insurance agent
Coverage sales professional
An insurance agent is a person who sells insurance policies, acting as intermediary between customers and insurance companies.
Agents may represent a single company (captive agents) or multiple insurers (independent agents).
They help clients select coverage, process applications, and often assist with claims: Our insurance agent found us a better rate on homeowner's coverage.
Evaluating likelihood of harm
- coverage optionsAvailable insurance plan features
- exclusionsThings deliberately left out
- liability limitsMaximum insurer payout amounts
- endorsementsFormal declarations of support
quotes · discounts · coverage gaps · financial planning · estate planning
Time-limited death benefit policy
- whole lifeFull span of existence
- annuitiesPeriodic fixed payments
- umbrella policySupplemental liability insurance
- long-term careOngoing assistance for disabilities
Granting official permission
- brokerTransaction intermediary for hire
- underwriterOne who assumes financial risk
- fiduciaryAgent bound by loyalty
- certificationAttestation of qualification
compliance · ethics · continuing education · appointment · producer · solicitor · accreditation · professional development
Payment for services rendered
- prospectingSearching for mineral wealth
- leadsGoes in front
- cold-callingContacting prospects without introduction
- quotasMandated numerical limits
closing · pitching · referrals · networking · conversion · proposals · presentation · negotiation
risk assessment
Evaluating likelihood of harm
- coverage optionsAvailable insurance plan features
- exclusionsThings deliberately left out
- liability limitsMaximum insurer payout amounts
endorsements · quotes · discounts · coverage gaps · financial planning · estate planning
term life
Time-limited death benefit policy
- whole lifeFull span of existence
- annuitiesPeriodic fixed payments
- umbrella policySupplemental liability insurance
licensing
Granting official permission
- brokerTransaction intermediary for hire
- underwriterOne who assumes financial risk
- fiduciaryAgent bound by loyalty
certification · compliance · ethics · continuing education · appointment · producer · solicitor · accreditation · professional development · designations
commission
Payment for services rendered
- prospectingSearching for mineral wealth
- leadsGoes in front
- cold-callingContacting prospects without introduction
quotas · closing · pitching · referrals · networking · conversion · proposals · presentation · negotiation · outreach
- licensed professionalsdoctor, dentist, lawyer, attorney, pharmacist
- local servicesbarber, barbershop, dentist, dry cleaner, florist
- professionalsdoctor, nurse, lawyer, engineer, dentist
- professionsdoctor, lawyer, engineer, teacher, nurse
- small businessesbakery, restaurant, salon, boutique, florist
- auto insurancecollision coverage, liability coverage, comprehensive coverage, theft protection, premium
insurance agentpolicyholder
Owner of insurance contract
claims adjuster · underwriter · claimant · customer · client
insurance agentstockbroker
Securities transaction agent
day trader · bookie · loan shark · speculator · hedge fund manager
agent, agency, insurance, agents, insured, uninsured, insurers, insurer, insuring