Match the descriptions with their terms:
-A nonprofit society using a lodge system to sell life and health insurance to members is a/an _________________.
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
Q38: Match the descriptions with their terms:
-An insurer
Q39: Match the descriptions with their terms:
-A mutual
Q40: Match the descriptions with their terms:
-A mutual
Q41: Match the descriptions with their terms:
-An insurance
Q42: Match the descriptions with their terms:
-A method
Q44: Match the descriptions with their terms:
-A mutual
Q45: Match the descriptions with their terms:
-An insurance
Q46: Match the descriptions with their terms:
-Coverage that
Q47: Match the descriptions with their terms:
-Coverage required
Q48: Match the descriptions with their terms:
-The two
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents