Commerce WAEC

An insurance broker is involved in?

A. industrial occupation
B. distributive occupation
C. commercial occupation
D. constructive occupation

Correct Answer: Option C

C. commercial occupation

Explanation

An insurance broker sells, solicits, or negotiates insurance for compensation. An insurance broker is a specialist in insurance and risk management. Brokers act on behalf of their clients and provide advice in the interests of their clients.

Commercial Occupation: This refers to all the people involved in the distribution and exchange of goods produced by the industrial sector. Examples of commercial workers are: bankers, transporters, insurers, traders, etc

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