Alberta General Insurance Level 1 Practice Exam

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Ace your Alberta General Insurance Level 1 Exam with our comprehensive practice quiz. Tailored to mimic the real test, our quiz offers detailed explanations, expert tips, and all you need to succeed. Start your path to becoming a licensed professional today!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What is the role of an agent in insurance?

To underwrite insurance policies
To act on behalf of another in selling insurance
To assess insurance claims
To provide financial advice on investments

The correct answer is: To act on behalf of another in selling insurance

An agent in insurance is not responsible for underwriting insurance policies like option A suggests. Underwriting is done by the insurance companies themselves. As such, the agent does not assess insurance claims as option C suggests. This responsibility falls on the insurance adjusters. Additionally, the agent does not provide financial advice on investments as option D suggests. Their main role is to act on behalf of the insurer to sell insurance policies to clients. This involves understanding the client's needs and recommending appropriate insurance coverage. They also handle policy applications, premiums, and other administrative tasks related to insurance.