Management > EXAM > AINS Practice Exam Review 2022/2023(QUESTIONS & ANSWERS 100% ANSWERS) (All)
AINS Practice Exam Review 2022/2023(QUESTIONS & ANSWERS 100% ANSWERS)
Document Content and Description Below
AINS Practice Exam Review 2022/2023(QUESTIONS & ANSWERS 100% ANSWERS)One distinguishing feature between independent agency systems and other marketing systems is the... - ✔✔agency expiration list... Foreign Insurer - ✔✔An insurer licensed to operate in a state but incorporated in another state Domestic Insurer - ✔✔An insurer doing business in the jurisdiction in which it was incorporated Alien Insurer - ✔✔An insurer domiciled in a country other than the US Direct Response Marketing System - ✔✔Greatly reduces compensation costs but has higher advertising costs Agency Expiration List - ✔✔An agency's most valuable asset (does not belong to insurer) Important consideration when selecting distribution channels - ✔✔Does the channel capitalize on its core capabilities? Knowledge acquired by the agent is presumed to be.. - ✔✔knowledge acquired by the insurer Premium collection method used for personal insurance and small commercial accounts - ✔✔Direct Bill What specifies scope of authority of an agent? - ✔✔Agency contract [Show More]
Last updated: 2 years ago
Preview 1 out of 7 pages
.png)
Buy this document to get the full access instantly
Instant Download Access after purchase
Buy NowInstant download
We Accept:
Reviews( 0 )
$6.00
Can't find what you want? Try our AI powered Search
Document information
Connected school, study & course
About the document
Uploaded On
Sep 11, 2022
Number of pages
7
Written in
Additional information
This document has been written for:
Uploaded
Sep 11, 2022
Downloads
0
Views
102
.png)
.png)
.png)
.png)
