Role of insurance broker and agents. - SS2 Commerce Past Questions and Answers - page 1

1

Who represents multiple insurance companies and helps clients find suitable insurance policies?

 

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A

Insurance agents

 

B

Insurance brokers

C

Both brokers and agents

 

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2

Which professionals help clients understand the terms and conditions of insurance policies?

 

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A

Insurance brokers

 

B

Insurance agents

 

C

Both brokers and agents

 

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3

Who negotiates with insurance companies on behalf of clients to obtain favorable terms and coverage?

 

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A

Insurance brokers

 

B

Insurance agents

 

C

Both brokers and agents

 

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4

Who provides ongoing customer service and assistance throughout the policy term?

 

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A

Insurance brokers

 

B

Insurance agents

 

C

Both brokers and agents

 

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5

What is the primary role of insurance brokers?

 

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6

Whom do insurance agents represent?

 

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