Are you having trouble answering the question “Which of the following terms defines the authority given to an agent to transact business on behalf of the insurer?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
Which of the following terms defines the authority given to an agent to transact business on behalf of the insurer?
A) license.
B) certificate of authority.
C) insurance contract.
D) appointment.
Answer: D) appointment.
You should now have gotten the answer to your question “Which of the following terms defines the authority given to an agent to transact business on behalf of the insurer?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.
