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CENTRAL BANK OF SEYCHELLES INSURANCE ACT, 2008 APPLICATION FORM FOR INSURANCE SUB AGENT (Registration) (Pursuant to Section 75(4) of the Insurance Act, 2008) NAME OF APPLICANT (INSURER OR INSURANCE

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What is insurance sub agent?

Insurance sub agent is an individual or company that sells insurance policies on behalf of an insurance agent or broker. They act as intermediaries between the insurance company and the customers, assisting in the sale and processing of insurance policies.

Who is required to file insurance sub agent?

Insurance sub agents are required to be licensed and authorized by the insurance regulatory authorities in their respective jurisdictions. The specific requirements may vary by country or state, but generally, individuals or companies acting as insurance sub agents must meet certain qualifications and undergo a licensing process.

How to fill out insurance sub agent?

To fill out an insurance sub agent application, you will typically need to provide information such as your personal and contact details, employment history, qualifications and experience in the insurance industry, and any relevant licenses or certifications you hold. The application may also require disclosure of any criminal or disciplinary history. It is important to carefully review and accurately complete all sections of the application form, ensuring that you provide truthful and complete information.

What is the purpose of insurance sub agent?

The purpose of insurance sub agents is to assist insurance agents or brokers in expanding their distribution capabilities. Insurance sub agents play a crucial role in reaching a wider customer base and providing personalized service to customers. They help with tasks such as explaining insurance policies, collecting premiums, processing claims, and providing ongoing customer support.

What information must be reported on insurance sub agent?

The specific information required to be reported on an insurance sub agent may vary depending on the regulatory requirements of the jurisdiction. However, typical information that may need to be reported includes the sub agent's contact details, license number, qualifications, employment history, and any relevant certifications or affiliations. The insurance company or regulatory authority may also require additional information for compliance and monitoring purposes.