How a CA can start Insurance Agent work?

CA Final Student

Hello Caclubindia Members,


Actually i want to know whether a Chartered Accountant can start a Insurance Agent work (from LIC) as in LIC norms (i think) a C.A is prohibted to be a Insurance Agent. Assuming he is a unmarried person, so he cant take Insurance Agency on his wife or children name and he only want to be a insurance agent of LIC (as it is reputed govt corporation)....


I had listened that he can do that by forming a Company... so can anyone enlighten me on this?


Whether he can or can't in any way (maybe from company or in any other way)? And please try to explain procedure (if possible)..


Thank You

will feel highly obliged



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