Question

What is the consequence of an insurance agent's appointment being canceled?

a.

The agent can reapply for appointment after a short period

b.

The agent can continue to act as an insurance agent

c.

The agent shall cease to act as an insurance agent

d.

The agent can appeal the decision to cancel the appointment

Answer: (c).The agent shall cease to act as an insurance agent Explanation:If an insurance agent's appointment is canceled, they shall cease to act as an insurance agent from the date of the order.

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Q. What is the consequence of an insurance agent's appointment being canceled?

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