When Handling Premium Funds In The Conduct Of Their Business Insurance Producers Are Acting In A? When handling premium funds in the conduct of their business insurance producers are acting in a? money designated as premium belongs to the insurance company. The producer is handling this money in a position of trust. Fiduciary is the
What Is The Purpose Of A Conditional Receipt Quizlet? What is the purpose of a conditional receipt? It is intended to provide coverage on a data earlier than the date of the issuance of the policy. An agent and an applicant for life insurance policy fill out and sign the application. What is the purpose
What Does A Fidelity Guarantee Policy Cover? Fidelity Guarantee is an indemnity policy that covers loss of property or money as a direct result of fraudulent acts by employees of the insured. The policy is also referred to as Staff Honesty Policy because it basically covers the dishonesty of the staff of an employer. What