Massachusetts Life Producer Practice Exam

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Study for the Massachusetts Life Producer Exam. Use flashcards and multiple-choice questions with detailed hints and explanations. Prepare effectively for your exam with confidence!

Practice this question and more.

A(n)___agent may represent several insurers.

Captive
Dedicated
Independent
Specialized

The correct answer is: Independent

An independent agent is an agent who operates on behalf of multiple insurance companies rather than being exclusive to one insurer. This allows the independent agent to offer a wider range of policies and options to clients, as they can compare different products from various companies and tailor their recommendations based on the specific needs of their customers. This flexibility is a key advantage of independent agents, enabling them to find the best coverage and pricing for their clients from an array of insurers. Their ability to represent several insurers helps clients benefit from competitive offerings in the market, thereby enhancing the overall service experience and potentially leading to better financial outcomes for policyholders.