Question

What is the role of a "Designated Official" in the context of insurance agent appointments?

a.

To prepare marketing materials for insurance agents

b.

To supervise insurance claims

c.

To authorize the appointment of an individual as an insurance agent

d.

To conduct insurance examinations

Answer: (c).To authorize the appointment of an individual as an insurance agent Explanation:The "Designated Official" is an officer authorized by the insurer to make appointments of individuals as insurance agents.

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Q. What is the role of a "Designated Official" in the context of insurance agent appointments?

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