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The insurance industry plays a vital role in protecting individuals, families, and businesses from financial risks. But when it comes to purchasing a policy, many people rely on insurance agents to help them make informed decisions.
However, not all insurance agents are the same. Depending on their affiliation and how they operate, there are several types of insurance agent, each with different roles and responsibilities.
In this blog post, we’ll break down the various types of insurance agents, their functions, and how to choose the right one.
Who is an Insurance Agent?
An insurance agent is a licensed professional who sells insurance policies to customers on behalf of an insurance company. Agents help clients understand coverage options, compare plans, and complete the policy-buying process.
But not every agent works in the same way. Based on their relationship with insurers and clients, they fall into different categories.
Major Types of Insurance Agents1.
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