Becoming an Insurance Broker Quiz
5 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

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</p> Signup and view all the answers

    What do insurance brokers help their clients manage?

    <p>Risk</p> Signup and view all the answers

    More Like This

    Motor Carrier and Broker Legal Definitions Quiz
    15 questions

    Motor Carrier and Broker Legal Definitions Quiz

    FLF avatar
    FLF
    CAIB 2 - Chapter 2
    23 questions

    CAIB 2 - Chapter 2

    UnbeatableGreenTourmaline7702 avatar
    UnbeatableGreenTourmaline7702
    CAIB 4 - Chapter 1
    25 questions

    CAIB 4 - Chapter 1

    UnbeatableGreenTourmaline7702 avatar
    UnbeatableGreenTourmaline7702
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser