Andrea has her insurance policy through her local agent. Andrea's friend opened his own insurance agency and promised Andrea lower rates if she switched her policy to his office. When Andrea informed her current agent that she wanted her coverage cancelled, which method of cancellation will he use?

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The topics covered on the Property & Casualty Insurance Exam depend on the specific state board in the United States. Below are some probable categories for this exam. Types of Policies, which includes limited-pay, single-premium life, and ordinary whole life. Parts of a Policy, which includes declarations, agreements, conditions, and exclusions. Policy Riders and Provisions, which includes waiver of premium, accidental death dismemberment, insurance clause, owner’s rights, and payor benefits. Completing the Application, which includes underwriting, warranties, replacement, insurable... Show more

Andrea has her insurance policy through her local agent.  Andrea's friend opened his own insurance agency and promised Andrea lower rates if she switched her policy to his office.  When Andrea informed her current agent that she wanted her coverage cancelled, which method of cancellation will he use?