Property and casualty insurance can be marketed under different marketing systems. Compare the independent agency system with
Question:
a. Number of insurers represented by the agent
b. Ownership of policy expirations
c. Differences in the payment of commissions
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a The independent agent represents several insurers The exclusive agent represents only one insurer ...View the full answer
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Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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