How do I know if the agent is authorized to sell life insurance policy?
A life insurance agent is a representative of a particular life insurance company and can provide advice on the products marketed solely by that life insurance company. An agent who sells life insurance products is registered with the IRDA and is required to pass a pre-contract examination, conducted by the Insurance Institute of India. Always insist on seeing agent’s authorization card issued by IRDA, before interacting with them.
