Question

Is there a ceiling on the proportion of business that insurance brokers and corporate agents can obtain from a single organization or person?

a.

Yes, there is a ceiling

b.

No, there is no ceiling

c.

Ceiling applies only to insurance brokers

d.

Ceiling applies only to corporate agents

Answer: (a).Yes, there is a ceiling Explanation:There is a ceiling on the proportion of business that insurance brokers and corporate agents can obtain from a single organization or person. No such ceilings are applicable for individual agents.

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Q. Is there a ceiling on the proportion of business that insurance brokers and corporate agents can obtain from a single organization or person?

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