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Exam (elaborations)

AINS 101 | 112 Questions and Answers 100% Solved

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AINS 101 | 112 Questions and Answers 100% Solved Bill is an insurance producer for and employed by ABC Insurance Company (ABC). He represents only ABC when marketing insurance products, and uses an administrative staff also employed by ABC. Bill is a producer in the - Direct writer marketing system Because the insurance company usually determines policy wording and the insured has little choice but to "take it or leave it," an insurance contract is a - Contract of adhesion Which one of the following best explains why producers should be alert to changes in clients' loss exposures? - Implemented risk management techniques may prove to be ineffective or become obsolete

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