North Carolina Surplus Lines Practice Questions - North Carolina Surplus Lines Broker Exam

What is a surplus lines broker in North Carolina?

An agent who sells standard admitted insurance A licensed intermediary who places coverage with non-admitted insurers when coverage is unavailable in the admitted market A claims adjuster specializing in excess coverage A reinsurance broker

Correct Answer:

A licensed intermediary who places coverage with non-admitted insurers when coverage is unavailable in the admitted market

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