Insurance

What is an Agent?

Agent

[ey-juh nt]

noun

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?

How Stocks Work

Understanding how a stock works is key to understanding your investments.

Applying for Life Insurance? Here's What to Expect

Applying for life insurance isn't exactly simple, but it shouldn't be scary either. We've outlined exactly what you can expect when pursuing a new policy.

What is a Claim?

Do you know what a Claim is?