Multiple Choice
Match the descriptions with their terms:
-The two main branches of insurance are property-liability insurance and _________________.
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
Q1: The field of insurance is dominated by
Q2: The largest line of coverage now sold
Q3: Match the descriptions with their terms:<br>-A nonprofit
Q4: Direct distribution of property-liability insurance is becoming
Q5: The channel of distribution involving the least
Q7: A mutual insurer is owned by policyholders
Q8: Match the descriptions with their terms:<br>-A type
Q9: Match the descriptions with their terms:<br>-An insurer
Q10: Match the descriptions with their terms:<br>-An insurance
Q11: Match the descriptions with their terms:<br>-An insurance