Insurance Brokers Law and Legal Definition
Insurance brokers are intermediaries between the insurers and the insured. They work on commission and usually sell commercial insurance. In life insurance, agents must be licensed as securities brokers to sell variable annuities, which are similar to stock market-based investments.
Legal Definition list
Related Legal Terms
- Accelerated Life Insurance Benefits
- Accident Insurance
- Accidental Death and Dismemberment [Insurance]
- Accommodation Line [Insurance]
- Accountants Professional Liability Insurance
- Accounts Receivable Insurance
- Actual Cash Value Insurance
- Actual Delivery of Insurance Policy
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarially Appropriate [Federal Crop Insurance Corporation]
