Insurance Agent VS Insurance Broker

INSURANCE AGENT VS INSURANCE BROKER. You know you've always wondered but never had the balls to ask. While these two terms get used all the time, these are two different things.

In this video, tito is going to walk you through what these people have in common and what sets them apart. Despite that, it is important to remember that even though they're different, they still reach important segments of the market that an insurance companies need to reach. These intermediaries play very vital roles in the industry as they allow insurance to reach those who need it.
__________________________________________

Property Insurance Playlist:

Motorcar Insurance Playlist:

Personal Accident Playlist:

Surety Bonds Playlist:

Marine Insurance Playlist:

English Mondays Playlist:
__________________________________________________
_______________________________________________

Looking to buy insurance?
Looking to sell insurance?
Let's talk! Usap tayo. Sagot ka ni tito.

I'm also on facebook! You can visit/message me at:

You can also email me at:
_______________________________________________

Leave a like and subscribe for more non-life insurance related content! Let me know what kinds of topics/questions you want answered. Enjoy the rest of your day!

[jamalsmith]

To the question of the day it depends on the terms which includes what is incontestable vs. contestable.

[alisaf]

Yes you can adjust and amend after a policy is active and paid for. But it will be at a cost. AND those adjustments only come in affect of date of adjustment.

[francinewarren-kidd]

Yes you are able to include additional cover under a policy already paid for, this is considered as an endorsement.

[isakevinsinambela]

Thank you bro.. i'm from Indonesia. And i work in the largest insurance broker in Indonesia. God bless

[BarbaraJampsa]

Thank you so much for this information because it was very informative and I like the way you deliver the content. Very engaging and kept my attention unlike other videos with the same information. Keep up the great work because you are awesome!

[nancyobasi]

Yes it is possible …. That’s where “endorsement” comes to play

[firstborns]

Thank you sir!!!! Very informative to me and answered my query love you man!!

[jayceesimpson]

Hello! I currently work for a brokerage with about 50 employees. Teams of 3, AE, AM, and AA. Can I get your opinion on something? If the book grows.. do you think the team should grow as well? We keep getting new business however I’m worried we will all get burnt out.. I am at least lol. 23 new to insurance. Love the people, not the job.

[syeh]

Very useful information...Thank you so much.

[jidejosef]

Yes it is possible

Its called ENDORSEMENT

[swfkljqwf]

I know that the agent needs license does the broker also need life agent insurance to operate?

[OneLightYearAway]

Hello beautiful people! We are appointment setters company, we can get you Confirmed appointments not just leads!

[Shekinah-yyxd]

Thanks for explaining.by the way you have a cute smile.😂😂❤

[ashuncateater]

Brokers still need to scour the market for new clients in order to grow their book you can’t just sit around servicing your existing clientele without focus on new business opportunities