Which of the following is a requirement for a client to be treated as a professional client?
A – It is essential that no advice is given. It is essential that no advice is given.
B – The client refuses to disclose information to you.
C – The client must confirm their agreement in writing.
D – The professional client basis will apply to all new investment business.
C: A professional client must confirm their status in writing
This set of questions, courtesy of online CII training package Insurance Assess, will test your knowledge of topics. The answers are at the bottom...
After an agency relationship ends, what is the correct treatment of information that was confidential during the life of the agency?
A: The information is only confidential while the agency is operational B: The information must remain confidential, even after the agency has ended
Generally, which of these ultimately pays the insurance premium on a commercial property owners policy?
A: The owner B: The tenant C: The managing agent D: The owner and the managing agent