Q661
Identify the incorrect statement out of the following ones.
A.
There is a bar on appointment of a minor as agent of an insurance company
B.
A person found guilty of fraud or any criminal offence is ineligible for appointment as agent of an insurer
C.
A minor can be appointed agent of a life insurance company
AnswerD.
No applicant is exempt from mandatory training before appointment as agent
Answer: Option C
Solution
Answer: Option C
Solution:
A minor cannot be appointed as an agent of a life insurance company.