Identify the correct option out of the following.

A. Licence for agency is issued by the Insurance company

B. Licence for a non-life insurance agency is issued by SEBI

C. Life Insurance agency licence is issued by Life Insurance Council

D. Agency licence in all cases is issued by the IRDA through the Designated Parson of the Insurer

Answer: Option D

Solution(By Examveda Team)

Agency licence in all cases is issued by the IRDA through the Designated Parson of the Insurer.