Scott works in property and liability insurance marketing.He legally represents insurance purchasers,rather than insurance companies.Scott is paid a commission on the insurance placed with insurers.Scott is a(n)
A)exclusive agent.
B)direct writer.
C)branch manager.
D)insurance broker.

Question

Quizplus · Accepted Answer

Scott represents insurance purchasers and is paid a commission on the insurance placed with insurers. This is the role of an insurance broker. An exclusive agent represents only one insurance company and is not paid a commission but rather a salary plus bonuses. A direct writer is a company employee who writes and sells insurance policies for their company. A branch manager is a person responsible for managing a branch office for an insurance company. None of these roles fit Scott's description.

Scott Works in Property and Liability Insurance Marketing