This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements about insurance brokers is (are) true? I. They legally represent ... (Read 35 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
on: Jul 11, 2018
Which of the following statements about insurance brokers is (are) true? I. They legally represent the insured rather than the insurance company. II. They are prohibited from being licensed as agents.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Neil needs insurance that is unavailable in the state where he lives. To obtain insurance from a nonadmitted insurer, Neil should contact a
 
  A) surplus lines broker.
  B) nonadmitted agent.
  C) general agency broker.
  D) direct writer.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kkenney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: A


natalie2426

  • Member
  • Posts: 524
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Redlichida, such as this Paradoxides, may represent the ancestral trilobites. Redlichida, such as this Paradoxides, may represent the ancestral trilobites.
Although the Democrats and the Republicans represent slightly different slices of the center, those ... Although the Democrats and the Republicans represent slightly different slices of the center, those ...
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Results of Mendel’s crosses using pea plants. The numbers represent the F2 plants showing a given ... Results of Mendel’s crosses using pea plants. The numbers represent the F2 plants showing a given ...
Some obesity genes in the human genome. The green triangles represent single genes in which obesity Some obesity genes in the human genome. The green triangles represent single genes in which obesity
Video: Mechanics of Sound Animation

For a complete list of videos, visit our video library