Insurance

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.

Have A Question About This Topic?

Thank you! Oops!

Related Content

Why An Annuity May Be Key to Your Retirement Plan

Why An Annuity May Be Key to Your Retirement Plan

If you’re looking for a way to supplement your income in retirement, an annuity may be for you.

What Deductible is Right for You?

What Deductible is Right for You?

Deductibles are tricky for some. Help make it simple with this article.

Three Business Auto Coverage Gaps

Three Business Auto Coverage Gaps

Running a business with vehicles? These three coverage gaps could leave you exposed. Here's what you need to protect it.