Which of the following choices is an example of a producer adhering to his ethical responsibilities?

The choice that exemplifies a producer adhering to ethical responsibilities is selling a policy that fits a client's needs and expectations. This practice demonstrates a commitment to the client's best interests, which is a fundamental aspect of ethical conduct in the insurance industry. An ethical producer takes the time to assess the unique circumstances of each client, including their coverage needs, financial situation, and long-term goals. By ensuring that the policy aligns with these individual aspects, the producer not only fulfills their duty to provide trustworthy advice but also helps to build a lasting relationship based on transparency and respect.

In contrast, the other scenarios reflect practices that could be considered unethical. Selling a policy with a high premium and inadequate coverage compromises the client's financial well-being and trust. Similarly, not explaining the conditions and limitations of a policy can leave the client uninformed and vulnerable to unexpected risks. Lastly, offering a low premium solely to secure business, without regard to whether it suits the client's needs, does not prioritize the client's best interests and can lead to dissatisfaction or harm in the long run. Always prioritizing suitability and transparency is crucial for maintaining ethical standards in insurance.