Which of the following statements is correct

A. Ethical behavior is impossible while selling insurance

B. Ethical behavior is not necessary for insurance agents

C. Ethical behavior helps in developing trust between the agent and the insurer

D. Ethical behavior is expected from the top management only

Answer: Option C

Solution(By Examveda Team)

Ethical behavior helps in developing trust between the agent and the insurer. In the trusting relationship, the prospect allocates trust insofar as they found the conduct of the agent as credible and reliable.