• CBTT - Provisional License Application Guide

    Test your knowledge of the CBTT License Application Guidelines by answering the following questions.
  • Date*
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  • APPLICATION FOR PROVISIONAL LICENSE - CBTT

    The Central Bank of Trinidad and Tobago (CBTT) would soon be meeting with all insurance companies to provide further information/clarification, but in the interim, please note the following major changes in the new Insurance Act:

    The following documents must be submitted alongside the Application Form:

    • Official Receipt showing payment of the $1,000.00  application/renewal fee;
    • Personal Questionnaire and Declaration Form
    • Certificates of Character issued by the Trinidad and Tobago Police Service must be Originals or Certified Copies;
    • Valid Photo Identification (DP, PP or National ID) provided must be in COLOUR and certified;
    • Up to Date Curriculum Vitaes MUST be SIGNED and DATED on each Page

     

    Once all requirements received, BMA sends to Sales Admin to complete the following:

    • Corporate Secretary to Sign Off
    • Attached employment Contract with package
    • Submit to CBTT for processing

    CBTT processing time will be 4 - 6 weeks TAT.

  • 1. According to the CBTT License Application Guidelines, what is the first step in the application process?*
  • 2. What document must be submitted along with the CBTT License Application?*
  • 3. What is the minimum age required to apply for a CBTT License?*
  • 4. How should applicants submit their completed CBTT License Application forms?*
  • 5. Who is eligible to apply for a CBTT License?*
  • 6. What happens if an application is incomplete?*
  • 7. How long does it typically take to process a CBTT License Application?*
  • 8. What fee must be paid when submitting a CBTT License Application?*
  • 9. What should applicants do if they have questions about the application process?*
  • 10. According to the guidelines, what is the best way to ensure a successful CBTT License Application?*
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