Becoming an Insurance Broker Quiz

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Questions and Answers

What is the projected employment growth for insurance brokers between 2021 to 2031?

  • 10%
  • 3%
  • 8%
  • 6% (correct)

What is the speculated value of the global insurance brokers market by 2025?

  • $80 billion
  • $113.99 billion (correct)
  • $150 billion
  • $90 billion

What is the primary role of an insurance broker?

  • Offer expert advice on insurance policies (correct)
  • Create marketing strategies for insurance companies
  • Provide legal advice to insurance companies
  • Sell insurance policies directly to consumers

How do insurance brokers differ from insurance agents?

<p>Act as intermediaries between consumers and insurance companies (D)</p> Signup and view all the answers

What do insurance brokers help their clients manage?

<p>Risk (D)</p> Signup and view all the answers

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