The channel of distribution used by an insurance company depends on whether it is a stock or a mutual.

Question

Quizplus · Accepted Answer

The channel of distribution for an insurance company typically depends on the product, target market, and strategic approach of the company, not on whether it is a stock or mutual insurance company. Both types of companies can use a variety of distribution channels such as agents, brokers, direct sales, and online platforms.

The Channel of Distribution Used by an Insurance Company Depends