Insurance intermediary certificate renewal requires timely application, prescribed training and restricts fresh business while renewal remains pending.

Renewal of an IIIO certificate requires submission of the prescribed application and renewal fee at least 90 days before expiry. Applications submitted less than 30 days before expiry but before registration expires attract an additional penalty fee. Renewal may be considered up to 60 days after registration ceases, subject to payment of the additional fee and condonation of delay on satisfactory reasons. An IIIO with an expired certificate pending renewal cannot undertake fresh insurance business and may only service existing policyholders until renewal.

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