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Author Question: Scott works in property and liability insurance marketing. He legally represents insurance ... (Read 139 times)

nramada

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on: Jul 11, 2018
Scott works in property and liability insurance marketing. He legally represents insurance purchasers, rather than insurance companies. Scott is paid a commission on the insurance placed with insurers. Scott is a(n)
 
  A) exclusive agent.
  B) direct writer.
  C) branch manager.
  D) insurance broker.

Question 2

ABC Insurance has always used the exclusive agency system to market coverages. ABC, however, cannot afford full-time agents in sparsely-populated areas.
 
  To reach customers in these areas, ABC enters into agreements with local independent agents. Using more than one marketing system is called employing a
  A) direct response system.
  B) general agency system.
  C) multiple distribution system.
  D) branch office system.


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Christopher

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: C


nramada

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

Sarahjh

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Reply 3 on: Yesterday
Excellent

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