Question

Can an individual be granted an Insurance Broker license according to IRDA regulations?

a.

No, only companies and cooperative societies are eligible

b.

Yes, if the individual meets specific criteria and is recognized by the Authority

c.

Yes, but only if the individual is a certified insurance agent

d.

No, only partnership firms are eligible

Answer: (b).Yes, if the individual meets specific criteria and is recognized by the Authority Explanation:An individual can be granted an Insurance Broker license if they meet specific criteria and are recognized by the Authority.

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Q. Can an individual be granted an Insurance Broker license according to IRDA regulations?

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