Cisr agency Study guides, Class notes & Summaries

Which one of the following best describes actual authority? - When the agency is expressly given authority in the agency contract Which one of the following statements best describes the standard of care an insurance agency owes an insurance company? - Loyalty, good faith, reasonable care and contractual duties Which one of the following is not one of the four benefits of ethical behavior? - thical behavior encourages governmental regulation Which one of the following best describes a cont...

CISR Agency Operations Exam Questions With 100% Correct Answers Which one of the following best describes actual authority? - answerWhen the agency is expressly given authority in the agency contract Which one of the following statements best describes the standard of care an insurance agency owes an insurance company? - answerLoyalty, good faith, reasonable care and contractual duties Which one of the following is not one of the four benefits of ethical behavior? - answerthical behavior...

CISR Agency Operations Self Quiz -

Which one of the following best describes actual authority? - ANSWER When the agency is expressly given authority in the agency contract Which one of the following statements best describes the standard of care an insurance agency owes an insurance company? - ANSWER Loyalty, good faith, reasonable care and contractual duties Which one of the following is not one of the four benefits of ethical behavior? - ANSWER thical behavior encourages governmental regulation Which one of the followi...

CISR Agency Operations Self Quizzes and Answers(Latest Update 2024) Which one of the following best describes actual authority? - ANSWER When the agency is expressly given authority in the agency contract Which one of the following statements best describes the standard of care an insurance agency owes an insurance company? - ANSWER Loyalty, good faith, reasonable care and contractual duties Which one of the following is not one of the four benefits of ethical behavior? - ANSWER thical ...

CISR Agency Operations Self Quiz - Q&A solved

CISR Agency Operations Exam 82 Questions with Answers Four benefits of ethical behavior -CORRECT ANSWER a. To be recognized as knowledgeable insurance professionals within the community b. To gain public trust and confidence c. To avoid government regulation d. To enhance credibility with customers and companies Misrating & Misclassification - CORRECT ANSWER Risk misrated to write coverage - Insurer doesn't receive enough premium; Insurer not able to pay losses Common ethical iss...

CISR Agency Operations Exam Questions With 100% Correct Answers Which one of the following best describes actual authority? - answerWhen the agency is expressly given authority in the agency contract Which one of the following statements best describes the standard of care an insurance agency owes an insurance company? - answerLoyalty, good faith, reasonable care and contractual duties Which one of the following is not one of the four benefits of ethical behavior? - answerthical behavior...

Which one of the following best describes actual authority? - Answer-When the agency is expressly given authority in the agency contract Which one of the following statements best describes the standard of care an insurance agency owes an insurance company? - Answer-Loyalty, good faith, reasonable care and contractual duties Which one of the following is not one of the four benefits of ethical behavior? - Answer-thical behavior encourages governmental regulation Which one of the following ...

CISR Agency Operations Self Quiz - Q&A solved