Insurance Regulatory and Development Authority (Irda) has issued new guidelines allowing insurers to use licensed Common Service Centres (CSCs) as distribution networks in rural areas. Insurance companies can market certain categories of retail policies through a special-purpose vehicle with the help of a Rural Authorised Person (RAP), who, in turn, will act as an insurance agent.
The RAPs will have to undergo 20 hours of mandatory training and register on the Learning Management System website. The online examination of RAPs will be conducted by the National Institute of Electronics and Information Technology, which is an autonomous scientific society of the government’s Department of Electronics and Information Technology.
The CSC model is an initiative of the National e-Governance Plan and will operate in rural areas without access to internet. The plan provides services like e-governance, education and utility payments and works on the public-private partnership model.