Examlex
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.
Agent
An individual or entity authorized to act on behalf of another.
Written Agreement
A contract or agreement put in written form and typically signed by all parties involved.
Independent Contractor
An individual or entity contracted to perform work for another entity as a non-employee, under specific terms.
Unusually Hazardous
Activities or conditions that carry an exceptionally high risk of causing harm or damage.
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