The Two Basic Methods for Billing Premiums Are

question 112

Multiple Choice

The two basic methods for billing premiums are:

• A) policy and direct billing
• B) agency and direct billing
• C) collecting and indirect billing
• D) business and direct billing

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Definitions:

Credible

Being believable or worthy of trust based on evidence or reasoning.

Central Route

A method of persuasion that involves deep thinking and the logical processing of information, leading to lasting attitude change.

Persuasion

The act of convincing others to change their mind or take a certain action through effective communication or argumentation.

Long Lasting

Refers to something that endures or persists over a long period of time without significant degradation or loss of quality.