Question

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An eighteen (18) year old youth enters your office and requests
insurance on his new automobile - a Chevrolet Corvette. You
know that most insurers are not keen on insuring young drivers
with powerful automobiles. However, the premium is
substantial and the commission attractive. You should:
refer him to another broker who writes this class of business.
advise him that none of your insurers will insure him and turn him away.
recommend he register and insure the vehicle in his father's name.
give him an application for automobile insurance to complete which you will then
submit to an insurer.
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Transcribed Image Text:An eighteen (18) year old youth enters your office and requests insurance on his new automobile - a Chevrolet Corvette. You know that most insurers are not keen on insuring young drivers with powerful automobiles. However, the premium is substantial and the commission attractive. You should: refer him to another broker who writes this class of business. advise him that none of your insurers will insure him and turn him away. recommend he register and insure the vehicle in his father's name. give him an application for automobile insurance to complete which you will then submit to an insurer.
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