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Query please help

Abdul Khader (STUDENT) (192 Points)

10 March 2014

Hi, can a CA who is in full time practice engage himself as a LIC Agent

Thanks in Advance

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Deepak Gupta (CA Student) (15922 Points)
Replied 10 March 2014

Originally posted by : Abdul Khader
	Hi, can a CA who is in full time practice engage himself as a LIC Agent Thanks in Advance

Q. Whether a member can act as insurance agent and arrange business for the Insurance Companies?
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A. No, a member in practice is permitted to render Insurance Financial Advisory Services only. It is not permissible to a member to do any kind of marketing and business procurement for any insurance company. Their services are limited to professional services in the form of advisory and consultancy services.
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Published in October, 2009 issue of the CA Journal (Click Here).