How are insurance agent certificate conversion procedures carried out? The latest template for the request to convert the insurance agent certificate?
How is the procedure for converting an insurance agent certificate carried out?
The administrative procedure for converting an insurance agent certificate is carried out in accordance with the sequence in Section 1, Part II of the Administrative Procedures issued together with Decision 2800/QD-BTC of 2022 as follows:
- Before June 30, 2025, insurers shall submit to the Ministry of Finance (Insurance Management and Supervision Department) - via the Certificate Examination Management System - the dossier requesting the conversion of the insurance agent certificate issued before January 1, 2023 to the insurance agent certificate stipulated in Circular 69/2022/TT-BTC for the insurance agents currently operating at the insurer;
- Within 15 days from the date of receipt of the dossier, the Ministry of Finance (Insurance Management and Supervision Department) shall review and examine the dossier. In case the dossier is incomplete and invalid, the Ministry of Finance (Insurance Management and Supervision Department) shall issue an official dispatch requesting the insurer to supplement and complete the dossier.
- Within 60 days from the date of receipt of a complete and valid dossier, the Ministry of Finance (Insurance Management and Supervision Department) shall review, cross-check the information in the dossier and the data concerning the insurance agent certificate, and implement the conversion of the insurance agent certificate issued before January 1, 2023 to the insurance agent certificate stipulated in Circular 69/2022/TT-BTC.
- The Ministry of Finance shall issue a Decision on the conversion of the insurance agent certificate and notify the insurers via the Certificate Examination Management System.
Accordingly, currently, the procedure for submitting the dossier for converting the insurance agent certificate is implemented online through the internet.
- The dossier components to be sent include:
+ A written request for the conversion of the insurance agent certificate of the insurer
+ A certified copy of the insurance agent certificate issued before January 1, 2023.
+ A certified copy of the Citizen Identity Card/Identity Card or Passport of the insurance agent (in cases where the information system for handling administrative procedures of the Ministry of Finance has not yet completed the connection, sharing and authentication of citizen information with the national database on population).
How is the procedure for converting an insurance agent certificate carried out? Latest written request template for converting an insurance agent certificate?
How long is the processing time for converting an insurance agent certificate?
In Procedure 1, Section 1, Part II of the Administrative Procedures issued together with Decision 2800/QD-BTC of 2022, the agency responsible and the timeframe for processing the conversion of the insurance agent certificate are specified as follows:
- Processing timeframe: 60 days from the date the Ministry of Finance (Insurance Management and Supervision Department) receives the complete and valid dossier requesting the conversion of the insurance agent certificate from the insurer.
- Subjects performing the administrative procedures: individuals with insurance agent certificates issued before January 1, 2023, insurers.
- The agency responsible for performing the administrative procedures: Ministry of Finance (Insurance Management and Supervision Department).
Accordingly, the Ministry of Finance (Insurance Management and Supervision Department) will handle the conversion of the insurance agent certificate within 60 days from the date of receipt of a complete and valid dossier.
Thereafter, the result of the administrative procedure will be carried out as follows:
+ The Ministry of Finance (Insurance Management and Supervision Department) shall issue a Decision on the conversion of the insurance agent certificate,
+ The Ministry of Finance (Insurance Management and Supervision Department) shall convert the insurance agent certificate issued before January 1, 2023 to the insurance agent certificate stipulated in Circular 69/2022/TT-BTC (in electronic data form), notify the insurers, and store the certificate data on the Certificate Examination Management System.
What is the prescribed template for the written request for converting an insurance agent certificate?
The template for the written request for converting an insurance agent certificate is specified in Appendix 10 issued together with Circular 69/2022/TT-BTC as follows:
Download the written request template for converting an insurance agent certificate here.
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