Q140
An insurance agent is typically a representative of
A.
Customer
B.
Insurance company
AnswerC.
Government
D.
IRDA
Answer: Option B
Solution
Answer: Option B
Solution:
An insurance agent is a representative of insurance company. Such agents are required to be licensed in the states in which they do business as well as with the specific companies they represent. In contrast to an insurance agent, an insurance broker represents a client.