insurance agent

insurance agent definition - finance
A person who sells insurance policies. There are two main types of insurance agents: A captive agent can sell only the insurance policies of the company that employs him or her. An independent agent sells the policies of many different companies and attempts to find the best policy for the insurance buyer. An independent agent may also be called an insurance broker.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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