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3 Cards in this Set
- Front
- Back
Producer |
Any of several kinds of insurance personnel who place insurance business with insurers and who represents either insurers or insureds, or both |
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Agent |
In the agency relationship, the party that is authorized by the principle to act on the principle's behalf |
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Agency |
A legal, consensual relationship that exists when one party, the agent, acts on behalf of another party, the principal |