Author Question: A property and casualty insurer in which the salesperson is an employee of the insurer, not an ... (Read 43 times)

folubunmi · **on:** Jul 11, 2018

A property and casualty insurer in which the salesperson is an employee of the insurer, not an independent contractor, is called a

A) fraternal insurance company.
B) risk retention group.
C) direct writer.
D) captive insurance company.

Question 2

Which of the following statements about personal producing general agents is (are) true?

I. They often have the option of recruiting and training sub-agents.
II. They are independent agents who produce substantial amounts of life insurance with one insurer.
A) I only
B) II only
C) both I and II
D) neither I nor II