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    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.

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