AIS Practice Questions - Associate In Insurance Services Exam

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An independent agency represents multiple insurers. Which of the following best describes how this distribution channel differs from a captive agency?

Independent agents can only sell commercial lines Independent agents own their book of business and can place risks with several carriers Independent agents are salaried employees of a single insurer Independent agents do not collect commission on renewals

Correct Answer:

Independent agents own their book of business and can place risks with several carriers

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