Vidyalelo
Commerce · Q388

Insurance

Graduate and Post Graduate · Commerce · question 388

Q388

Insurance Agent is governed by _________

A.
Contract act
B.
Insurance Act
Answer
C.
IRDA
D.
All of the above

Answer: Option B

Solution

Answer: Option B
Solution:
Insurance Agent is governed by Insurance Act. Insurance agents act as the final connecting link between the insurance company and the individual investor as arepresentative of theinsurer.