Types of Insurers and Marketing Systems.
What is the meaning of the term reinsurance?
Explain the reasons for reinsurance.
Explain the term securarization of risk.
What unfair trade practices are each of the following insurance agents violating? Explain the terms that you use.
Agent Jones offers a client to pay a portion of the premium if the client purchases a policy.
Agent Peterson convinces a client to replace a life insurance policy with a new policy that adds little value.