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When an underwriter asks a broker if the broker's client would be interested in a quote for increased liability limits for his personally umbrella policy,
When an underwriter asks a broker if the broker's client would be interested in a quote for increased liability limits for his personally umbrella policy, the underwriter is asking for an expiry (X) date. up-selling developing a referral. cross-selling. Question 10 (1 point) Written notices from the insured to the insurer identifying the broker of record on a policy are known as binders. writs. Question 14 (1 point) Under the policy wording, the definition of persons insured" can be more inclusive than the names listed on the policy only if they are indicated in the broker's section of the application. is anyone related to the insured who has legal capacity. is limited to the names listed on the application for insurance. include all those names who fall under the policy wording regardless of wh or not their names appear on the policy. Question 13 (1 point) Achieving electronic business solutions for the insurance industry is the primary objective of the Insurance Institute of Canada (IIC). Centre for the Study of Insurance Operation (CSIO). Insurers Advisory Organization (IAO). Insurance Bureau of Canada (IBC). DOLL ons condition. Question 12 (1 point) A written application is important because it is a source of evidence. indicates the intention of the parties at the time application was made. provides a signature of the applicant which attests to the accuracy of the information. all of the above. DOLL
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