1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DaniilM [7]
3 years ago
7

Legally speaking, a producer has a __________ duty when handling life insurance premiums and applications for an insurer.

Social Studies
1 answer:
alekssr [168]3 years ago
7 0

Answer:

The Correct answer is B.

Explanation:

A Producer in an Insurance Company is a Consultant to members of the public in need of Insurance.  A Producer is a professional Insurer/Agent who goes to markets and brokers to trade for the insured.  

One of the duties of a producer is to ensure that he acts in fiduciary when handling premiums and applications for the insured.  Other duties include; to monitor the increase in sales on behalf of existing clients,  a Producer should be innovative by bring up new strategies to improve its clientele etc.

Fiduciary mean to " act in good faith". A Producer should always act in good faith by representing the interest of the insured at all times and to carefully monitor insurance policies.

You might be interested in
Cruz and eva have a 7-year-old son. he is in the second grade and is extremely obedient. he has many friends, most of whom are o
Mandarinka [93]
Referring to Jean Piaget
Jean Piaget might explain that Cruz and Eva’s son is in either<span> the preoperational stage or the concrete stage.
In these stages, most children would already think about the potential effect of their actions and all of their actions would focus on seeking acceptance from the adults. So, it's best for Cruz and Evan to staty back and observe the development of their children without interrupting (only save him if he's in grave danger)
</span>
3 0
3 years ago
Business and industry hiring is one use for personally assessments. True or false
Jet001 [13]
<span>Business and industry hiring is one use for personally assessments. True or false/ it is true</span>
4 0
3 years ago
Read 2 more answers
Which in thinking about clarisse's friendship and her death montag goes trembling along the hall to the kitchen. Why has his bri
HACTEHA [7]

Answer:

He may be contemplating death himself.

Explanation:

The topic may have brought on repressed feelings or memories.

3 0
3 years ago
21.In the usual _______ procedure, parties select a disinterested and informed party or parties to sever as a referee to determi
Ksenya-84 [330]

Answer:

A) Arbitration

Explanation:

This statement most closely describes the process of arbitration.

Arbitration is a conflict-resolution technique that is widely used in legal settings. Arbitration allows parties to solve their disputes through the use of a third person. This person is a disinterested third party known as the arbitrator. The job of the arbitrator is to determine the merits of the case as well as come up with a decision that both parties agree to honor.

5 0
3 years ago
Children tend to behave more impulsively and erratically during adolescence. This is likely because of:
Vanyuwa [196]

Answer:

This is likely because of your hormones kicking in

Explanation:

6 0
3 years ago
Other questions:
  • Which strategy will help Sadie understand her reading of August’s character
    5·2 answers
  • According to the module, how many years after completion of your Bachelor's degree does it take to become a psychologist?
    13·1 answer
  • What was the primary focus of Nazi propaganda in the 1930s?
    5·1 answer
  • Sherri is creative, warm and caring. person/job fit suggests one job she might be particularly effective at is:
    13·1 answer
  • Dividing electoral districts to limit the voting strength of a particular group is known as ____.
    15·1 answer
  • Which cultural advancement came first?
    12·1 answer
  • The blue car was rusty but still quiet fast
    15·1 answer
  • The word used to describe the behavior of people who pay more attention to their devices than to those around them is __________
    7·1 answer
  • The American Psychological Association was originally made up of academic psychologists; today only _____% of its members work i
    14·1 answer
  • Fluent aphasia, in which the victim has difficulty comprehending language but is still able to speak smoothly, is due to damage
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!