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Refinance and Mortgage Encyclopedia - agent

Agent

A licensed personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). or organization authorized to sell insuranceSee "property insurance;" "private mortgage insurance;" "insured mortgage;" "title insurance." by or on behalf of an insurance companyAn insurance company must be licensed by the Department of Insurance to sell health insurance. The insurer.

Agent

A personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). licensed by a state insurance departmentA department of a state government whose duty is to regulate the business of insurance and give the who solicits, negotiates, or effects insuranceSee "property insurance;" "private mortgage insurance;" "insured mortgage;" "title insurance." contracts on behalf of one or more insurers.

Agent

A personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). who sells and services insuranceSee "property insurance;" "private mortgage insurance;" "insured mortgage;" "title insurance." policies. In Washington state, all insurance agents must obtain an agent licenseAuthority to enter or use another person's land or property, without possessing estate in it; revocable. from the Office of the Insurance CommissionerThe elected state official who is authorized to enforce the state's insurance law, and to make reasonable.

Agent

A personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). who sells insuranceSee "property insurance;" "private mortgage insurance;" "insured mortgage;" "title insurance." products of the insurance companyAn insurance company must be licensed by the Department of Insurance to sell health insurance. The insurer. The person responsible for your insurance coverageThe scope of protection provided under a contract of insurance; any of several risks covered by a policy. needs.

Agent

An agent is equal to a ProducerAn authorized representative of an insurance company who sells and services insurance contracts. with an insurance companyAn insurance company must be licensed by the Department of Insurance to sell health insurance. The insurer appointment. A Producer's authority to act as an agent of an insurerThe insurance company. shall be activated on the date the insurer's authorized licensing representative signs a written appointment formThis is an insurance policy, or the riders and endorsements attached to it., providing such form is filed with the CommissionerA state officer who administers the state's insurance laws and regulations. In some states, this regulator within 15 business days after the date the agencyThe Rural Housing Service or its successor agency within the Rural Development mission area of the U.S. contractThe formal legal document, also known as the "policy" that describes the agreement between the policyholder is executed or the first insuranceSee "property insurance;" "private mortgage insurance;" "insured mortgage;" "title insurance." applicationUnder the Equal Credit Opportunity Act (ECOA), an oral or written request for an extension of credit is submitted. An insurer shall be responsible for the actions of the Producer that relate to such appointment.

Agent

An insuranceSee "property insurance;" "private mortgage insurance;" "insured mortgage;" "title insurance." salesperson. An agent represents the insurance companyAn insurance company must be licensed by the Department of Insurance to sell health insurance. The insurer, not the consumerAny natural person obligated or allegedly obligated to pay a debt incurred for personal, family or household use.. A) An independent agentAn independent businessperson who usually represents two or more insurance companies in sales and service usually represents two or more insurers in a sales and service capacityYour ability to make your mortgage payments on time. This depends on your income and income stability, and is paidThis is the amount of tax posted as paid for the year in question, either in installment payments or on a commissionThis is the portion of the premium the agent or broker keeps as compensation for sales, service, and basisThe total amount paid for a property, including equity capital and the amount of debt incurred. For. B) An exclusive agentAn agent who is employed by one and only one insurance company and who solicits business exclusively for that company. or captive agentAn agent who sells insurance for only one company, as opposed to an independent agent who represents several companies. represents only one company, usually on a commission basis.

Agent

In the insuranceSee "property insurance;" "private mortgage insurance;" "insured mortgage;" "title insurance." industry, an agent is appointed by an insurance companyAn insurance company must be licensed by the Department of Insurance to sell health insurance. The insurer to sell insurance policies. The agent represents the insurance company, not the insuredThe policyholder - the person(s) protected in case of a loss or claim..

Agent

Licensed by the state, performs the functions for sole proprietors and small businesses that Human Resource Departments do for larger businesses, gathers census data, prepares proposals, makes presentations to businesses, explains benefitsThe amount payable by the insurance company to a claimant, assignee or beneficiary under each coverage to employers, and employees, does field underwritingThe process of selecting risks for insurance and determining in what amounts and on what terms the insurance when required, delivers policies and certificates, assists in handling claims, performs other related tasks required by the employer or sole proprietor.

Agent

Licensed salesperson who represents one or more health insuranceFinancial protection against all or part of the medical care costs to treat illness or injury. Health companies and presents their products to consumers.

Agent

One who acts for and with authority from another calledAnother term for exercised when an option is a call. In the case of an option on a physical, the writer the principalThis term is used to mean the employer of an agent; or the amount of money borrowed, or the amount of.
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