[Answer] 2. Who among the following will be most likely to use terms like indemnity, premiums, pre-existing condition and deductible?

Step 1 : Introduction to the question "2. Who among the following will be most likely to use terms like indemnity, premiums, pre-existing condition and deductible?"

...1. Sheriff 2. Interior decorator 3. Insurance broker 4. Mortician Insurance brokers are responsible for selling insurance contracts to retail customers on behalf of the insurance companies. They are usually paid some part of the contract amount as commission for sourcing the deal. A pre-existing condition is one that existed prior to signing the contract and is not covered by the insurance company. A deductible is that portion of the total insurance claim that has to be paid by the buyer of the insurance. Premium is the regular payment made by the buyer and indemnity is the compensation paid by the company to the buyer for any loss.

Step 2 : Answer to the question "2. Who among the following will be most likely to use terms like indemnity, premiums, pre-existing condition and deductible?"

Insurance broker:

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