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Ann jonson is an insurance producer who does not currently sell bonds, even though she has several clients who are contractors. The city where Ann
Ann jonson is an insurance producer who does not currently sell bonds, even though she has several clients who are contractors. The city where Ann works requires license and permit bonds from contractors who do work in the city. All of the following are advantages to Ann of selling license and permit bonds EXCEPT? Sureties are fairly liberal in their underwriting og these bonds so they are not difficult to obtain, doing so many help ann keep the contractors other insurance lines, Ann may be able to do work with the city to obtain additional leads, or commissions are significantly higher for license and permit bonds.
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