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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.

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The correct answer to the following question will be "conformity".

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Nubia ("Kush") was an Egyptian colony from the 16th century BCE, governed by an Egyptian Viceroy. When the New Kingdom disintegrated, "Kush" became an independent kingdom. Pharaohs from Kush ruled Egypt for almost a century, and they also built temples, to honor their gods, and land-marked the desert with many tombs.

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