O-LevelCommerceInsurance7100/12 · May/June 2023 · Q261 Mark

What is the best description of the role of an insurance broker?

Afixes the premiums paid by customers

Bgives the customer a choice of policies from different companies

Csells policies to an agent who will then sell them to the customer

Dworks on behalf of one insurance company and sells only its policies

✓ Correct answer

B: gives the customer a choice of policies from different companies

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Topic: Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2023 Paper 1 Variant 2, question 26.

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