Which of the following statements is true regarding independent insurance agents in property and liability insurance?
A) The insurer owns the expiration rights, not the independent agent.
B) Independent agents are only permitted to represent one insurance company.
C) Independent agents are paid the same commission rate on new and renewal business.
D) Independent agents are not permitted to sell life and health insurance.
ANSWER
Answer: C
Place an order in 3 easy steps. Takes less than 5 mins.