Question

How many insurers can a micro-insurance agent work for in life insurance and general insurance business, respectively?

a.

One insurer in life insurance and one insurer in general insurance

b.

Two insurers in life insurance and two insurers in general insurance

c.

Only one insurer in either life insurance or general insurance

d.

No restrictions on the number of insurers

Posted under IC 14 Regulations of Insurance Business

Answer: (c).Only one insurer in either life insurance or general insurance Explanation:A micro-insurance agent shall not work for more than one insurer carrying on life insurance business and one insurer carrying on general insurance business.

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Q. How many insurers can a micro-insurance agent work for in life insurance and general insurance business, respectively?
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