If a surplus lines agent writes a contract for surplus line insurance, the agent must do all of the following EXCEPT:

If a surplus lines agent writes a contract for surplus line insurance, the agent must do all of the following EXCEPT:



A)

send a copy of the surplus lines insurance proposal to the policyholder.

B)

maintain records on the amounts of surplus lines insurance and the perils covered.

C)

make certain that the insurer has been authorized by the Commissioner as a reliable insurer.

D)

keep a copy of all surplus lines insurance contracts obtained.



Answer: c

Comments

Popular posts from this blog

Jim has been arrested for drunk driving. In order to be allowed out of jail before his court date, Jim will most likely need:

James is the insured on a life insurance policy where his age was misstated on the application. Which of the following is CORRECT regarding the death benefit amount?