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Essential Skills for the Insurance Broker and Agent

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Essential Skills for the Insurance Broker and Agent Questions and Answers

Questions 1

What should a broker do when selecting coverage for a client?

Options:

A.  

Ensure that only standard policy wordings are used

B.  

Compare wordings based on an analysis of the client’s needs

C.  

Place the policy with the insurer that has the most legally-worded policies

D.  

Overinsure the client to protect the broker from an errors and omissions claim