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Homework answers / question archive / Insurance agents are legally required to disclose their commissions in an insurance policy

Insurance agents are legally required to disclose their commissions in an insurance policy

Finance

Insurance agents are legally required to disclose their commissions in an insurance policy. a. True b. False

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False

It is mandatory for the insurers to declare the commision they are paying to the insurance agents on the policy document and not the insurance agent.

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