ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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An insurance broker whose registration is "restricted to Acting Under
Supervision" may NOT perform which one (1) of the following activities?
Sign letters to members of the public recommending insurance coverage.
Solicit insurance except in the presence of their supervisor.
Deposit insurance premiums in their own trust bank account.
Collect premiums on behalf of the insurance broker by whom they are
employed.
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Transcribed Image Text:An insurance broker whose registration is "restricted to Acting Under Supervision" may NOT perform which one (1) of the following activities? Sign letters to members of the public recommending insurance coverage. Solicit insurance except in the presence of their supervisor. Deposit insurance premiums in their own trust bank account. Collect premiums on behalf of the insurance broker by whom they are employed.
An insured dies in a fire at his/her home caused by
What action will the insurer of the dwelling take?
careless smoking.
Deny the loss to building and contents as the insured caused the fire.
Pay the loss to the building and contents to the insured's estate.
Pay the building and contents loss into Court in trust.
Be unable to pay the property loss as the named insured is no longer
available to sign the proof of loss.
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Transcribed Image Text:An insured dies in a fire at his/her home caused by What action will the insurer of the dwelling take? careless smoking. Deny the loss to building and contents as the insured caused the fire. Pay the loss to the building and contents to the insured's estate. Pay the building and contents loss into Court in trust. Be unable to pay the property loss as the named insured is no longer available to sign the proof of loss.
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