agent/producer

a legal representative of an insurance company; the classification of producer usually includes agents and brokers; agents are the agents of the insurer







Applicant or proposed insured

a person applying for insurance







Broker

an insurance producer not appointed by an insurer and is deemed to represent the client







Insurance policy

a contract between a policyowner (and/or insured) and an insurance company which agrees to pay the insured or the beneficiary for los...
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