State which is correct.

A. There is no difference between an individual agent and a corporate agent as both of them represent an insurance company

B. An agent can work for a life insurer as also a non-life insurer, either individually or together

C. A composite agent means an agent working for one life and one non-life insurer

D. All of the above

Answer: Option D

Solution(By Examveda Team)

All the above are correct.
There is no difference between an individual agent and a corporate agent as both of them represent an insurance company, An agent can work for a life insurer as also a non-life insurer, either individually or together and A composite agent means an agent working for one life and one non-life insurer.