Captive agents
Term · Insurance and risk management · MLC-T-INS-000682
Insurance professionals who represent a single insurance company exclusively. They are contractually obligated to sell only that company's products, such as life, health, property, or casualty insurance, and receive support and training from that insurer. This arrangement contrasts with that of independent agents, who work with multiple insurers and can offer policies from different carriers.
| Identifier | MLC-T-INS-000682 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000682",
"term": "Captive agents",
"field": "Insurance and risk management",
"definition": "Insurance professionals who represent a single insurance company exclusively. They are contractually obligated to sell only that company's products, such as life, health, property, or casualty insurance, and receive support and training from that insurer. This arrangement contrasts with that of independent agents, who work with multiple insurers and can offer policies from different carriers.",
"url": "https://mlchart.com/terminology/insurance/captive-agents/"
}
Record 461 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.