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Insurance Broker Exam UPDATED Exam Questions and CORRECT Answers

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Insurance Broker Exam UPDATED Exam Questions and CORRECT Answers Insurance is a contract by which one seeks to protect another from (BLANK) - Correct ANSWER- Loss Which factor is NOT considered by an underwriter when determining the premium rates for an individual seeking insurance? - Correct ANSWER- Race Agent/Producer - Correct ANSWER- a legal representative of an insurance company; the classification of producer usually includes agents and brokers; agents are the agents of the insurer

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