Question

What is a foreign insurer?

A. An insurer with licensed agents doing business in other countries
B. An insurer with a home office in another country
C. An insurer with licensed agents who are citizens in more than one country
D. An insurer with a home office in another state

Answer 1

A foreign insurer is an insurer with a home office in another country.

Step-by-step explanation:

A foreign insurer is \question_subject{an insurer with a home office in another country}. This means that the company is based and operates primarily in a country different from where the insured individuals are located. The insurer may have licensed agents in various countries to sell insurance policies, but its home office and main operations are in a different country.

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