What term describes a natural person employed to aid an insurance agent or broker in transacting insurance business outside of life insurance?

Study for the POL California Life Insurance Marketplace Test. Prepare with flashcards, multiple-choice questions, hints, and explanations. Get ready for your exam!

The term that describes a natural person employed to aid an insurance agent or broker in transacting insurance business outside of life insurance is "insurance solicitor." This designation refers specifically to individuals who support the sales and transacting processes of insurance policies pertaining to various types of insurance, excluding life insurance.

In many jurisdictions, insurance solicitors are often responsible for client interaction, providing information about different insurance products, and assisting in the application process. They help facilitate the relationship between clients and agents or brokers without directly engaging in the sales of life insurance specifically.

The other roles, such as insurance agents and brokers, typically focus on more comprehensive responsibilities involving the sale and management of insurance policies, which may include life insurance. A life analyst isn't a recognized term in the context of insurance transactions as described in the question, which makes "insurance solicitor" the most accurate term in this scenario.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy