Keywords: basic principles of life and health insurance
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4 Terms
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Self-Insurer
This is a company that establishes a self-funded plan to cover potential losses rather than transferring the risk to an insurance company.
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Service Representative
Customer service employees. They are not required to have a license because they do not sell or solicit or bind coverage
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Solicitor
Individual who solicits and schedule sales meetings between producers and consumers
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Stock Insurance Companies
An insurance company owned and controlled by stockholders whose investment provides the safe
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