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This question belongs to Commerce Insurance

Insurance

?

Pick out the incorrect statement from the below mentioned statements.

A) Insurance agent represents his client in the first place B) Insurance agent represents his company in the first place and always C) There is a difference between an agent and a broker D) Broker represents his client unlike an agent

Answer & Solution

Correct Answer: Option A

Insurance agent does not represents his client in the first place. Insurance Agents enter into a contract to represent an insurer.

Question posted by Examveda

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