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

Money Draining Food Myths

Money Draining Food Myths

These food myths will really put a drain on your wallet.

A Brief Guide To Condo Insurance

A Brief Guide To Condo Insurance

Important items to consider when purchasing condo 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.