Beruflich Dokumente
Kultur Dokumente
REQUIREMENTS
1. Accomplished application form (duly notarized)
2. Copy of the power of attorney duly notarized and authenticated by the Philippine Consul (compliant with Sec. 315, Insurance Code)
3. Copy of the certificate of authority or license or registration certificate of the principal duly certified by the insurance supervisory authority or its
equivalent where said principal is authorized to do insurance business
4. Copy of the audited financial statements of principal for the last three (3) years
5. Income Tax Return or verified copy thereof of applicant
6. Copy of the current Errors and Omissions Policy of the foreign principal insurance broker
7. Documentary stamp (P15.00)
FEES: P 10,000.00
OFFICE ACTIVITY
DURATION
PERSON-IN-CHARGE
Submission
Applicant submits application and
requirements to frontline officer of the Licensing
Division.
2 minutes
Test Technician II
10 minutes
Evaluation of application
3 hours
30 minutes
Action officer
Chief, Licensing Division
1 hour
Deputy Commissioner
Approval
Payment
In case of approval of application, secure
payment request form and proceed to the
Cashier Section for payment. Present payment
request form and application to the cashier. A
receipt is issued. The transmittal letter and
application with notes from cashier should be
returned to Licensing Division.
Insurance Commissioner
3 minutes
Test Technician II
Cashier
10 minutes
Administrative Assistant II
Chief, Licensing Division
Deputy Commissioner
Insurance Commissioner