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Who is the person that arranges for a customer to get the necessary insurance?

A. An agent

B. A retailer

C. A broker

D. An intermediary

Answer: Option A

Solution(By Examveda Team)

An agent is the person that arranges for a customer to get the necessary insurance. An agent is a person who represents an insurance firm and sells insurance policies on its behalf. Description: Generally, there are two types of such agents who reach the prospective parties that may be interested in buying insurance. These are independent agents and captive or exclusive agents.

This Question Belongs to Commerce >> Insurance

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