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Which of the following is different between a wholesale producer and a retail insurance producer? Question 6 options: 1) Retail producers deal in personal insurance
Which of the following is different between a wholesale producer and a retail insurance producer? Question 6 options: 1) Retail producers deal in personal insurance lines and wholesale producers deal in commercial lines. 2) Retail producers deal directly with insurance purchasers and wholesale producers don't deal with the end consumer of insurance. 3) Retail producers are compensated through a salary and wholesale producers are compensated through commissions. 4) Retail producers sell property and liability insurance and wholesaler producers sell life and health insurance
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