Date
    Aug 2012
    Posts
    102

    Re: What is the process to cancel IRDA license?

    Hi,


    For canceling IRDA license you have to contact the particular insurance company.

    Meet the Branch Manager who got you the license.

    Just give a written application to them that you want to cancel your IRDA license.

    Get the letter signed and stamped by the concerned authority .

    Keep the original with you and send the photocopy to the IRDA office.

  3. #3
    ajay Array
    Join Date
    Aug 2012
    Posts
    56

    Re: What is the process to cancel IRDA license?

    hello friend,

    If you want to cancel you IRDA licence then pls contact the insurance company for which you were working. Meet the Branch Manager or the Sales Manager who helped you in getting the license. Just give a written application to them that you want to cancel your IRDA license. Get the letter signed and stamped by the concerned authority there. Keep the original. You can send the photocopy to the IRDA office.
    The insurance company is supposed to forward your request to IRDA.
    Then it will get cancelled automatically

    Thank you!

  4. #4
    king87 Array
    Join Date
    Jul 2012
    Posts
    62

    Re: What is the process to cancel IRDA license?

    DEAR FRIEND ,

    IRDA license is issued only when some company sponsors you. So, pls contact the insurance company for which you were working. Meet the Branch Manager or the Sales Manager who helped you in getting the license. Just give a written application to them that you want to cancel your IRDA license. Get the letter signed and stamped by the concerned authority there. Keep the original. You can send the photocopy to the IRDA office.
    The insurance company is supposed to forward your request to IRDA.

    THANK YOU..............

  5. #5
    Chittaranjan Array
    Join Date
    Jul 2012
    Posts
    658

    Re: What is the process to cancel IRDA license?

    Yes friend you are a successful advisor for a insurance company,to be a successful insurer you have to pass irda examination conducted by irda.after achieving this certificate you are legal to do business.now you have got job and you are to cancel your irda certificate.a certificate is isued by irda for a certain period after which it is cancelled automatically.if you require to stop the profession advisor you can surrender your certificate showing valid reasons.

  6. #6
    looser Array
    Join Date
    Jul 2012
    Posts
    619

    Re: What is the process to cancel IRDA license?

    hi friend,

    you can cancel your licence as a insurance agent by applying in the IRDA website.

    first of all you need to follow the below steps and you can get your licence cancelled.

    IRDA licence is issued only when some company sponsors you.


    Here are the steps:-

    1. Contact the company in which you are working as a agent.

    2. Meet the branch manager or the sales manager who helped you in getting the licence.

    3. Give a written application to them that you want to cancel your irda licence.

    4. Get the letter signed and stamped by the concerned authority.

    5. Keep the original, and send the photocopy to the irda office.


    By doing so your request will be brought forward to the IRDA department.

    thanking you
    .

  7. #7
    Unregistered

    Re: What is the process to cancel IRDA license?

    Sir what is the address of irda office,and is there any email id to contct them,because my life insurance comany is
    not taking any necessary step to cancell my lisence.

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