Question

An insurance agent is allowed to

a.

Interfere with any proposal introduced by any other insurance agent

b.

Resort to multilevel marketing for soliciting and procuring insurance policies

c.

Receive a share of proceeds from the beneficiary under an insurance contract

d.

Indicate the premium to be charged by the insurer for the insurance product offered for sale

Answer: (d).Indicate the premium to be charged by the insurer for the insurance product offered for sale Explanation:Insurance agents are allowed to indicate or explain the premium to be charged by the insurer for the insurance product they are selling. It's part of their role to provide potential policyholders with information about the cost of insurance. They should clarify the terms and conditions of the insurance product, including the premium that needs to be paid.

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Q. An insurance agent is allowed to

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