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This question belongs to Commerce Insurance

Insurance

?

State which is incorrect statement

A) Life Insurance agents desirous of doing stand alone Health insurance business will have to be certified under IC-34 separately B) Such life agents as above are exempt from passing IC-34 if they have been certified under IC-33 and if they undergo some internal training for 25 hours given by Health Insurance Company C) Agents certified under IC 34 for non life insurer can do standalone Health insurance business after undergoing internal training for 25 hrs from the standalone health insurance company D) No agent, individual or corporate of life and or non-life insurer shall offer his services to more than one standalone health insurance Company

Answer & Solution

Correct Answer: Option A

Term insurance can be bought as a stand -alone policy as well as a rider with another policy.

Question posted by Examveda

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