Which of the following statements is true with regard to career life insurance agents?
A)They represent several different life insurance companies.
B)They are compensated largely through a salary and not through commissions.
C)They are paid the same commission rate on new and renewal business.
D)The insurer provides financing,training,supervision,and office facilities for career agents.

Question

Quizplus · Accepted Answer

Career life insurance agents are often supported by the insurer with financing, training, supervision, and office facilities. This support system is part of the career agency system, distinguishing it from other types of insurance agent arrangements.

Which of the Following Statements Is True with Regard to Career