Tanzania - Obtain Licence as Insurance Agent

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Procedure

Apply In-Person:

1. Application form for obtaining license as Insurance Agent in Tanzania is available in Tanzania Insurance Regulatory Agency contact link.
2. Applicant should provide all information in the application form.
3. Applicant must make sure to carry photocopies and originals of all documents that are necessary for the procedure to complete.
4. Documents that are necessary for completing this procedure is mentioned under “Required Documents” section of this page.
5. Applicant should attach photocopies of documents (whichever is necessary) along with the application form.
6. The fee for this procedure is TZS 25,000/-.
7. If all above-mentioned procedures were followed properly by the applicant, the license will be provided within1 week.
8. Applicant will be notified via SMS regarding the license availability.
9. If there is no information provided regarding the license, the applicant can visit the office to know status of their application.

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Required Documents

• Memorandum and Articles of Association/Extract from Registrar.
• Certificate of Incorporation of the Company
• Proof/Evidence of Minimum Paid up Share Capital TZS 1,890,000/-
• Professional Indemnity policy
• CV of the Principal Officer
• Professional Certificates
• Sworn Declaration of good character and solvency
• His/her Employment contract
• Two passport size photographs
• Passport
• Birth Certificate
• Sworn Declaration of good character and solvency
• Particulars of Senior Management Staff
• Valid Trading or Business License
• Particulars of Shareholding pattern
• Particulars of bankers
• Agreement letter with the insurer.

Office Locations & Contacts

Tanzania Insurance Regulatory Authority
Location: Dar es Salaam
Address:
Tanzania Insurance Regulatory Authority (TIRA),
Africa St,
Dar es Salaam,
Tanzania
Contact: (+255) 222 132 537
Contact link.
Location link

Eligibility

• Any individual in Tanzania who is willing to work as an Insurance Agent is eligible.

Fees

• The fee for this procedure is TZS 25,000/-.

Validity

• This license is valid for 1 year.

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

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Processing Time

• The processing time for this procedure is within 1 week.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicant should make sure to follow all instructions provided by concerned authorities.
• Applicant must provide genuine information while applying for this procedure.

Required Information

• Name
• Age
• Gender
• Date of Birth
• Address
• Educational Qualification
• Signature

Need for the Document

• This document is necessary for working as an Insurance Agent in Tanzania.

Information which might help

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Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

• Tanzania Insurance Regulatory Authority link

Others

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