Which of the following statements about life insurance marketing systems is true?
A)Insurance brokers are not permitted to sell life insurance.
B)Some exclusive agents who market property and liability insurance also sell life insurance.
C)Independent insurance agents are not permitted to market life insurance.
D)Financial institutions such as banks are not permitted to market life insurance.

Question

Quizplus · Accepted Answer

Some exclusive agents who specialize in property and liability insurance are also licensed to sell life insurance. This allows them to offer a full range of insurance products to their clients. The other choices are incorrect as insurance brokers can sell life insurance, independent insurance agents can market life insurance, and financial institutions like banks can also offer life insurance products.

Which of the Following Statements About Life Insurance Marketing Systems