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Essential Skills for the Broker - Quiz 1

Horizontales
Property and ....
Chance of loss through injury.
Also known as a captive agent.
Terms of the agreement are set out prior to acceptance.
Specialize in non-standard or difficult-to-place risks.
A detailed look at a prospect's lifestyle may expose this type of hazard.
Brokers have shifting ...
Fine's
Physical link between the insurer and consumer.
This type of agency usually represents one insurer.
Fast, convenient insurance.
One of the most effective way to get sales prospects.
Verticales
Legal duty that one party owes to another.
Class of insurance related to marine exposures.
A broker and agent need this to operate.
This planning is part of the overall strategic planning.
Sourcing business through existing client base.
A chance of loss or profit.
Segment of clients.
A fact that would affect the underwriter's decision on whether to bind.