CIC AGENCY MANAGEMENT BUNDLE LATEST UPDATED

Types of Agencies -Answer 1. Standard lines P&C 2. Personal Lines only 3. Commercial Lines only 4. Non-StandardAuto 5. Life & Health Agency 6. Combination of the above Banks vs. Agencies -Answer 1. How much will the agency culture change if your agency is acquired by a bank? 2. Banks are ...

Budget Considerations for growing an agency and doing a needs assessment -Answer -the specific talents and skills employees require -an awareness of gaps, deficiencies, and surpluses within and across departments -a determination of how many employees the agency can afford to hire -the bes...

Three types of Insurance Company and Management Stuctures -Answer 1. Stock Insurance Company 2. Mutual Insurance Company 3. Reciprocal Stock Insurance Company -Answer an incorporated insurance company owned by STOCKHOLDERS the stockholders elect the corporation's board of directors s...

Identify and describe the three primary purposes of excess liability/umbrella policies (LO1) -Answer 1. Provide additional limits that are excess over underlying limits of insurance 2. Provide primary coverage when underlying poliy does not respond beacuse its aggregate limits of insruance are exh...

Recipients of allogenic hematopoeietic stem transplantation (HSCT) should be placed in rooms with how many air exchanges per hour? 3 5 10 12 -Answer 12. A greater number of air exchanges per hour prevent opportunistic infections among stem cell transplant recipients Because of the increase...