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Agency is a relationship in which one person is authorized to represent and act for another person or for a corporation. In insurance, brokers are
Agency is a relationship in which one person is authorized to represent and act for another person or for a corporation. In insurance, brokers are licensed individuals who
A)
represent many insurers and act as an agent of the insurance buyer.
B)
represent a select number of insurers.
C)
represent many insurers and act as an agent of the principal.
D)
represent the principal.
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