Insurance Agent
An insurance agent is an individual approved by the state to sell insurance products. An insurance agent is principally a sales professional also referred to as "producer".
Insurance Agent
A sales representative of an insurance company.
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insurance agent
representative of an insurance company in soliciting and servicing policyholders. An agent's knowledge concerning an insurance transaction is said to be the knowledge of the insurance company as well.
INSURANCE AGENT - The insurance company representative and adviser who sells insurance policies.
INSURANCE BINDER - Written evidence that insurance is in effect with regard to the property and the ris...
Insurance Agent License: All insurance agents must be properly registered with their state insurance commission. Insurance agents selling variable annuities or variable insurance policies must also be registered with FINRA.
Insurance Agent.
Underwriter
Person that uses various types of evidence to evaluate the insurability of a client.
An insurance agent who only works for one insurance company. A captive agent is paid by that one company either with a combination of salary and commissions or with just commissions.
An insurance agent that is affiliated with more than a single insurance company. An independent agent is able to shop several insurance carriers for the best plan for a particular insured.
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Similar to insurance agents, insurance adjusters are regulated by the state and must obtain an insurance adjuster's license.
What does the term "Adjuster" mean?
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Consult your insurance agent for more information.
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Editor's Note: General Casualty Insurance Companies, headquartered in Sun Prairie, Wis., and is a member of Winterthur U.S. Holdings, Inc.
Independent Insurance Agents & Brokers of America (IIABA) - Formerly the Independent Insurance Agents of America (IIAA), this is a member organization of independent agents and brokers monitoring and affecting industry issues.
independent agent An insurance agent who represents multiple insurance companies, not just a single one. independent auditor A Certified Public Accountant who provides a firm with an accountant's opinion...
RENEWAL COMMISSIONS The commission payments made to insurance agents that are based on the premium payments made after the policy's first year.
car and truck expenses or local transportation expenses, to inspect the property, collect rents, interview prospective tenants, or to call on contractors, suppliers, vendors, your insurance agent, etc; if you claim these expenses, ...
Insurance Agent (insurance term)
Professional Insurance Agents (PIA) (insurance term)
Captive Agent (finance term)
Brokerage General Agent (insurance term)
Broker-Agent (insurance term)
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Common examples of brokers are real estate agents, stock brokers, and insurance agents. The thing to note about brokers is that they don't buy or sell anything, but merely bring buyers and sellers together.
This is illegal in some states and not allowed under the Insurance Code if the individual receiving the payment is an independent adjuster, insurance agent, or broker.
Years ago, most successful insurance agents were making big money selling 419 and 412i plans. Now they are selling captive insurance and Section 79 scams to unsuspecting business owners and professionals.
The Internet is an excellent resource for finding insurance agents. You may also find information about agents through local business networking organizations.
Financial planning is not regulated, so while accountants, bankers, lawyers, brokers, insurance agents, and other professionals with special training and credentials act as planners, people without credentials may also work as planners.
Agent - (1) An individual or firm that effects securities transactions for the accounts of others. (2) A person licensed by a state as a life insurance agent.
You can purchase or sell fund shares directly from a fund or through a broker, financial planner, bank or insurance agent, by mail, over the telephone, or online.
Depending on the work a particular agent does, he or she may need to be certified, licensed, or registered by industry bodies or government regulators. For instance, insurance agents must be licensed in the state where they do business, ...
The amount paid by the purchaser of an insurance contract less any commission or brokerage fees payable to an insurance agent. This represents the gross income of an insurance company.
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The first, most conventional and recommended way is to sit down with a notary and estate planner (this could be a lawyer or insurance agent).
Financial adviser
A person who provides financial information and advice. Examples include employee benefits staff, bank and credit union employees, credit counselors, brokers, financial planners, accountants, insurance agents, and attorneys.
For instance, insurance agents must be licensed in the state where they do business, and stockbrokers must pass licensing exams and be registered with NASD.In a real estate transaction, a real estate agent represents the seller.
Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed-upon sum to the insured in the event of loss.
Insurance agent ...
However, there is little regulatory control exercised over use of the term, and, as such, many insurance brokers, insurance agents, securities brokers, and others identify themselves as financial advisors.
 See also: Expense, Life insurance policy, Saving, Compensation, Mergers
  
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