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22 April, 11:54

When handling premiums for an insured, an agent is acting in which capacity?

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  1. 22 April, 15:12
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    Fiduciary

    A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties. Typically, the role of a fiduciary is to take care of assets or money on behalf of another party.
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