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- An applicant for life insurance must be informed of their rights under the Fair Credit Reporting Al al which of the following times? When tho producer makes the initial appoiniment to see the insured When the producer completes the insured's application When the producer delivers the policy When the insurer receives the initial premiumPls help ASAP on bothReinsurer A enters into a quota share agreement with primary insurer P - In this quota share arrangement, P retains 70% of the losses and A assumes 30% of the losses. In a given year, P writes $500 Million of premiums and incurs losses of $100 Million Select all that apply P's share of premiums is $150 Million and P's share of losses is $30 Million. A's share of premiums is $350 Million and A's share of losses is $70 Million P's share of premiums is $350 Million and P's share of losses is $70 Million A's share of premiums is $150 Million and A's share of losses is $30 Million
- What is the major distinction between an employee and an independent contractor? An independent contractor is required to be licensed, bonded and to carry insurance. Independent contractors are hired using contracts, while employees must be in at-will relationships with employers. The employer has the right to control an employee's behavior and how s/he does the job, but an independent contractor has exclusive (or near exclusive) control over the way the job is done. An independent contractor never owes fiduciary duties to a contracting partner.Hand written plz asap i'll upvoteNote:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
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