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Question # 31

In the EandS market, what role does the “diligent search” requirement serve?

Options:

A.

To guarantee state guaranty fund backing

B.

To ensure admitted carriers have declined coverage before using EandS markets

C.

To force insurers to offer uniform rates

D.

To allow insureds to bypass brokers

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Property and Casualty Overview

Name Property and Casualty
Code Property and Casualty
Vendor Finance, Insurance and Real Est
Certification State Licensing Boards

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