The IRDA Micro Insurance Regulations 2005 allow three types of entities viz., Non-Governmental Organizations, Self Help Groups and Micro Finance Institutions to act as Micro Insurance Agent. Conventional insurance agents and brokers too are allowed to sell micro insurance. Micro-insurance Agency has been created keeping the special requirements of the segment in mind. Micro Insurance Agent shall not distribute any product other than a micro insurance product. A Micro Insurance Agent to work for only one life insurer and one general insurer. Micro Insurance Agent may employ specified persons with the prior approval of the insurer.