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Commerce · Q199

Insurance

Graduate and Post Graduate · Commerce · question 199

Q199

Which of the following statements is incorrect?

A.
An agent today cannot work for more than one non-life insurance company
B.
An agent can work only for one life insurance company and also for only one non-life company
C.
An agent today can work for more than one life insurance company
Answer
D.
Such an agent who works for one life and one non-life insurance company is called composite agent

Answer: Option C

Solution

Answer: Option C
Solution:
An agent today is not allowed to work for more than one life insurance company.