Authorized verifier obligations require needs-based remote insurance solicitation, truthful product explanations, training, traceable sales, and controlled employer transfers. Authorized Verifiers must be resident in India and engage only in tele-marketing or distance-marketing insurance solicitation. They must handle inbound ... Summary
Authorized Verifiers must be resident in India and engage only in tele-marketing or distance-marketing insurance solicitation. They must handle inbound customer queries, sell products after need analysis, explain comparable products, avoid unsolicited outbound calls and misleading inducements, and meet prescribed training and examination requirements. Each policy sale must be tagged to the verifier for sales and complaint tracking. Transfers between an Insurance Web Aggregator and tele-marketer require a no-objection certificate or completion of the prescribed waiting period.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.