Match the descriptions with their terms:
-Coverage that is written by privately organized groups is called _________________, while coverage that is written by government bodies is known as public insurance.
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
Q41: Match the descriptions with their terms:
-An insurance
Q42: Match the descriptions with their terms:
-A method
Q43: Match the descriptions with their terms:
-A nonprofit
Q44: Match the descriptions with their terms:
-A mutual
Q45: Match the descriptions with their terms:
-An insurance
Q47: Match the descriptions with their terms:
-Coverage required
Q48: Match the descriptions with their terms:
-The two
Q49: Match the descriptions with their terms:
-Some mutuals
Q50: Match the descriptions with their terms:
-_ are
Q51: Match the descriptions with their terms:
-_ are
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