When an insurance producer is to charge an administrative fee to an insured, all of the following must be done EXCEPT
When an insurance producer is to charge an administrative fee to an insured, all of the following must be done EXCEPT
A) A schedule of fees must be posted in the office
B) A copy of any fee disclosure must be provided to the insured.
C) The agent must disclose the fees in writing
D) The insured must provide a signature on any fee disclosure.
Answer: B) A copy of any fee disclosure must be provided to the insured.
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