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Under the captive agency system, who employs an agent?

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1 vote

Under the captive agency system, an agent is employed by the insurance company itself. In this system, the agent works exclusively for one insurance company and represents their products and services to customers

User Vivek Raskar
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Answer: by an insurance company

Step-by-step explanation:

A captive agent is an insurance agent who only works for one insurance company and is paid by that one company, either by salary, commission, or both

User Aleksandra Zalcman
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