Which of the following is true for an exclusive agent?

An exclusive agent is tied to a single insurance company through a contractual agreement, which allows them to sell the products and services of that specific insurer only. This arrangement often comes with the benefits of receiving training, support, and resources from the insurance company they represent. The agent's focus is entirely on the offerings from this one insurer, which helps them build specialized knowledge about the products and can enhance the personalized service they provide to clients.

The other options do not accurately describe the role of an exclusive agent. An exclusive agent cannot represent multiple insurers because their contract explicitly binds them to one company. They also do not develop independent marketing strategies akin to independent agents, as they generally follow the marketing guidelines provided by the insurer. Finally, exclusive agents remain involved in policy servicing, assisting clients with the details of their coverage, claims, and other needs related to the insurance policies they sell.