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This question belongs to Commerce Insurance

Insurance

?

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 & Solution

Correct Answer: Option C

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

Question posted by Examveda

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