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Insurance Agent |
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The insurance agents act as the intermediaries between the insurer and the insurance company. The insurance agents are the insurance company workers. They work for the benefit of the clients and the insurance company. Insurance agents may be salaried employees or commission earners. The commission mainly depends on the premium of the policy The insurance agents carry out all the legal process of documentation
on behalf of the clients. Insurance agents in health, life, property and
liability insurance are in great demand. After the policy is taken up
the clients the insurance agents collect the monthly or yearly premium
from the clients and pay it on their behalf. On maturity period or the
happing of the uncertain event like the death of the insurer in case of
life insurance the insurance agents recover the policy amount. |
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