Learn about the role of a General Agent in Health and Life Insurance. Understand their responsibilities, commission structure, and the importance of finding their own clients.
Learn about renewal commission in general insurance terms, which refers to the ongoing commissions paid after the first year’s commission. Understand how this impacts insurance agents and brokers.
Learn about the concept of expense allowance in general insurance, which refers to payments made to insurance agents in addition to their set commissions.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.