ANS Leads and referrals that can be used to generate new business
7. When conducting an advance audit, which of these tasks are performed toassist
underwriting?
ANS Classify the various exposures
8. Because the insurance company usually determines policy wording and theinsured has
little choice but to "take it or leave it," an insurance contract is a
ANS Contract of adhesion
9. Smart products used to perform repetitive tasks
ANS Robots
10. What is the correct order for these steps in the claims process? Calculatinga loss reserve,
preparing a loss statement, identifying the policy, determiningthe cause of loss
ANS Identifying the policy, calculating a loss reserve, determining thecause of loss, preparing a
loss statement
11. What is another name for a field underwriter?
ANS Line Underwriter
12. Someone has the following duties
evaluate applicants that producers submit, present policy quotations, process policy
endorsements, help explaincoverages, make coverage recommendations. What is their
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