A Captive Agent Typically Represents Two to Ten Different Insurance

question 7

True/False

A captive agent typically represents two to ten different insurance companies.

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Definitions:

Effective

Achieving the desired outcome or result with optimal use of resources and time.

Manageable

Capable of being controlled, handled, or dealt with effectively.

Value Chain

A model that describes the full range of activities needed to create a product or service, from initial conception to final use and beyond.

Productivity Increased

A measure indicating an enhancement in the efficiency of production, often resulting in more output with the same amount of input.