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

Author Question: Jim would like to start a business raising thoroughbred racehorses. Obtaining insurance on the ... (Read 37 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jul 11, 2018
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: B


storky111

  • Member
  • Posts: 561
Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
To check for voltage at terminal 30, use a test light or a voltmeter. Start by connecting the ... To check for voltage at terminal 30, use a test light or a voltmeter. Start by connecting the ...
Sample of a business card design. Sample of a business card design.
Oatmeal and other whole grain cereals are good sources of carbohydrates to start your morning off Oatmeal and other whole grain cereals are good sources of carbohydrates to start your morning off
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Business Math Business Math
Video: Heart sounds

For a complete list of videos, visit our video library