Identify the correct statement about financial planners.
A) They have no incentive to recommend a high-commission product.
B) They legally represent the insurance company.
C) They represent the insureds.
D) They are also known as producers.
E) They are federal government agents who recommend insurance products to clients.
Correct Answer:
Verified
Q34: Identify the characteristic feature of a broker
Q35: This analysis is a highly specialized mathematic
Q36: The insured goes with the independent agent
Q37: Direct writer market insurance through:
A)independent agents.
B)general agents.
C)subagents.
D)special
Q38: They are composed of sophisticated statistical and
Q40: Which of the following statements is true
Q41: During the credit crisis of 2008, subprime
Q42: The company taking over the risk in
Q43: Glen works in the insurance industry.His new
Q44: Identify the incorrect statement about reinsurance.
A)It increases
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