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Doctors Medicines MCQs Q&A

  1. Indicate the scale of commission if asked by the customer
  2. Share the commission by way of rebate
  3. Disclose his licence on demand
  4. Indicate the premium to be charged
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1 Answers

Answer: Option 2

Insurance agent should not share the commission by way of rebate. This practice is illegal and totally against the laws of Insurance Act and SEBI. The agent can even face cancellation of his license if he is found to share his commission.

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