AD Banker Comprehensive Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Enhance your exam readiness with the AD Banker Comprehensive Exam guide. Includes flashcards and multiple-choice questions with explanations.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Non-financial regulatory activities are known as:

Market conduct
Risky conduct
Hazardous conduct
Financial conduct

The correct answer is: Market conduct

Non-financial regulatory activities are referred to as market conduct. This term encompasses the behavior and actions of insurance companies and their agents in the marketplace, particularly regarding how they interact with consumers. Market conduct regulations are designed to promote fair treatment of policyholders, ensuring that companies operate transparently and ethically. This includes practices such as advertising, sales practices, claims handling, and overall interactions with clients. The other terms mentioned, such as risky conduct, hazardous conduct, and financial conduct, do not accurately capture the essence of non-financial regulatory activities as they either imply a focus on risk management or financial metrics, rather than the broader regulatory framework aimed at ensuring fair market practices.