Exam (elaborations)
Minnesota State Insurance Licensing 350 Exam Questions with 100% Correct Answers | Verified | Latest Update|44 Pages
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What is an agent? - ️️Someone who acts on behalf of another (producer) What is a principal? - ️️Party for whom action is taken (insurance company) What is an agency agreement? - ️️Legal agreement that establishes the relationship between the principal and agent; outlines powers an...
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