Alberta General Insurance Level 1 Practice Exam

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What is the first step in the roles of insurance intermediaries?

  1. Advising the client

  2. Facilitating the insurance application

  3. Prospecting for potential clients

  4. Negotiating insurance

The correct answer is: Prospecting for potential clients

The first step in the roles of insurance intermediaries is prospecting for potential clients. This involves identifying and reaching out to potential clients to offer insurance services. While advising the client, facilitating the insurance application, and negotiating insurance are all important steps in the insurance intermediaries role, they come after the initial step of prospecting for clients. This is because without clients, there would be no need for these intermediary roles. Therefore, option C is the most appropriate answer as it outlines the initial and crucial step in the process.

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