What is an Agent?

Agent

[ey-juh nt]

noun

1.

An Insurance Agent is an individual who sells insurance on behalf of an insurance company. They are different from Brokers, in that Brokers represent the party buying insurance, while agents represent the company selling the insurance. Agents can be either captive or independent. Captive Agents are representatives of a single insurance company, and sell policies exclusively for that company. Independent Agents sell policies for many companies.

Share |

Have A Question About This Topic?

Thank you! Oops!
 

Related Contents

The Other Sure Thing

The Other Sure Thing

Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared?

A Home Insurance Claim: To File Or Not To File

A Home Insurance Claim: To File Or Not To File

Learn when it may not make sense to file a claim on your home insurance.

Assess Your Life Insurance Needs

Assess Your Life Insurance Needs

This calculator estimates how much life insurance you would need to meet your family's needs if you were to die prematurely.