independent agency system
The independent agency system consists of marketing insurance through independent contractors (agents) who sell insurance on a commission or fee basis with one or more insurers.
independent agency system
The independent agency system consists of marketing insurance through independent contractors (agents) who sell insurance on a commission or fee basis with one or more insurers.
Additional Information
In contrast to the direct marketing system, the independent agent retains ownership, use, and control of policy records and expiration data.
