Which of the following is typically a responsibility of an insurance intermediary?

An insurance intermediary plays a crucial role in bridging the gap between clients and insurers, and one of their primary responsibilities is providing accurate advice to clients. This involves understanding the clients' insurance needs, evaluating various policies and coverage options, and offering guidance to ensure clients make informed decisions. This responsibility is vital because clients often rely on intermediaries to navigate the complexities of insurance products, which can be overwhelming without expert knowledge.

The other roles mentioned, such as issuing premium refunds or settling claims directly with clients, typically fall under the responsibilities of the insurer rather than the intermediary. While an intermediary may assist clients in the claims process, they do not usually handle the settlement of claims. Similarly, managing the insurer's financial accounts is a responsibility that pertains to the insurer's internal operations rather than the intermediary's role. Thus, the correct answer highlights the essential function of intermediaries in providing sound advice to their clients.