Vidyalelo
Commerce · Q592

Insurance

Graduate and Post Graduate · Commerce · question 592

Q592

Identify the correct statement.

A.
It is not always possible or even necessary for ethics in selling life insurance
B.
Ethical behaviour will quite often conflict with business dealings
C.
Ethical behaviour on the part of an agent will help in developing trust and confidence between an agent and his client
Answer
D.
Ethics should matter to top management and not agents

Answer: Option C

Solution

Answer: Option C
Solution:
Ethical behaviour on the part of an agent will help in developing trust and confidence between an agent and his client. Demonstrating ethical sales practices is good business - it helps earn the trust and loyalty of your customers and strengthens your reputation.