Section 39, Insurance Act, 1938 [S18-7S3]
As at 7 September 2026. In force from 4 July 1938.
39. Registration of insurances agent.—(1) Every insurance agent shall, within ninety days from the commencement of this Act or, where such person begins the soliciting of insurance business after such commencement, within ninety days from the date of such beginning, make an application for registration to the Authority in Form IRDA-1, accompanied by a fee of one thousand rupees. (2) The Authority shall, on being satisfied that the application is in order, register the applicant and issue a certificate of registration in such form as may be prescribed. (3) No insurance agent shall carry on the soliciting of insurance business unless registered under this section.
Defined terms in this text (1)
Authority: Section 2, Insurance Act, 1938 [S186MX] (In this Act, unless the context otherwise requires,—): "Authority" means the Insurance Regulatory and Development Authority of India established under section 3 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)
Authority: 22 more definitions.
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