Does the licensing of professionals guard agsinst neligence? 1.

1. Does having malpractice insurance lessen the care taken by professionals?

2.Beause most professionals carry liability insurance , what is the role of the insurance industry in promoting the competence of professionals.

3. Where should the line be drawn between a reasonable number of securities transactions and churning?

4. A Question of Ethics. The purchase of life insurance often involves the client choosing between whole life insurance, which includes a savings feature, and term insurance, which provides only protection. The sales commission also varies depending on the type of policy. Is it ethical for an insurance company to base the agent's commission on the type of policy sold, regardless of the buyer's needs?