Which one of the following statements, about the ability of retail producers who do not hold...

Which one of the following statements, about the ability of retail producers who do not hold a surplus lines license to place surplus lines insurance with an insurance customer, is true?

Select one:

a. They are free to place this business directly, on their own

b. They may not become involved in surplus lines insurance in any way

c. They may place this business only through a licensed surplus lines intermediary

d. They may place this business on their own, if admitted lines insurance is unavailable

Solutions

Expert Solution

Answer is (a) They are free to place this business directly, on their own. This statement is correct for the given investment

jeff jeffy answered 1 year ago

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