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An insurance broker is involved in?

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Commerce WAEC 2016

An insurance broker is involved in?

  • industrial occupation
  • distributive occupation
  • commercial occupation checkmark
  • constructive occupation

The correct answer is: C

Explanation

An insurance broker sells, solicits, or negotiates insurance for compensation. An insurance broker is a specialist in insurance and risk management. Brokers act on behalf of their clients and provide advice in the interests of their clients. 

Commercial Occupation: This refers to all the people involved in the distribution and exchange of goods produced by the industrial sector. Examples ocommercial workers are: bankers, transporters, insurers, traders, etc

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