Jim would like to start a business raising thoroughbred racehorses. Obtaining insurance on the horses is a key concern, and he was dismayed to learn that none of the insurers authorized to operate in his state offer this specialty insurance.
What is the name of the intermediary that Jim can use to place this coverage with an insurer not admitted to his state?
A) alien insurer
B) general agent
C) surplus lines broker
D) direct writer
Question 2
Brian buys and sells investment securities for his clients. Brian also decided to become a licensed life insurance agent to better serve his customers.
While Brian's primary focus is buying and selling financial securities for his clients in exchange for commissions, he also earns commissions on his life insurance sales. Brian is a(n)
A) direct writer.
B) stock broker.
C) insurance broker.
D) personal-producing general agent.
Straight Leg Raising Test
How many pounds of yeast must the manufacturer start with to obtain 550 lb at the end of 12 h?
Business Math, 10th Edition
International Business Management
Business Math
Translation From Start to Finish