The individual consumer must ultimately deal with several issues to make an efficient purchase in the insurance market. Which of the following generally should not be a major consideration?

Question

Quizplus · Accepted Answer

The commission the agent will receive from the sale generally should not be a major consideration for the individual consumer. The consumer's focus should be on the type of policy, the maximum amount of coverage, and the expertise of the agent in providing adequate protection for their specific needs. The commission the agent receives is a transactional cost that is factored into the overall cost of the policy, but it should not be the most significant factor in the decision-making process.

The Individual Consumer Must Ultimately Deal with Several Issues to Make