Which of the following is NOT a type of agent authority?

The identification of "explicit" as the correct answer is rooted in the definitions of agent authority in the insurance context. Agent authority generally falls into three recognized categories: express, implied, and apparent authority.

Express authority is the authority granted directly through written or spoken agreements between the insurer and the agent. This includes clear instructions on what an agent can do on behalf of the insurer, such as binding coverage or collecting premiums.

Implied authority refers to the authority that is not explicitly stated but is necessary for the agent to carry out their duties effectively. This includes actions that are customary in the industry or related to the express authority, enabling the agent to fulfill their role without needing direct permission for every single action.

Apparent authority is based on the perception of third parties. If an agent appears to possess authority, even if they do not have formal authorization, the insurer may be bound by the actions of the agent to protect third parties who are unaware of the actual limitations of the agent's authority.

The term "explicit" does not fit into the commonly recognized categories of authority within the insurance industry. Instead, the correct terminology is "express," which is distinct from "explicit." Therefore, since "explicit" is not recognized as a type of agent authority