5
QuizMultiple Choice

Careers in Insurance

Question 5 • (AG Q4) Financial Literacy: 25-26 (JRush)

Gayle is talking with her insurance broker and is comparing prices with the broker, who shows her that Company A can sell her insurance that will cost her a certain amount, and Company B has a higher premium but the deductible would be lower. Right now, they are talking about Company C and seeing what they offer. It sounds as though her broker is most likely _____.

Answer
A
an independent insurance agent
B
an actuary
C
working for Company C
D
working for a direct marketing insurance company

Explanation

The broker is comparing policies from multiple companies: Company A, Company B, and now Company C. An independent insurance agent can represent or compare products from several insurers, unlike someone who works for one specific company. An actuary assesses insurance risks and pricing rather than helping a customer compare policies, so the best answer is an independent insurance agent.

AI-written and checked against the verified answer.