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An Insurance Web Aggregator is an aggregator of Insurance policies. To operate, it has to obtain a Certificate of Registration from the Insurance Regulatory Development Authority of India, commonly known as the Insurance Web Aggregator Licenses.Insurance Web Aggregator is the solution to buying the right insurance policies. It aggregates insurance policies in one place where prospects can vary by insurance policies as per their needs.
(1) Easy Comparision of many policies sitting from one end
(2) Contact with every service provider without any personal meet
(3) Save time for travelling and other inconveniences o gathering information for insurance policies and products
(4) Every insurance provider such as NBFS, competes in fair market
(1) Furnish application with IRDAI
(2) Prescribed Documents and fees.
(3) Meet the eligibility criteria.
(4) Rejection of license application
(5) Furnish additional information
(6) Issuance of License
(1) Certificate of incorporation.
(2) MOA and AOA.
(3) LLP agreement if your business entity is an LLP.
(4) PAN card of the company.
(5) Director profiles of the company or the Partner profiles of the LLP.
(6) Website hosting details.
(7) Details of the website content manager.
(8) Net worth certificate of the company.
(9) Latest financial statements if the applicant is a new company.
(10) Details of the company’s/LLP’s IT infrastructure.
(11) Receipt of the IRDA license fees .
(1) What is Insurance Web Aggregator License?
(2) Why is the IRDA certificate holder, the Web Aggregator in Insurance, necessary?
(3) How can one get an Insurance Web Aggregator license?
(4) Who cannot become an Insurance Web aggregator?
(5) What are the functions of an Insurance Web Aggregator?
(6) What is the validity of an Insurance Web aggregator license in India?
