Which of the following actions is considered part of the insurance sales process?

Prepare for the PSI Life, Accident, Health Exam. Engage with flashcards and multiple-choice questions, each with hints and explanations for a successful test experience!

The action that falls under the insurance sales process is the transaction of matters subsequent to the execution of the contract and arising out of it. This includes activities such as servicing the policy after it has been sold, which is essential for maintaining customer relationships and fulfilling the terms of the contract.

In the context of insurance, after a policy is sold, there may be various activities that follow, such as claims processing, amendments to the policy, customer inquiries, and ensuring that the insured understands their coverage. These actions are crucial for supporting the policyholder and can directly affect customer satisfaction and retention.

The other options refer to actions that do not directly pertain to ongoing sales activities. For instance, rescission involves canceling the contract, which is not part of the sales process but rather an action taken under specific circumstances. Transaction of unrelated matters may be legal but does not constitute a focus on the sale or service of insurance contracts specifically. The termination of future sales implies ending the sales process rather than anything that directly involves customer engagement post-sale. Therefore, the fourth option is integral to the role of an insurance professional in ensuring that clients are supported and informed after the initial sale, thus falling squarely within the insurance sales process.

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