(ii) Appointment of Micro Insurance Agents: The Regulations provide for the appointment of micro insurance agents, for distribution of micro insurance products. For this purpose, the term “micro-insurance agent would means- (i) a Non-Government
Organization (NGO); or (ii) a Self Help Group (SHG); or (iii) a Micro-Finance Institution
(MFI), who is appointed by an insurer to act as a micro-insurance agent for distribution of micro-insurance products. Micro-insurance agents shall notwork for more than one insurer, carrying out life general insurance business.
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