Question

What disqualifications are applicable to applicants for an Insurance Broker license?

a.

Disqualifications specified under Section 42 of the Insurance Act

b.

Disqualifications specified under Sub Section (5) of Section 42D of the Insurance Act

c.

Disqualifications specified under Section 42D of the Insurance Act

d.

No disqualifications are specified for Insurance Broker applicants

Answer: (b).Disqualifications specified under Sub Section (5) of Section 42D of the Insurance Act Explanation:Applicants for an Insurance Broker license shall not suffer from any of the disqualifications specified under Sub Section (5) of Section 42D of the Insurance Act.

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Q. What disqualifications are applicable to applicants for an Insurance Broker license?

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