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Desolo Desolo
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10 years ago
What is the difference between an insurance broker and an insurance agent?
A) An insurance agent works exclusively for one company, while an insurance broker works for a number of insurance companies.
B) An agent requires a commission payment after the deal is made, while a broker requires the service charge to be paid before the deal is made.
C) An agent represents the insured, while a broker represents the company.
D) An agent is authorized to sell insurance directly, while a broker can only mediate an insurance contract.

This is for my business law class, anything will help
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bbbbbb
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9 years ago
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Desolo Author
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#2
9 years ago
Thanks
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