📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    The record prepared by the insurer under section 43 with

    respect to the Insurance Agent ______________The Insurance Act
    A Shall be maintained as long as the insurance agent is in service Correct Answer Incorrect Answer
    B Shall be maintained for a period of five years after the cessation of appointment Correct Answer Incorrect Answer
    C Shall be maintained for a period of eight years after the cessation of appointment Correct Answer Incorrect Answer
    D Both (a) and (b) Correct Answer Incorrect Answer
    E Either (a) or (c) Correct Answer Incorrect Answer

    Solution

    Explanation: Section 43 Register 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
    More Administrative Interpretation and Maxims Questions
    ask-question