X hits on this document

PDF document

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY - page 144 / 228

454 views

0 shares

5 downloads

0 comments

144 / 228

Statements 07-08 (Final) 74 ....

128

5

Corporate Agents

Rs. 250 for corporate insurance executive Rs. 500 for specified person

Rs. 250

3 years

B C

Corporate Category A

Rs. 25,000 Rs. 20,000 Rs. 15,000

Rs. 200 for every category

5 years

4

Surveyors and Loss Assessors Individual Category

A B C

Rs.10,000 Rs. 7,500 Rs. 5,000

Rs. 200 for every category

5 years

Composite Broker

Application Fee: Rs.40,000 Renewal Fee: Rs. 1,000

A sum calculated at the rate of 0.50 per cent of remuneration earned in the preceding financial year subject to minimum of Rs. 1,25,000 and maximum of Rs. 5,00,000

3 years

Reinsurance Broker

Application Fee: Rs. 25,000 Renewal Fee: Rs. 1,000

A sum calculated at the rate of 0.50 per cent of remuneration earned in the preceding financial year subject to minimum of Rs. 75,000 and maximum of Rs. 3,00,000

3 years

3

Brokers Direct Broker

Application Fee: Rs. 20,000 Renewal Fee: Rs. 1,000

A sum calculated at the rate of 0.50 per cent of remuneration earned in the preceding financial year subject to minimum of Rs. 25,000 and maximum of Rs. 1,00,000

3 year

2

Third Party Administrators

Rs. 20,000

Rs. 30,000

Rs. 30,000

3 years

minimum of Rs. 50,000 and maximum of Rs. 5 crore

life/ Reinsurance

1

Insurers (Life/Non

Sl. No. Processing Fee

Registration Fee

Renewal Fee Rs. 50,000

Gross Direct Premium written in India subject to

Periodicity of Renewal 1/10th of 1 per cent of

Every year (by 31st December)

FEE STRUCTURE FOR INSURERS AND VARIOUS INTERMEDIARIES

STATE0MENT 36

ANNUAL REPORT 2007-08

Document info
Document views454
Page views466
Page last viewedSat Dec 03 03:09:51 UTC 2016
Pages228
Paragraphs23234
Words80831

Comments