Life Insurance Agents and Accident & Sickness Insurance Agents Licensing Rules Effective June 1, 2009, changes to the Life Insurance Agents and Accident & Sickness Insurance Agents Licensing Rules were approved. The Rules now include the necessary modifications to allow the implementation of the Life Insurance Replacement Declaration (LIRD), reduce the supervision period for newly licensed agents to one year, and clarify the restrictions and obligations of agents licensed for less than one year and those of their supervising agents. If you have any questions with respect to these changes, please direct to the Insurance Council of Manitoba at contactus@icm.mb.ca