Leo, a Broker, is working on four different requests for new Automobile Insurance quotes that are due by the end of the day. While working on the requests, Leo receives an email from an existing client about a Sewer Back-Up claim in progress. What should Leo do next? OA) Assume the client has already reported the claim to their Insurance Company and take no action OB) In compliance with The All-Comers (TAC) Rule, continue working on the Automobile quotes and contact the client later in the day OC) Contact the client to assess the severity of the damage, provide reassurance and start the claims process ob Inform the clients that he will contact them once he has completed the Automobile quotes
Leo, a Broker, is working on four different requests for new Automobile Insurance quotes that are due by the end of the day. While working on the requests, Leo receives an email from an existing client about a Sewer Back-Up claim in progress. What should Leo do next? OA) Assume the client has already reported the claim to their Insurance Company and take no action OB) In compliance with The All-Comers (TAC) Rule, continue working on the Automobile quotes and contact the client later in the day OC) Contact the client to assess the severity of the damage, provide reassurance and start the claims process ob Inform the clients that he will contact them once he has completed the Automobile quotes
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Leo, a Broker, is working on four different requests for new Automobile Insurance quotes that are due by the end of the
day. While working on the requests, Leo receives an email from an existing client about a Sewer Back-Up claim in
progress. What should Leo do next?
OA) Assume the client has already reported the claim to their Insurance Company and take no action
OB) In compliance with The All-Comers (TAC) Rule, continue working on the Automobile quotes and contact the
client later in the day
OC) Contact the client to assess the severity of the damage, provide reassurance and start the claims process
Inform the clients that he will contact them once he has completed the Automobile quotes
Transcribed Image Text:Your insured loses all her business reference books valued at $5,000 in a fire. What will her Homeowners Comprehensive
policy pay for the resulting claim?
OA) Nothing, because they were not scheduled.
OB) $5,000.00
OC) $5,000 less Deductible.
OD) $2,000.00
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