7 Steps To Get Insurance Broker License in India

Access the IRDAI portal and log in. If you are a new user, create an account with valid information.

1.  

After creating your account, log in and go to the application section to locate Form B.

2.  

Open Form B and fill it out with relevant information about the company, including net worth, capital, directors, partners, and other required details.

3.  

After completing the form, upload the necessary documents in the specified format.

4.  

Pay the applicable fee as advised.

5.  

Once completed, the form will be forwarded to the respective IRDAI department for review. The review process may take a few days, depending on the type of license and compliance requirements.

6.  

After thorough due diligence, the IRDAI will grant the license, provided no errors or discrepancies are found during the review.

7.