Author Question: Scott works in property and liability insurance marketing. He legally represents insurance ... (Read 211 times)

nramada · **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.