Debit agent

{
  "id": "MLC-T-INS-001082",
  "term": "Debit agent",
  "field": "Insurance and risk management",
  "definition": "An insurance agent who collects premiums directly from policyholders, often weekly or monthly, at their homes or workplaces. These agents historically managed a specific territory or 'debit' of policies, providing personalized service and maintaining client relationships. While less common today, this model was prevalent for industrial life insurance policies, which had small face values and frequent premium payments.",
  "url": "https://mlchart.com/terminology/insurance/debit-agent/"
}