Investor Glossary-insurance agentInvestor Glossary-insurance agentInvestor Glossary-insurance agentInvestor Glossary-insurance agentInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Insurance Agent

The HTML to link to this page
 

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". An insurance agent is likely to sell one or a number of insurance products, such as life, property and casualty, health, disability, or long term care. Insurance policies sold by an insurance agent may be used to protect both individuals and businesses from natural disasters, accidents, theft, and death. There is a subtle difference between an insurance agent and an insurance broker. An insurance broker, or independent insurance agent will sell insurance on behalf of many companies in order to offer their clients the best rate possible. Conversely, an insurance agent, also known as captive agent, represents a single insurance company. Today, an appropriately licensed insurance agent may also sell various comprehensive financial products, such as mutual funds, variable annuities, and other securities.



Rate this insurance agent definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: risk management, annual return, FTSE, dividends payable, implied volatility, Zero Cost Collar, inflation, open position, average price per share, 1031 exchange, option premium, quality assurance, current ratio, FICO score, ex-dividend date, liquidity ratio, labor relations, diluted share, margin rate, required rate of return, irrevocable trust, command economy, minority interest, EBITDA, cancelled check, APR, LIBOR, phantom income, deferred revenue, ex-dividend, real GDP, 401a, 1035 exchange, per diem, 144a, Key Rate Duration, stock split, debt service coverage, deferred tax, in escrow, limit order, VIX, wholly-owned subsidiary, covered put, retained earnings, balance sheet, reverse mortgage, class C shares, stock market close


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use