Which of the Following Statements Is True Regarding Independent Insurance

question 19

Multiple Choice

Which of the following statements is true regarding independent insurance agents in property and liability insurance?

• A)The insurer owns the expiration rights,not the independent agent.
• B)Independent agents are only permitted to represent one insurance company.
• C)Independent agents are paid the same commission rate on new and renewal business.
• D)Independent agents are not permitted to sell life and health insurance.

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Definitions:

Blood-Borne Pathogen

Microorganisms such as viruses or bacteria that are carried in blood and can cause disease in people.

Hepatitis A Virus

A highly contagious liver infection caused by the hepatitis A virus, typically transmitted through the ingestion of contaminated food or water.

Antiretroviral Drugs

Medications used to treat HIV/AIDS by inhibiting the virus's ability to replicate in the body, thereby reducing viral load and improving immune function.

Topical Antipruritics

Medications applied to the skin to alleviate itching.