Members 1st Investment Services and Wealth Management

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 |
 

Related Content

Your DNA Test

Your DNA Test

If your family relies on your income, it’s critical to know what their needs would be in the event of your death.

Insuring Your Business Against Cyber Liability

Insuring Your Business Against Cyber Liability

90% of small businesses in the U.S. don't protect their data from cyber attacks. Is your business at risk?

Protecting Those Who Matter Most

Protecting Those Who Matter Most

The importance of life insurance, how it works, and how much coverage you need.