Which of the following must any person engaged in the business of acting as an insurance agent or broker who receives compensation for arranging or directing sales in connection with a premium financing agreement do ?

Insurance

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Which of the following must any person engaged in the business of acting as an insurance agent or broker who receives compensation for arranging or directing sales in connection with a premium financing agreement do ?

A.Provide a list of the potential complaints lodged against the broker or agent through past customers

B.Provide records of interest payments to the broker agent with respect to interest paid by the insurer

C.Maintain a list of accounts in connection with compensation exempted in premium financing payments for three years

D.Provide a list of current accounts for any client who wishes to see the records

Answer: C.Maintain a list of accounts in connection with compensation exempted in premium financing payments for three years

The above question Which of the following must any person engaged in the business of acting as an insurance agent or broker who receives compensation for arranging or directing sales in connection with a premium financing agreement do ?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.