Multiple Choice
Match the descriptions with their terms:
-A type of insurer in which individuals take risk personally is a/an _________________.
A) American Agency System
B) assessable policy
C) attorney-in-fact
D) direct response
E) direct writer
F) exclusive agent
G) factory mutual
H) farm mutual
I) fraternal carrier
J) general agent
K) general insurance
L) general writing mutual
M) Guaranty funds
N) interinsurance exchange
O) involuntary coverage
P) life and health insurance
Q) Lloyd's Association
R) Lloyd's of London
S) mass merchandising
T) mutual company
U) participating and deviating
V) personal coverages
W) private insurance
X) stock company
Y) surplus line market
Z) Syndicates
Correct Answer:

Verified
Correct Answer:
Verified
Q48: Match the descriptions with their terms:<br>-A channel
Q49: Private passenger auto as a percent of
Q50: Match the descriptions with their terms:<br>-A method
Q51: Most turnover among insurers stems from involuntary
Q52: Projected growth rates for insurance demand in
Q54: Direct writing<br>A) describes the distribution channel used
Q55: The bulk of property-liability insurance is written
Q56: Match the descriptions with their terms:<br>-A mutual
Q57: Match the descriptions with their terms:<br>-A mutual
Q58: The largest broker in the United States