Which of the following is NOT a duty of an insurance service representative (ISR)?

Which of the following is NOT a duty of an insurance service representative (ISR)?

• A. Explaining insurance coverage
• B. Quoting premium
• C. Issuing policies directly
• D. Accepting premium with prior approval

Answer: (C)

The role of an insurance service representative (ISR) encompasses a variety of responsibilities tailored to assisting clients and facilitating insurance services. It is essential to understand the nature of the duties typically assigned to an ISR. An important aspect of their function is engaging with clients to explain different insurance coverages and help them understand their options. This task is crucial in guiding clients toward making informed decisions about their insurance needs. Quoting premiums is another common responsibility, allowing clients to see the financial aspects of the policies they are considering. An ISR can provide estimates based on client information and coverage preferences, which is essential for clients during their decision-making process. However, one duty that does not typically fall within the purview of an ISR is the direct issuance of policies. This responsibility is usually managed by underwriters or other licensed professionals who have the authority to finalize agreements and ensure compliance with underwriting guidelines. While an ISR plays a supportive role in helping customers navigate the insurance process, they do not have the authority to issue policies themselves. Lastly, accepting premiums with prior approval can sometimes be an option for ISRs, particularly if they are acting on behalf of the insurer, but it typically requires specific authorization from the insurance company. In summary, while an ISR engages in many supportive tasks—

The role of an insurance service representative (ISR) encompasses a variety of responsibilities tailored to assisting clients and facilitating insurance services. It is essential to understand the nature of the duties typically assigned to an ISR. An important aspect of their function is engaging with clients to explain different insurance coverages and help them understand their options. This task is crucial in guiding clients toward making informed decisions about their insurance needs.

Quoting premiums is another common responsibility, allowing clients to see the financial aspects of the policies they are considering. An ISR can provide estimates based on client information and coverage preferences, which is essential for clients during their decision-making process.

However, one duty that does not typically fall within the purview of an ISR is the direct issuance of policies. This responsibility is usually managed by underwriters or other licensed professionals who have the authority to finalize agreements and ensure compliance with underwriting guidelines. While an ISR plays a supportive role in helping customers navigate the insurance process, they do not have the authority to issue policies themselves.

Lastly, accepting premiums with prior approval can sometimes be an option for ISRs, particularly if they are acting on behalf of the insurer, but it typically requires specific authorization from the insurance company.

In summary, while an ISR engages in many supportive tasks—