Kathmandu. Agriculture, livestock and herbs insurance is covered under micro insurance. To become an agent for this insurance, you must have a license from the Insurance Authority of Nepal.
Issuing a directive on insurance agents, the Insurance Authority has determined certain qualifications for individuals and organizations to become an insurance agent. They can become an insurance agent only if they have the qualifications.
According to the directive, in order to get the license of this insurance agent, the person should have at least 1 year training in agriculture or animal or botany or higher qualification in agriculture or animal or botany.
In the case of an association, the organization should be an agriculture, livestock and herbal co-operative society or farmers’ group or an agriculture-related firm or company registered in accordance with the prevailing law or the purpose of the organization should be to act as an agriculture, livestock and herbs insurance agent or a person acting as a director, chief executive or any senior manager of the organization who has received at least 1 year training in agriculture or animal or botany or higher qualification in agriculture or animal or botany. It should be.
Other provisions related to the Agriculture, Livestock and Herbs Insurance Agent will be as per the Agriculture, Livestock and Herbs Insurance Directive.
