Question: need help with all 3 from 7 toam eastern tim One of the additional tasks within the underwriting dression that an insure that grants binding

need help with all 3
from 7 toam eastern tim One of the additional tasks within the underwriting dression that an insure that grants binding authority to others must perform is to Select one O A. Implement the underwriting decision to accept, reject, or accept with modifications. B. Select the classes of business to be included in the binding authority, C. Monitor the underwriting decision trenewal. D. Make the underwriting decision based on hazards. Which one of the following statements is true regarding surplus lines insurance policies? Select one A Surplus lines insurers often use standard forms and endorsements OB. Surplus lines insurers rarely differentiate their products from those used by admitted insurers O.C. Surplus line insures typically draft policies from scratch D. Surplus lines brokers are not involved in developing policies or endorsements. 27 5 An example of a service provided by an intermediary that is a component of the insurance product is Select one A. Reporting claims to the insurer OB. Makong selection decisions for the surplus ines insurer OC. Accurately rating and pricing the policy, D. Developing appropriate insurance rates, 5. t ePadStep by Step Solution
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