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

D. No applicant is exempt from mandatory training before appointment as agent

Answer: Option C

Solution(By Examveda Team)

A minor cannot be appointed as an agent of a life insurance company.