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JamesLu JamesLu
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7 years ago
David is a successful independent insurance agent. Recently, one of the life insurance companies with whom he places business offered him a special financial arrangement.  If David meets sales targets, he will receive large bonuses. He will also be able to recruit and train sub-agents and receive an over-riding commission based on the amount of life insurance the sub-agents sell. Based on this description, David is a(n)
A) insurance broker.
B) personal-producing general agent.
C) direct writer.
D) multiple life exclusive agent.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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JamesLu Author
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#2
7 years ago
Perfect answer
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