Abstracts
Abstract
There exists a mutual interest between the broker and the insured which becomes evident when an insurance risk is placed or at the time a loss occurs. To illustrate this relationship, the author presents a number of cases in which services rendered by the broker to the client were highly appreciable. Insureds should indeed perceive insurance not as a merchandise bought at the lowest price tendered, but rather as a service the value of which one realizes when confronted with a loss.
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