« previous next »

Author Question: Which of the following statements about the exclusive agency system for marketing property and ... (Read 87 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jul 11, 2018
Which of the following statements about the exclusive agency system for marketing property and liability insurance is true?
 
  A) Exclusive agents typically have complete ownership of policy expirations.
  B) A higher commission rate is usually paid on exclusive agents' renewal business than on new business.
  C) Exclusive agents represent several different insurance companies.
  D) New exclusive agents may start as employees and after a training period become independent contractors.

Question 2

Advantages of the direct response system for marketing life insurance include which of the following?
 
  I. Advertising can be specifically directed to selected markets.
  II. Complex products can be easily sold.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


31809pancho

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Sagittal section of upper respiratory system illustrating the internal anatomy of the nasal cavity, Sagittal section of upper respiratory system illustrating the internal anatomy of the nasal cavity,
Motion of the barycenter of the Solar System relative to the Sun Motion of the barycenter of the Solar System relative to the Sun
The Nervous System The Nervous System
The Olfactory System The Olfactory System
Procedures for Diagnostic Tests Related to the Musculoskeletal system Procedures for Diagnostic Tests Related to the Musculoskeletal system
Effects of Spinal Cord and Autonomic System Damage Effects of Spinal Cord and Autonomic System Damage
Video: Bond in biological molecules (Ionic, Covalent and Hydrogen bonds)/ How atoms bond?

For a complete list of videos, visit our video library