Multiple Choice
Match the descriptions with their terms:
-A mutual company specializing in insuring manufacturing establishments is known as 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
Q22: Match the descriptions with their terms:<br>-_ are
Q23: Insolvency among insurance companies is relatively low.
Q24: Lloyd's of London relies very little on
Q25: The most popular option that global firms
Q26: One of the differences between stock and
Q28: Fire insurance accounts for more premium volume
Q29: If your insurer becomes insolvent, you may
Q30: Match the descriptions with their terms:<br>-A/an _
Q31: The members of a reciprocal are both
Q32: Match the descriptions with their terms:<br>-A method