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Can ca be a life insurance agent

Yashvakharia (Student CA Final ) (50 Points)

29 May 2014

MY friend doing articleship & he is life insurance agent of one of the private insurance company.can it is valid after CA??????

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Manoj Panekkattil (CA Job) (50 Points)
Replied 29 May 2014

I believe that a Practicing Chartered Accountant cannot act as an insurance agent. This can be a conflict of interest and may force him to do compromises in his professional assignments to get more business as an insurance agent. Therefore strictly speaking a CA cannot function as an Insurance Agent as well.

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Yashvakharia (Student CA Final ) (50 Points)
Replied 29 May 2014

but before becoming CA if, he became insurance agent, can he continue after CA..... or surrender his agencyship or any other option..........rly plz.....