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Independent insurance agents typically represent a number of insurance companies, or "carriers", and sell the products that most appropriately meet the needs of their clients. Independent agents typically are very well trained and knowledgeable of the complexities of the insurance market and insurance law . [ 1 ]
This is an example of a less-standardized licensure that is part of the licensing debate. For example, the gold standard in radiologic technician is a JCERT accredited 24-month program, but some states allow for only 6-week programs. [6] There is often debate about the level and type of regulation needed.
The A&S version covers accident and sickness insurance only. The LLQP does not provide a designation. It is simply the first hurdle toward earning a licence to practice. Technically, most provincial insurance acts [3] only prohibit somebody from acting as an agent if that person does not carry a licence to sell life insurance. Agent is defined ...
The selling process involves more than just your life insurance policy; your medical history plays a key role, too. Potential buyers will require access to your medical records to accurately ...
An insurance broker will need the same information as any insurance professional, including info about the insurance products you need and your personal details.
The IIABA has spent more than $1 million in 2010 in lobbying efforts on federal crop insurance, insurance licensing reform, and other insurance issues. [2]The IIABA supported the National Association of Registered Agents and Brokers Reform Act of 2013 (H.R. 1155; 113th Congress), a bill which would reduce the regulatory costs of complying with multiple states' requirements for insurance ...
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