The Law of Agency Is Significant to Insurance in Large

The law of agency is significant to insurance in large part because:

A) the only direct interaction most buyers of insurance have with the insurance company is through an agent or a broker.
B) it allows the insurance companies to interact directly with the buyers without the help of agents or brokers.
C) it gives the insurance company the clarity it requires while passing it's authority as principle to the agent.
D) it makes investigation of claims easier.
E) it provides clarity on the types of risks and makes risk classification easier.