New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    According to the Insurance Act, 1938 the record of the

    Insurance Agent shall be_____________________.
    A Maintained as long as the insurance agent is in service Correct Answer Incorrect Answer
    B For a period of five years after the cessation of appointment Correct Answer Incorrect Answer
    C Both (a) and (b) Correct Answer Incorrect Answer
    D Either (a) or (b) Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: Section 43 Record of insurance agents - (2) The record prepared by the insurer under sub-section (1), shall be maintained as long as the insurance agent is in service and for a period of five years after the cessation of appointment.

    Practice Next