As you are all aware that Rural Authorized Person ( RAP) Insurance service allows a VLE to sell Insurance Products through Digital Seva Portal once they pass IRDAI examination. It is the only channel that allows licensed VLE to sell both Life Insurance and General Insurance products.
It is mandatory for all VLEs to become a RAP. ALL VLEs should register themselves for RAP service and to appear for RAP exam using the
updated link for registration http://18.104.22.168/insurance/ .
Benefits of RAP License
Ø With one license RAP can sell –
Motor Insurance- Third party & Package policies
Personal Accidental Insurance
Fire and Allied Perils
Farmer Package Policy
Ø Instant Commission – VLEs get instant commission for the policy sold along with commission for printing policy document.
Ø Over the counter policy Issuance – policy is issued on the spot
Ø Access to multiple companies under one portaL/