What is correct out of the following statements?

• A. n agent licensed to act as such for an insurer has to have a license under sec.42 of the Insurance Act’38 for procuring and continuing insurance business against payment of commission by the in
• B. n agent can only be a trained individual for working for an insurance company
• C. bank can also act as a broker for life insurance business
• D. bank cannot act as an agent of whatever description