Section 10(6) in The Insurance Regulatory And Development Authority (Licensing Of Corporate Agents) Regulations, 2002
(6)The specified person on his ceasing to be an employee of the corporate agent shall surrender his certificate to the designated person. If he desires to become an individual insurance agent then he shall follow the procedure as laid down in Insurance Regulatory and Development Authority's (Licensing of Insurance Agents) Regulations, 2000. Such a person need not go through a further process of training and pass at the examination within the period of license granted to them.
