Insurance Rules, 2049
Chapter - 3
Rule 7: to apply for registration of insuranceRule 8: To register the name of the beneficiary and give the certificateRule 9: Arrangements for Certificate RenewalRule 10: Automatic recognition of certificatesRule 11: which can be re-registeredRule 11A: Lifting the ban on insurance businessRule 12: Bimak should get approval while investing in other areasRule 13: Prohibition on lending or investingRule 14: Details to be submittedRule 15: The amount to be deposited in the reserve fundRule 15A: Insurers who are doing life insurance and non-life insurance business should do insurance business as separate entitiesRule 16: Insurance management expensesRule 17: approval to expand insurance businessRule 18: Rate of charge
Chapter - 4
Rule 19: Subsection 30 of the Act requiring application for an insurance agent's licenseRule 20: Insurance agent's license to be grantedRule 21: Qualifications for Insurance AgentRule 22: Provisions regarding renewal of insurance agent's licenseRule 22A: must be the agent of only one campaignRule 22B: Code of Conduct for Insurance AgentsRule 22C: who can work as an insurance agent of the selected insurerRule 23: The amount of commission the insurance agent gets isRule 24: Get commission for the period of workRule 25: Beneficiary will get commission amount
Chapter - 5
Rule 26: Applying for a surveyor's license According to sub-section (1) of section 30A of theRule 27: required to issue a surveyor's licenseRule 28: Qualification for SurveyorRule 28A: Classification of SurveyorsRule 29: Provisions regarding renewal of surveyor's licenseRule 29A: LIMITS TO SURVEYRule 30: If a surveyor's license is revoked
Chapter - 7
Rule 34: Work, Duties and Powers of the Advisory CommitteeRule 35: Eligibility of ActuariesRule 36: Acceptance should be obtained according to the assessment of life insurance business submitted by BimankiRule 36A: Certificate to be given to the Insured who insures the motor vehicle accidentRule 36B: Legal Officer to be AppointedRule 36C: Transaction is not considered to have taken place until the insurance fee is paid.Rule 37: CopyingRule 38: Supervision and directionRule 39: Able to modify the scheduleRule 40: Repeal