Q579
State the incorrect statement.
A.
Code of conduct is optional for a successful agent
B.
Ethical standards may sometimes conflict with drive to do good volume of business
C.
Persistency of policies is beyond the control of agents as well as the insurer
D.
All of the above
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
All the statements are incorrect. Code of conduct is compulsory for a successful agent, Ethical standards does not conflict with drive to do good volume of business and Persistency of policies is under the control of agents as well as the insurer.