Question

According to the Regulations, what is the definition of an "Insurance Agent"?

a.

A legal advisor appointed by an insurer

b.

An individual hired to assess insurance policies

c.

An individual appointed by an insurer to solicit or procure insurance business

d.

A government official overseeing insurance companies

Answer: (c).An individual appointed by an insurer to solicit or procure insurance business Explanation:The Regulations define an "Insurance Agent" as an individual appointed by an insurer for the purpose of soliciting or procuring insurance business.

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Q. According to the Regulations, what is the definition of an "Insurance Agent"?

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