Question

In the insurance industry, what is the value of existing clients for sales producers?

a.

A source of commissions from new customers

b.

A valuable source for acquiring new customers

c.

A liability that should be avoided

d.

Unimportant for insurance business

Answer: (b).A valuable source for acquiring new customers Explanation:Existing clients in the insurance industry are a valuable source for acquiring new customers, as they can support the agent in reaching out to and selling to other customers.

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Q. In the insurance industry, what is the value of existing clients for sales producers?

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