Agent
Term · Insurance and risk management · MLC-T-INS-000360
An individual authorized to sell and service insurance policies on behalf of an insurance company. Agents act as intermediaries, advising clients on coverage options, preparing applications, and assisting with claims. They are typically compensated by commission and must be licensed by the state insurance department.
| Identifier | MLC-T-INS-000360 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000360",
"term": "Agent",
"field": "Insurance and risk management",
"definition": "An individual authorized to sell and service insurance policies on behalf of an insurance company. Agents act as intermediaries, advising clients on coverage options, preparing applications, and assisting with claims. They are typically compensated by commission and must be licensed by the state insurance department.",
"url": "https://mlchart.com/terminology/insurance/agent/"
}
Record 94 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.