So what exactly is an Independent Insurance Agent? Unlike captive agents, they work for you. Since they aren't tied down to just one insurance carrier, independent insurance agents are free to explore more companies and coverages to help find the best cost for all the protection you, your ...
An insurance broker is not an insurance agent. Insurance brokers work for themselves or dedicated insurance brokerages. Either way, they typically have relationships with many insurance companies, even if they specialize in only one type of insurance. Insurance companies pay them, but they don’t ...
While a pay agent does have the responsibility of making payments to investors, the agent does not actually interact with the investor on any matters other than confirmation that the payment is received. If there is some problem with the amount of the payment, the investor will need to interac...
An AI agent is an autonomous system that processes information, makes decisions, and takes action to achieve a goal. Unlike AI chatbots, which respond to user inputs, agentic AI refers to software that is capable of autonomous decision-making. It’s often used to automate complex workflows,...
Mistakes are an inevitable part of any business. These lapses, however, can result in huge financial losses and reputational damage, particularly if a client decides to sue. This is where professional indemnity insurance comes into play. Although not always legally required, this ...
Most major insurers sell homeowners policies, which include hazard insurance. You can look forhome insurance quotesonline or ask an independent insurance agent to shop around on your behalf. To get the best price, it’s smart to compare quotes from at least three insurers. ...
How do car insurance deductibles impact premiums? Bankrate’s study of average car insurance premiums and deductible levels nationwide confirmed what our licensed agent team members already knew — generally, the higher your auto insurance deductible, the lower your premium. With higher deductibles, you...
Special agents are authorized to make a single transaction or a series of transactions within a limited period. This is the type of agent most people use from time to time. A real estate agent,securities agent, insurance agent, and travel agent are all special agents. Important Practicing as ...
insurance sales; Role of sales skills in the work of insurance agents; Resources available online for training in insurance sales; Methods for locating clients; Reaction of buyers to sales incentives in the insurance agency; Importance of buying insurance from an agent that is ethical and ...
What Is an Example of an Independent Agent? An example of an independent agent would be an insurance agent that has a client looking for a life insurance policy. The agent would be able to contract with many providers, such as Northwestern, Mass Mutual, and Prudential to find the best life...