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    Question

    A person who represents only one insurance company and

    is restricted by agreement from submitting business to any other company is termed as?
    A Seller Correct Answer Incorrect Answer
    B Captive Agent Correct Answer Incorrect Answer
    C Service Provider Correct Answer Incorrect Answer
    D Aggregate Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    A captive agent is an insurance agent who only works for one insurance company. A captive agent is paid by that one company, either with a combination of salary and commissions or with just commissions.

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