Tag: #UnderwritingPrinciples

IC45 Mock Test Sample 8

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General Insurance Underwriting is the process of evaluating risks, determining p...

IC45 Mock Test Sample 7

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General Insurance Underwriting involves risk assessment, premium determination, ...

What is the amount of remuneration paid to a distributor for soliciting and acquiring insurance on behalf of the insurance companies?

Interest rate

Dividend rate

Commission rate

None of these

Please select an option!

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What is the amount of remuneration paid to a distributor for soliciting and acquiring insurance on behalf of the insurance companies?

Total Vote: 889

Interest rate

19.5 %

Dividend rate

12.5 %

Commission rate

59.4 %

None of these

8.7 %