   
|
|
Insurance Broker
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
An insurance broker is a professional that helps consumers and businesses research and select the best insurance policies for life, health, property and automobile protection. An insurance broker works for an agency and represents more than one insurance company. When insurance is needed, an insurance broker will place policies on behalf of their clients with the companies that offer the best coverage and rates. Typically, an insurance broker maintains records, prepares reports, markets their services, and, in the event of a loss, an insurance broker will also help policyholders settle any claims. Today's insurance broker is extremely versatile offering other services such as retirement and estate planning. A formal education and specialized training is usually required to pursue a career as an insurance broker. An insurance broker is paid in one if four ways: commission only, salary only, salary plus commission or salary plus bonus.
Rate this insurance broker definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: inflation, FICO score, EBITDA, labor relations, option premium, 1035 exchange, 144a, deferred revenue, limit order, balance sheet, ex-dividend date, dividends payable, command economy, current ratio, phantom income, required rate of return, average price per share, real GDP, FTSE, stock split, deferred tax, diluted share, margin rate, class C shares, debt service coverage, minority interest, open position, annual return, ex-dividend, 401a, risk management, reverse mortgage, covered put, in escrow, LIBOR, implied volatility, wholly-owned subsidiary, irrevocable trust, quality assurance, stock market close, liquidity ratio, cancelled check, 1031 exchange, APR, Key Rate Duration, Zero Cost Collar, per diem, retained earnings, VIX
|
|
| |