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  2. Managing general agent - Wikipedia

    en.wikipedia.org/wiki/Managing_general_agent

    In insurance, a managing general agent is defined legally as "an individual or business entity appointed by an underwriting insurer to solicit applications from agents for insurance contracts or to negotiate insurance contracts on behalf of an insurer and, if authorized to do so by an insurer, to effectuate and countersign insurance contracts".

  3. 9 questions for your life insurance agent - AOL

    www.aol.com/finance/8-questions-life-insurance...

    Ask your agent which type of life insurance, term or permanent, best suits your needs. Confirm with your agent if your policy offers living benefits, like access to cash value or critical illness ...

  4. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.

  5. List of United States insurance companies - Wikipedia

    en.wikipedia.org/wiki/List_of_United_States...

    In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...

  6. Do I Need an Insurance Broker or Agent? - AOL

    www.aol.com/insurance-broker-agent-140004937.html

    There are two types of insurance agents, and both work slightly differently than insurance brokers.Captive agents are professionals employed by one insurer, meaning the policies they sell are from ...

  7. Independent insurance agent - Wikipedia

    en.wikipedia.org/wiki/Independent_Insurance_Agent

    While the agent collects commissions, they do not collect a salary from the companies they represent. On average, independent agents work with thirteen property and casualty and six life and health insurance companies on a regular basis. [7] Independent agents own and control their accounts, policy records, and renewals.

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