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AU 60 - CHAPTER 2 QUESTIONS & ANSWERS (RATED A+)
  • Exam (elaborations)

    AU 60 - CHAPTER 2 QUESTIONS & ANSWERS (RATED A+)

  • 2 sources of info the underwriter has with a submission 2.3 - ANSWER1. Producer 2. Application Why do you think underwriters rely on the producer more than any other source of information? 2.3 - ANSWERA good relationship with a producer provides a source of information an underwriter can trust. Through time spent working with the insurance applicant, the producer builds a familiarity with both the client and the loss exposure being insured. - producer has firsthand knowledge of an account...
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