Q601
Pick out the incorrect statement from the below mentioned statements.
A.
Insurance agent represents his client in the first place
AnswerB.
Insurance agent represents his company in the first place and always
C.
There is a difference between an agent and a broker
D.
Broker represents his client unlike an agent
Answer: Option A
Solution
Answer: Option A
Solution:
Insurance agent does not represents his client in the first place. Insurance Agents enter into a contract to represent an insurer.