An insurance agent certificate issued before 2023 shall be used before 2025

On November 16, 2022, the Minister of Finance issues Circular No. 69/2022/TT-BTC detailing regulations on insurance certificates, insurance agent certificates, insurance broker’s certificates, and insurance auxiliary operations certificates.

Accordingly, an insurance agent certificate that is issued before January 1, 2023, must be converted into an insurance agent certificate specified in this Circular before December 31, 2025.

The insurance agent certificate which is issued before January 01, 2023, shall in invalid from January 01, 2025, before the conversion of the new certificate.

An insurance agent certificate issued before 2023
An insurance agent certificate issued before 2023 shall be used before 2025 (Illustration)

Insurance agent certificates shall be converted into e-data and stored on the Certificate Examination Management System.

A dossier of requests for conversion of the insurance agent certificates specified includes:

- A written request for the conversion of certificates

- Authenticated copies of the insurance agent certificates issued before January 1, 2023, of the insurance agents;

- Authenticated copies of the insurance agents’ citizen ID card/ID card/Passport.

The dossier for conversion of the insurance agent certificate shall be submitted to the Insurance Supervisory Authority and shall be carried out through the Certificate Examination Management System.

Implementation duration: within 60 days from the date of receiving a complete and valid dossier.

This Circular takes effect on January 01, 2023.

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