in cases where a life insurance agent collects the premium from the policyholder and remits it to the insurer "s office" he is acting as an agent of_
Answers
Answer:
The Institute has developed the course material for Insurance Agents ... territorial jurisdiction the insurer‟s office falls. ... the policyholder on the products of all Insurers
Explanation:
I hope its help you and it's ans of your questions
Answer:
Policyholder
Explanation:
The insurance policy, which establishes the claims that the insurer is legally obligated to pay, is a contract (often in standard form) between the insurer and the policyholder. The insurer guarantees to reimburse losses brought on by risks covered by the policy wording in return for an upfront payment known as the premium.
Insurance contracts include several aspects not present in many other types of contracts since they are created to address certain requirements. Insurance plans contain boilerplate language that is common to many different types of insurance policies since they are standard forms.
The insurance policy is generally an integrated contract, meaning that it includes all forms associated with the agreement between the insured and insurer
#SPJ3