Regulations on the supervision of insurance brokerage institutions
Chapter II Section 1 Article 19 The license of an insurance brokerage company shall be valid for three years, and the insurance brokerage company shall apply to the China Insurance Regulatory Commission for renewal 30 days before the expiration of the license.
Where an insurance brokerage company applies for extending the validity period of the license, the China CIRC shall conduct a comprehensive review and comprehensive evaluation of the operation of the insurance brokerage company three years before the expiration of the validity period of the license, and make a decision on whether to agree to extend the validity period of the license. If it decides not to postpone the extension, it shall explain the reasons in writing.
The insurance brokerage company shall return the original certificate to the China Insurance Regulatory Commission within 10 days from the date of receiving the decision; If the validity period is extended, a new license shall be obtained.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.