Match the descriptions with their terms:
-Insurance contracts directed mainly at risks of the individual are termed _________________.
A) American Agency System
B) assessable policy
C) attorney-in-fact
D) direct response
E) direct writer
F) exclusive agent
G) factory mutual
H) farm mutual
I) fraternal carrier
J) general agent
K) general insurance
L) general writing mutual
M) Guaranty funds
N) interinsurance exchange
O) involuntary coverage
P) life and health insurance
Q) Lloyd's Association
R) Lloyd's of London
S) mass merchandising
T) mutual company
U) participating and deviating
V) personal coverages
W) private insurance
X) stock company
Y) surplus line market
Z) Syndicates
Correct Answer:
Verified
Q21: Lloyd's of London specializes in the surplus
Q22: A federal program insures the solvency of
Q23: In spite of extensive promotion, only about
Q24: The largest line of coverage now sold
Q25: Projected growth rates for insurance demand in
Q27: Match the descriptions with their terms:
-Insurance contracts
Q28: Match the descriptions with their terms:
-A type
Q29: Match the descriptions with their terms:
-An insurer
Q30: Match the descriptions with their terms:
-A/an _
Q31: Match the descriptions with their terms:
-A/An _
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