What is the apparent authority of an insurance agent? - ProProfs Discuss
Topics
Products
Follow Us:

What is the apparent authority of an insurance agent?



A. Given by the agent s contract with the insurer.
B. Granted to an agent by state law.
C. The agent tells an insurance applicant that he or she has.
D. That members of the public can reasonably assume that the agent has.

This question is part of Practise Exam 1
Asked by Wyatt Williams, Last updated: Jan 18, 2020

+ Answer
Request

1 Answer

Wyatt Williams

Wyatt Williams

Answered Apr 12, 2018

That members of the public can reasonably assume that the agent has.

Apparent authority is a doctrine that holds an agent may have whatever authority a reasonable person would assume he or she has. An agent acting under apparent authority may bind an insurer as fully as one acting under expressed or implied authority.
 

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.