In the absence of a registered insurance broker, which one (1) of the following services may an employee, not registered as an insurance broker, perform in the brokerage office? Give advice and counsel to a client after first consulting with the insurance company tomake sure the information is correct. Complete an application for insurance and confirm to the applicant that coverage is in force. Perform all the duties and responsibilities normally carried out by the broker. Type and mail an invoice for an insurance premium to a policyholder.
In the absence of a registered insurance broker, which one (1) of the following services may an employee, not registered as an insurance broker, perform in the brokerage office? Give advice and counsel to a client after first consulting with the insurance company tomake sure the information is correct. Complete an application for insurance and confirm to the applicant that coverage is in force. Perform all the duties and responsibilities normally carried out by the broker. Type and mail an invoice for an insurance premium to a policyholder.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:In the absence of a registered insurance broker, which one (1) of the
following services may an employee, not registered as an insurance
broker, perform in the brokerage office?
Give advice and counsel to a client after first consulting with the insurance
company tomake sure the information is correct.
Complete an application for insurance and confirm to the applicant that
coverage is in force.
Perform all the duties and responsibilities normally carried out by the
broker.
Type and mail an invoice for an insurance premium to a policyholder.

Transcribed Image Text:An insured dies in a fire at his/her home caused by careless smoking.
What action will the insurer of the dwelling take?
Deny the loss to building and contents as the insured caused the fire.
Pay the loss to the building and contents to the insured's estate.
Pay the building and contents loss into Court in trust.
Be unable to pay the property loss as the named insured is no longer
available to sign the proof of loss.
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